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COR-21-001 - Housekeeping Amendments to Payday Loan Establishments Schedule
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COR-21-001 - Housekeeping Amendments to Payday Loan Establishments Schedule
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1/29/2021 9:34:26 AM
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Reports
Department Name
Corporate Services
Date of Report
12/15/2020
Date of Meeting
2/8/2021
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CIS Agenda - 2021-02-08
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\Public Access Folders\Agendas\Standing Committees - 02-01-243\Comm & Infra Serv\2021
CIS Minutes - 2021-02-08
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Path:
\Public Access Folders\Minutes\Standing Committees - 02-01-241\Comm & Infra Serv (Dec 2010-Pres)\2021
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REPORT TO: Community & InfrastructureServices Committee <br />DATE OF MEETING:February 8, 2021 <br />SUBMITTED BY: Christine Tarling,Director, Legislated Services & City Clerk,519-741- <br />2200 ext. 7809 <br />PREPARED BY:Helen Fylactou,Manager, Licensing,519-741-2200 ext. 7854 <br />WARD (S) INVOLVED:ALL <br />DATE OF REPORT:December 15, 2020 <br />REPORT NO.: COR-21-001 <br />SUBJECT: HousekeepingAmendments to Payday Loan Establishments Schedule <br />___________________________________________________________________________ <br />RECOMMENDATION: <br />ThatSchedule 17.1 of the Business Licensing By-law 2017-139, be amendedto update <br />the list of recognizedaddresseswithinthe Payday Loan EstablishmentSchedule <br />(Schedule 17.1), as attached as Appendix ‘A’ to and outlined in Corporate Servicesreport <br />COR-21-001; <br />BACKGROUND: <br />On June 24, 2019,Council approved amendments to the Business Licensing By-law to include <br />aPayday Loan Establishment schedule.The schedule regulates the location and the number of <br />payday loan establishments. The maximum numberof establishmentspermitted is 10 citywide. <br />At the time the By-law was approved, there were 18 licensed payday loan establishments <br />operating in Kitchener. These existing establishment are permitted to remain in operation as <br />long as each one applied under the new approved schedule, continues to operate as a Payday <br />Loan Establishment, annually renews the licence, does not move locations, and continues to be <br />in compliance. <br />REPORT: <br />Staff is recommending that the Payday Loan Schedulebe amended to include one additional <br />address of a Payday Loan Establishment that is operating at 324 Highland Road West. The <br />application for this location was not included on the original Schedule as it was submitted <br />between the time that Council received the report andthe time thatBy-law cameinto effect. The <br />Payday Loan Establishment has met all the conditions of the by-law, including the submission <br />of an application under the new schedule. <br />In addition to including the new address, Staff are recommendingthatanylocations no longer in <br />existence be removed from the Schedule.These locations have closed since the Schedule <br />came into effectand have been confirmed to no longer be in operation. <br />*** This information is available in accessible formats upon request. *** <br />Please call 519-741-2345 or TTY 1-866-969-9994for assistance. <br />4 - 1 <br />
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