HomeMy WebLinkAboutORD 1981-020 r .
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ORDINANCE NO. 81-20
AN ORDINANCE REGULATING THE PURCHASE AND
SALE OF "REGULATED PROPERTY" AS HEREIN-
AFTER DEFINED, REQUIRING PURCHASERS OF
REGULATED PROPERTY TO OBTAIN IDENTIFICA-
TION FROM THE SELLER; REQUIRING PURCHASERS n
OF REGULATED PROPERTY TO RETAIN THE PROP-
ERTY FOR SEVEN (7) BUSINESS DAYS; REQUIRING
THE PROPERTY TO BE AVAILABLE FOR INSPECTION
REQUIRING A RECORD OF THE PRICE PAID
FOR THE PROPERTY; PROVIDING A PENALTY NOT
TO EXCEED $200. 00; PROVIDING A SEVERABILITY
CLAUSE; AND PROVIDING AN EMERGENCY
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS :
Section 1. Definitions
(a) "REGULATED PROPERTY�' means new or used:
Crafted Precious Metals
(b) CRAFTED PRECIOUS METALS include jewelry, silver-
ware, art objects , or any other thing or object made, in
whole or in part, from gold, silver, platinum, palladium,
iridium, rhodium, osmirum, ruthenium, or their alloys .
(c) PERSONAL IDENTIFICATION CERTIFICATE means a
certificate issued by the Texas Department of Public Safety
under Article 6687b, Vernons Texas Civil Statutes.
(d) PURCHASE means a transaction in which a person
takes title to regulated property in exchange for valuable
consideration.
(e) AUTHORIZED VENDOR means a commercial supplier
who deals in the wholesale distribution of regulated prop-
erty in the ordinary course of business .
Section 2 . Regulated Property Purchases : Records .
A person who purchases regulated property for the purpose of
resale shall:
(1) Keep a sales record which indicates
the manufacturer or authorized vendor
from which the regulated property was
purchased; or
(2) If the regulated property was purchased
from other than a manufacturer or authorized
vendor the person shall:
(A) at the time of purchase, record in a legible manner,
the name, address driver ' s license number or per-
sonal identification certificate number of the
seller, a description of the property purchased,
s~
and the price paid or other consideration ,
exchanged for the property purchased;
(B) at the time of purchase determine that the
photograph on the drivers license or personal
identification certificate is a photograph of
the seller;
(C) retain possession of the property purchased
and withhold the property from resale for seven
business days;
(D) make the purchased property available for inspect-
ion by any police officer during regular business
hours while the property is in the person' s posses-
sion; and
(3) maintain on file the information required
by this ordinance, for one year from date
of purchase or until the item is sold,
whichever occurs later.
Section 3. That a person violating a provision of this
ordinance, upon conviction, is punishable aby fine not to
exceed $200. 00.
Section 4. Severability Clause.
If any section, paragraph, subdivision, clause,
or phrase of this ordinance shall be adjudged invalid or held
unconstitutional; the same shall not affect the validity of
this ordinance as a whole or any part of any provision thereof
other than the part so decided to be invalid or unconstitutional.
Section 5. Emergency
The fact that the City of Grapevine, Texas ,
does not have an ordinance regulating property defined as
"REGULATED PROPERTY" within the City creates an urgency and
an emergency and the preservation of public health, safety,
and welfare requires that this ordinance shall take effect
immediately from and after its passage and the publication
of the caption as the law in such cases provides .
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DULY PASSED by the City Council of the City of Grapevine, Texas,
on this the �� day of , 1981.
Approved:
Mayor
ATTEST:
City Sec etar
APPROVED AS TO FORM:
City Attorney