« Random Riverbend Observations: Weekend One | Main | Pulse Advertising Director Andrew Stegall to Play Riverbend Tomorrow Night »
June 13, 2006
Lest Ye Receiveth a Cash Advance
In an effort to, evidently, prevent check-cashing firms from overtaking our city, Chattanooga City Councilwoman Marti Rutherford is behind a proposal that would, essentially, require check-cashing firms to spread out all over our city.
From today's TFP:
Chattanooga officials may limit how close check-cashing firms, pawn shops and payday lenders may be located from one another."The reason is to prevent the clustering that has taken place on so many major roads," City Councilwoman Marti Rutherford said Monday.
The City Council on July 11 will consider restricting the location of alternative financial services. The Chattanooga-Hamilton County Regional Planning Commission on Monday voted 8-2, with one abstention, to endorse the restriction.
An attorney representing Cleveland, Tenn.-based Check Into Cash raised several objections Monday with the proposal.
The proposal would change the city’s zoning ordinance to require certain businesses be located a minimum distance of 1,320 feet from one another. The targeted businesses are check cashing, deferred presentment, title pledge and pawn shop services, according to the resolution.
Existing locations at about 100 Chattanooga sites would be grandfathered in and not subject to the new rules, if adopted. Many of the businesses are on Brainerd Road, Highway 58, Highway 153 and Rossville Boulevard, said Michael N. St. Charles, an attorney with Chambliss, Bahner & Stophel PC. Other cities that regulate business locations, such as Las Vegas and Pittsburgh, have set a standard distance of 1,000 feet of separation, Mr. St. Charles said. He said his client, Check Into Cash, is not opposing the ordinance change. But he said the alternative financial services were being singled out and the proposed change deals with "more perception than reality."
BlogBeats | By pulseblogger | 09:35 AM
Trackback Pings
TrackBack URL for this entry:
http://chattablogs.com/mt/mt-tb.cgi/32429
Listed below are links to weblogs that reference Lest Ye Receiveth a Cash Advance:
