NUMBER:
000395
VERSION:
SUBSTITUTE 1
REFERENCE:
SPONSOR:
ALD. HERRON AND BOHL
TITLE:
A substitute ordinance relating to the zoning of payday loan businesses
SECTIONS:
295-7-128.5 cr
295-323-6-c cr
295-333-6-c cr
295-343-6-c cr
295-423-6-c cr
295-433-6-d cr
295-453-6-e cr
295-463-6-c cr
295-473-6-c cr
295-483-6-c cr
295-513-6-e cr
295-523-6-b am
295-523-6-c am
ANALYSIS:
- Analysis -
This ordinance defines the term "payday loan agency" for zoning purposes. A payday loan agency is an establishment engaged in the business of making loans to individuals in exchange for personal checks as collateral.
This ordinance also classifies payday loan agencies as special uses in all of the following zoning districts (the same districts in which currency exchanges and title loan agencies are special uses):
1. Local Business.
2. Commercial Service.
3. Regional Shopping.
4. All central business districts except C9A (High Density Residential) and C9D (Civic Activity).
5. Manufacturing.
6. Industrial (I/A/125 to I/D/60).
Payday loan agencies shall be prohibited uses in all other zoning districts.
BODY:
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 295-7-128.5 of the code is created to read:
128.5. PAYDAY LOAN AGENCY: An establishment engaged in the business of making loans to individuals in exchange for personal checks as collateral.
Part 2. Section 295-323-6-c of the code is created to read:
295-323. Special Uses.
6. OFFICES.
c. Payday loan agencies.
Part 3. Section 295-333-6-c of the code is created to read:
295-333. Special Uses.
6. OFFICES.
c. Payday loan agencies.
Part 4. Section 295-343-6-c of the code is created to read:
295-343. Special Uses.
6. OFFICES.
c. Payday loan agencies.
Part 5. Section 295-423-6-c of the code is created to read:
295-423. C9B (Residential and Specialty Use): Special Uses.
6. OFFICES.
c. Payday loan agencies.
Part 6. Section 295-433-6-d of th...
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