City Council

12E. CITY COUNCIL INITIATED ITEM — DISCUSSION REGARDING UPDATING /\nCREATING RULES AND REGULATIONS PERTAINING TO PAYDAY LENDER\nBUSINESSES WITHIN THE CITY\nAt the April 25, 2023, City Council meeting, Council Member Torres requested that this\nitem be agendized for discussion. Council Member Torres is requesting to discuss the\nfeasibility of updating / creating rules and regulations pertaining to payday lender\nbusinesses within the City to include items such as:\n• Impose operating hours restrictions.\n• Implement distancing requirements.\n• Implement limitations on the number of permitted payday lender business within\nCity limits.\nRECOMMENDED ACTION:\nCity Council provide direction to staff.