Moratorium on Payday Lenders, Liquor, Title and Pawn shops in Ward 4 Moves Ahead
inside the ward gained the complete help associated with the City Council’s preparing Committee. Picture by Imani Khayyam.
Final Monday the Jackson City Council preparing Committee passed a purchase to curtail the further expansion of “title loan, pay day loan, check cashing, alcohol shop and pawn store organizations.”
“In some areas we now have over-proliferation,” Ward 4 Councilman De’Keither Stamps said, explaining the “30-plus” check-cashing storefronts on Ellis Avenue. “I’m not sure whenever we have 30 banking institutions in Jackson.”
“The Jackson City Council finds that over-development and saturation of” the businesses that are aforementioned be detrimental towards the City’s development and would efficiently restrict the capability regarding the City to attract diverse kinds of company,” your order states. Continue reading “Ward 4 Councilman De’Keither Stamps’s moratorium on pawn stores, payday loan providers and alcohol shops”