ORDINANCE NO. 080327

Amending Chapter 80, Code of Ordinances, by repealing subsection 80-20(94), which is part of the Definitions section, and enacting a new section that changes the definition of short-term loan establishment. (254-S-253)

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That Chapter 80, Code of Ordinances of the City of Kansas City, Missouri, is hereby amended by repealing subsection 80-20(94), which is part of the Definitions section, and enacting a new Section 80-20(94), to read as follows:

Sec. 80-20. Definitions.

(94) Short-term loan establishment means a business engaged in providing short-term loans to members of the general public and which is not a bank, savings and loan association, or other financial institution as defined in this chapter. Short-term loan establishments shall include businesses offering payday loans, signature loans, small loans, consumer installment loans and other similar loans, but the term does not include pawnshops or title loan establishments. Short-term lending is a principle use of property.

Section 2. That the Council finds and declares that before taking any action on the proposed amendment hereinabove, all public notices and hearings required by the Zoning Ordinance have been given and had.

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I hereby certify that as required by Chapter 80, Code of Ordinances, the foregoing ordinance was duly advertised and public hearings were held.

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Secretary, City Plan Commission

Approved as to form and legality:

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M. Margaret Sheahan Moran

Assistant City Attorney