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Pawnshop coming to Oskaloosa

by Dennis Sharkey

Businessman Jim Schonherr is adding pawnshop owner to his list of endeavours.

The Oskaloosa City Council approved a license for Schonherr to operate a pawnshop at a meeting last month clearing the way for the town’s only pawnshop.

Schonnherr told the council that he will utilize unused space at his Tire Shop on US 59 Hwy. in Oskaloosa. He also operates a tow service from the location. In addition he operates the self storage service adjacent to the shop.

Anything that is pawnable will be welcome Schonherr said, including firearms. Other typical items will include tools, electronics and computers.

The idea of opening a pawnshop has been in the works for about four years Schonherr told the council last month. He said at the time he considered opening a motorcycle shop along with a pawnshop but the plan never developed.

Approval by the city council was the last hurdle Schonherr had to clear to open the shop. In addition to being approved by the state attorney general’s office he also went through federal background checks.

Part of owning a pawnshop requires that inventory be registered through local law enforcement. Often stolen items of value find their way to pawnshops. All firearm transactions must be registered with the federal Alcohol, Tobacco and Firearms agency.

Schonherr did request the council look into repealing an annual $25 fee that is paid to the city. He said Oskaloosa is the only city in the state that still charges an annual fee for pawnshops.

City counselor Jan Hayes said the regulations were crafted a long time ago when it was an “odd issue.”

City Councilman Mike Paavola said he was on the council when the fee was put in place and that it was to offset some of the police department’s costs.

“It was part of the state requirements then,” Paavola said. “We spent a lot of time compiling all the information.”

Schonherr said he hopes to have the business open in the first weeks of this month.

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Posted by on Jan 11 2011. Filed under Government, Municipalities, Oskaloosa. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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