Skip to main content

City Council votes to limit pawn shops

January 23, 2013

WOONSOCKET – Despite charges of creating a monopoly, the City Council Tuesday granted preliminary passage to an ordinance capping the number of pawn shop licenses in the city to two, both of which are already held by Daniel Baldelli, operator of the Gold Loan Company.
The panel voted 5-2 in favor of the measure, over the objections of City Council President John Ward and Vice President Daniel Gendron.
“I’d have a problem with it even if the two existing licenses weren’t held by the same person,” said Gendron. “I just don’t feel the City Council or any government body should restrict or limit the ability of a legitimate business to do business in our city.”
The council’s vote was a rebuke to the efforts of Spindle City Pawnbrokers to set up shop downtown, and it came just hours after an earlier smackdown at the hands of the Budget Commission.
The operator of roughly a dozen pawn shops in New England appealed to the Budget Commission last month after the City Council rejected Spindle City’s application for a license to open at 118 Main St. Vincent Mesolella, a spokesman for the company, basically told commissioners they could either reverse the council’s decision or get dragged into a costly legal battle over the license.
Councilors had raised questions about the company’s track record and reputation in other locales, but those concerns were apparently put to rest after Police Chief Thomas Carey handed over the results of his personal investigation into Spindle City to the commission.

Read more in our print edition.

PROVIDENCE — Kris Dunn believes he has unburdened himself from the fear of injury in a...
There will be a Lincoln/Cumberland girls’ hockey team taking the ice for the 2014-15 season...
PROVIDENCE – A man formerly residing in Woonsocket was arrested for possession of child pornography, state police said...
WOONSOCKET — No charges will be filed against an 11-year-old Globe Park Elementary school student who pointed a plastic...
WOONSOCKET – A 70-year-old city man suffered fatal injuries when he was struck by a car while crossing Cass Avenue near...

 

Premium Drupal Themes by Adaptivethemes