Compromise in Memphis
December 3, 2008 | Tennessee, local issues, states | Comments (0)From today’ Commercial Appeal:
In a unanimous vote, the council approved on third and final reading a zoning ordinance that requires quick-loan businesses to be built 1,000 feet apart from each other and from churches, schools, day cares and neighborhoods.
But a few concessions were made at the last minute. To mitigate complaints from the payday and title loan industries and to win approval of skeptical council members, attorneys on both sides hammered out a compromise Tuesday that would allow for exceptions to the ordinance if business owners acquire a special-use permit.
Also, the law won’t go into effect for 90 days, allowing the industry time to prepare.
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