Editor's Note — As per ord. no. 1232 §§1 — 2, adopted April 6, 2007, the governing body hereby establishes a temporary moratorium of 365 days from the adoption of said ordinance on new permits for so-called "payday loan" or "title loan" establishments. No application for a permit to operate a "payday loan" and "title loan" establishment within the city shall be accepted, processed and/or considered until the expiration of the temporary moratorium period. The intent of this moratorium is to ensure the preservation and enhancement of the community's public health, safety and welfare.