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5 SECTIONS 34-61, 34-62, 34-64 AND 34-1200 OF CHAPTER 34 (ZONING) OF THE CODE OF THE CITY OF CHARLOTTESVILLE RELATING TO CONDITIONAL ZONING” (carried over) RESOLUTION : SUPPORTING STATE LEGISLATION TO PREVENT EXPLOITATIVE PAYDAY LENDING PRACTICES Mr. Craig Brown, City Attorney, explained that the resolution requests that the Governor and State Legislators enact laws to prevent exploitative loans. On motion by Mr. Lynch, seconded by Mr. Taliaferro, Council approved the resolution supporting state legislation to prevent exploitative payday lending practices by the following vote. Ayes: Dr. Brown, Ms. Hamilton, Mr. Lynch, Mr. Norris, Mr. Taliaferro. Noes: None. WHEREAS , the Council of the City of Charlottesville, Virginia, represents the citizens of the City of Charlottesville, Virginia; WHEREAS , the Council of the City of Charlottesville, Virginia, senses from the citizens of the City of Charlottesville significant concern over what are perceived to be some exploitative payday lending practices in the City of Charlottesville and elsewhere in the Commonwealth, including practices which may exploit dedicated, brave women and men who are called for deployment as part of the armed forces of our Nation both in the United States and various parts of the world in the cause of freedom and security of our Nation; WHEREAS , the Council of the City of Charlottesville, Virginia, shares these same significant concerns and wishes to express the collective sentiments of the People of the City of Charlottesville, Virginia, that the General Assembly and Governor of Virginia, ought to take action to prevent further exploitative payday lending practices; and WHEREAS , it is vital that the General Assembly and the Governor of Virginia give their earnest attention to these matters at the next regular session of the General Assembly and enact laws that will prevent further exploitative payday lending practices. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Charlottesville, Virginia, that the General Assembly and the Governor of the Commonwealth of Virginia are requested to take action in connection with the next regular session of the General Assembly of Virginia to enact laws that will prevent further exploitative payday lending practices, including but not limited to: 1. Enactment of an annual interest rate cap of 36% for any consumer loans made in the Commonwealth of Virginia; 2. Prohibition of the use of a personal check or other method by a creditor to gain access to a consumer’s bank account or method to gain title to a consumer’s motor vehicle as collateral for a payday loan; and 3. Enactment of supplementary and complementary provisions which mirror the provisions of what is commonly referred to as the Talent-Nelson Amendment (Senate Amendment 4331), entitled “Terms of Consumer Credit Extended To Service Member’s Dependent” and referenced on page S6352 of the June 22, 2006 Congressional Record-- Senate, a copy of which is annexed to and incorporated by reference in this Resolution. PUBLIC HEARING/ORDINANCE : LEASE OF LAND AT McINTIRE PARK TO YMCA FOR RECREATIONAL FACILITY Mr. O’Connell said that a formal bid was received prior to the last meeting from the YMCA for the lease of land at McIntire Park. He said a series of public meetings has been held. He said that the public hearing was continued over to this meeting.