Payday loan businesses not welcome in De Soto
Although the city would very much like to expand its commercial tax base, the De Soto City Council is preparing to put up a not welcome sign to one class of businesses.
The council will consider an ordinance Thursday that attempts to prevent payday loan title loan companies from locating in De Soto. If it passes, it would be the second class of business the city has attempted to restrict from operating in the city. In 2000, the council approved an ordinance with a set of regulations meant to discourage adult entertainment businesses from locating in De Soto.
The latest ordinance owes its place on the agenda to Councilman Ted Morse, who first brought up the issue at a May council meeting. He asked that the council look into ways to prevent them from opening in De Soto.
Morse said the businesses only preyed on customers. He was also concerned with the pattern in other cities.
"Once one opens, it seems a lot more follow," he said.
When other council members agreed, City Attorney Patrick Reavey was asked to draw up an ordinance restricting payday and title loan businesses.
The ordinance Reavey wrote would prevent such businesses from locating within 200 feet of a residential area, which he indicated would substantially restrict where the business could locate.
Also on Thursday's agenda, Doug Pickert will return with designs for Kaw River Front Park he has updated since meeting with the council last month. His goal is to ensure the council approves of the direction the designs are headed as he starts to work on a final plan due in September.