Denton-Record Chronicle: Pilot Point aims to outflank payday lenders
May 22, 2014
With new zoning rules for payday and title lenders, Pilot Point this week became the 10th Texas city to enact land-use regulations as a way to rein in predatory lending.
The ordinance was the last major piece of city business for outgoing Mayor Pete Hollar, who presided over the vote Monday night before handing the gavel to Shea Dane Patterson, who ran unopposed in the May 10 election.
Hollar told the crowd in the council chambers — many were there to see Patterson and two new council members sworn in — that the city had been working on the measure for some time.
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