Ward 4 Councilman De’Keither Stamps’s moratorium on pawn stores, payday loan providers and alcohol shops

Ward 4 Councilman De’Keither Stamps’s moratorium on pawn stores, payday loan providers and alcohol shops

Moratorium on Payday Lenders, Liquor, Title and Pawn shops in Ward 4 techniques Ahead

in his ward gained the support that is full of City Council’s preparing Committee. Photo by Imani Khayyam.

Final Monday the Jackson City Council preparing Committee passed a purchase to curtail the further proliferation of «title loan, cash advance, check cashing, alcohol shop and pawn store companies.»

«In some areas we now have over-proliferation,» Ward 4 Councilman De’Keither Stamps stated, 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 aforementioned companies «would be harmful into the City’s development and would effortlessly restrict the power associated with City to attract diverse forms of company,» your order states. Even though the Planning Committee passed it unanimously, it nevertheless must get prior to the full Council.

«Let’s pause to check out the way we want these areas to operate together,» Stamps stated. » just just just What do we wish them to check like?»

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