City of Milwaukee - File #: 070559

• File #: 070559
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 7/11/2007
• In control: ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE
• Final action: 9/25/2007
• Effective date: 10/12/2007
• Title: A substitute ordinance relating to zoning regulations for installment loan businesses.
• Sponsors: ALD. BOHL
• Indexes: BANKS AND LENDING INSTITUTIONS, ZONING

Date	Ver.	Action By	Action	Result	Tally
10/11/2007	1	CITY CLERK	PUBLISHED
10/4/2007	1	MAYOR	SIGNED
9/25/2007	1	COMMON COUNCIL	PASSED	Pass	13:0
9/18/2007	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	RECOMMENDED FOR PASSAGE; Minutes note: Individuals present: Vanessa Koster - Dept. of City Development Ald. Jim Bohl Jeff Osterman - Legislative Reference Bureau	Pass	4:0
9/11/2007	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/11/2007	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/11/2007	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/11/2007	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
9/11/2007	1	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	HEARING NOTICES SENT
8/24/2007	1	CITY CLERK	PUBLISHED; Minutes note: This file is being published 8/24/07 and 8/31/07 for a CPC Meeting on 9/10/07 at 2:35 p.m.
7/19/2007	1	CITY CLERK	DRAFT SUBMITTED
7/19/2007	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	REFERRED TO
7/19/2007	0	ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE	REFERRED TO
7/11/2007	0	COMMON COUNCIL	ASSIGNED TO

Number
070559
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. BOHL
Title
A substitute ordinance relating to zoning regulations for installment loan businesses.
Sections
295-201-302.5 cr
295-203-5-g rn
295-203-5-g cr
295-203-5-h rn
295-203-5-i rn
295-203-5-j rn
295-203-5-k rn
295-203-5-L rn
295-203-5-m rn
295-403-2-a (table) am
295-503-1 (table) am
295-603-1 (table) am
295-703-1 (table) am
295-803-1 (table) am
295-903-2-a (table) am
295-905-2-a (table) am
Analysis
This ordinance defines an “installment loan agency” as an establishment providing personal loans of up to $1,000 that have terms of not less than 31 days and not more than one year and are repaid through cash payments, wage assignments, current-dated or post-dated checks, or automatic checking account withdrawals. This term does not include any establishment that offers payday loans, title loans or the cashing of checks or money orders; such establishment shall be classified as a payday loan agency, title loan agency or currency exchange, respectively.

This ordinance further creates the following zoning classifications for installment loan agencies in the city’s various zoning districts:

1. Prohibited use - all residential districts, C9A (downtown: high-density residential), all industrial districts except IM (industrial-mixed), parks district.

2. Special use - all commercial districts, all downtown districts except C9A, IM (industrial-mixed), institutional district.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Section 295-201-302.5 of the code is created to read:

295-201. Definitions.

302.5. INSTALLMENT LOAN AGENCY means an establishment providing personal loans of up to $1,000 that have terms of not less than 31 days and not more than one year and are repaid through cash payments, wage assignments, current-dated or post-dated checks, or automatic checking account withdrawals. This term shall not include any establishment that offers pay...