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6248
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Last modified
12/6/2004 2:48:41 PM
Creation date
11/5/2014 12:22:31 PM
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City Ordinances
Passed
6/5/2000
Ordinance Number
6248
Bill Number
8469
Introdate
5/22/2000
Description
Zoning text amendments in effect prohibiting short term loan establishments
Introduced By
Mayor Adams & Ms. Colquitt
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facilitating the transmission of remittances from one place to another. Credit unions and <br />savings and loans shall also be considered a bank or other financial institution; but check- <br />cashing establishments, pawnshops, short-term loan establishments and title lenders shall <br />not. <br /> <br />Check-cashing establishment: A business establishment engaged in check-cashing <br />operations for a fee, as a primary or substantial element of its business and which is not <br />licensed by the appropriate State or Federal agency as a banking or savings and loan facility. <br />It shall not be considered an office within the meaning in this Chapter. <br /> <br />Pawnbroker: Any person licensed as a pawnbroker pursuant to Chapter 5.60 of the <br />University City Municipal Code. <br /> <br />Pawnshop: The location at which, or premises in which, a pawnbroker regularly conducts <br />business. <br /> <br />Short-term loan establishment: A business establishment, other than a pawnbroker, <br />engaged in providing short-term loans to the public as a primary or substantial element of <br />its business and ~vhich is not licensed by the appropriate State or Federal agency as a banking <br />or savings and loan facility. It includes but is not limited to establishments registered with <br />the director of the division of finance pursuant to Section 408.500 RSMo. It shall not be <br />considered an office within the meaning in this Chapter. <br /> <br />Title lender: An establishment, other than a pawnbroker, engaged in the business of making <br />title loans, including but not limited to establishments qualified to do so pursuant to Sections <br />367.500 to 367.530 RSMo. It shall not be considered an office withing the meaning in this <br />Chapter. <br /> <br /> Section 2. This ordinance shall not be construed so as to relieve any person, firm or <br />corporation from any penalty incurred by the violation of Chapter 34, Section 34-10, nor bar the <br />prosecution of any such violation. <br /> <br /> Section 3. Any person, firm or corporation violating any of the provisions of this <br />ordinance shall, upon conviction thereof, be subject to the penalties provided in Chapter 34, Section <br />34-115 of the Municipal Code of the City of University City. <br /> <br /> Section 4. <br />provided by law. <br /> <br />This ordinance shall take effect and be in force from and after its passage as <br /> <br />PASSED this 5!5 <br /> <br />day of .4'X9~ ,2000. <br /> ///~~day of .4'X <br /> <br /> <br />
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