At the Yorkville City Council meeting earlier this week, aldermen sent an item back to committee for more discussion regarding additional licensing requirements for businesses classified as, "resale dealers" in the city.
City council documents indicate that a code amendment has been proposed that would require a resale dealer's license for any, "individual, firm, corporation or partnership for profit which buys, sells, possesses on consignment for sale or trades jewelry, stamps, gift cards, coins, audio-video equipment, electronic equipment of any type or any precious metals which may have been previously owned by a consumer; and which generates more than $1 million in gross sales receipts of any and all merchandise."
City code already requires a business that receives more than 35 percent of its gross profit from resale items to have a license with a fee of $200 annually.
City Administrator Bart Olson says the amendment would be drafted to include a business like Target but was asked by alderman Chris Funkhouser if the ordinance would single out a store.
Olson said the discussion was prompted after an inquiry from Target regarding whether a license was required if the business wanted to start a trade-in program for used electronic devices such as cell phones and also a trade-in program for gift cards.
Council documents indicate Police Chief Rich Hart reviewed the request and the current code and has recommended a license be required for any business that is going to allow the aforementioned.
Hart essentially said the license is about oversight to track stolen items which are targeted to be resold for profit. Alderman Joel Frieders shared his thoughts.
However, aldermen were concerned the current proposal does single out one business. This was alderman Carlo Colosimo.
In other items, aldermen unanimously approved regulations for mobile food vendor vehicles, truck rally events and retail vendor vehicles. Most of the changes include rules for operations in the right-of way, refuse collection and other items.