Talladega city manager Brian Muenger said he contacted the property owner and determined that “a building permit was issued to the property owner on Sept. 5, 2013, four days before the council adopted the moratorium. In advance of issuing the permit and signing the lease agreement, the tenant had also confirmed the zoning designation with the city. In short, the business, which is currently located in the Griffin’s shopping center, had already begun the process of relocating prior to the passage of the ordinance (moratorium). Their lease agreement was executed in August, after their initial zoning enquiries, so I consider this particular matter outside the scope of the ordinance.”
When the moratorium was introduced to the Talladega City Council, Muenger pointed out that there were eight payday lenders located within half a mile of each other on East Battle Street. The 180 day moratorium was designed to give the council an opportunity to “review this matter in detail, as it relates to the full review of the available data on the subject, as well as to explore the current zoning and land use code as it relates to the subject.” It does not apply to any existing businesses.
Payday lenders generally have been a subject of controversy for allegedly charging high interest rates to people who are already in difficult financial situations. Such businesses have been outlawed in at least 13 other states.
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