IREM Memphis Chapter celebrates victory.(insession)(Institute of Real Estate Management passed the scrap metal dealer ordinance)

The Memphis City Council passed the scrap metal dealer ordinance in early December. City action is necessary to combat metal theft--particularly copper--that has risen sharply in the last two years. The IREM Memphis Chapter led a coalition that included utility companies, alcohol distributors, churches and cemeteries and spent months lobbying the city council. The ordinance, as passed, includes the following provisions:

* Scrap metal dealers must have a city permit to operate;

* Scrap metal purchases (other than aluminum cans and HVAC coils/condensers) must be paid via voucher;

* HVAC coils and condensers can only be purchased or sold from HVAC contractors;

* When a property has a name on it, scrap metal dealers must present a valid sales receipt from the property owner;

* Scrap metal dealers must tag and hold purchased metals for 10 days.

Print Get the Mag Weekly Updates