“Deferred presentment company" means a business that makes transactions pursuant to a written agreement in which the licensee holds a person's check for at least five calendar days before presentment for payment or deposit. This service is commonly known as payday loans. Deferred presentment companies are principally permitted in business zones, subject to the following conditions:
A. Deferred presentment companies shall not be located within thirteen hundred and twenty (1,320) feet of another deferred presentment company. This distance shall be measured by a straight line, in any direction, from the outside building wall of a proposed deferred presentment company to the location of the nearest outside building wall of the existing deferred presentment company, without regard to any intervening uses.
B. These requirements shall also apply to deferred presentment companies which are ancillary to another existing or permitted use.
C. The minimum separation required for the above uses shall apply regardless of whether the other use is located within the incorporated area of the city of Casa Grande or another jurisdiction.
(Ord. 1397.17.35 § 1, 2009)