City's Ready to Part, Properly, With Its Surplus Property. And: Look Out, Payday Lenders.

Keep Dallas Observer Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Dallas and help keep the future of Dallas Observer free.

We've long wondered, including just last month, why the city can't (won't?) unload its old libraries and other so-called surplus properties, and time after time City Manager Mary Suhm has said: The market's just not right. But in just a few minutes, the council's Budget, Finance, and Audit Committee will be told: We've decided to auction off the surplus properties, using Hudson & Marshall auctioneers (or, the other H&M), the very same company that helps sell off Houston's surplus properties.

This morning's briefing is particularly interesting for those Friends of Unfair Park who've asked to see a list of excess properties: The briefing contains 22 initial properties to be offered at auction -- including two downtown parking lots (on Corbin, near the West End, and on Commerce, adjacent to our old office), two former library branches (Walnut Hill and Pleasant Grove) and the old animal shelter on Forney. Me, I've always had my eye on that slice of Greenville Avenue you see up above. It'd make a great spot for a payday lender.

Oh, and speaking of...the BFA committee will also get its first look at City Attorney Tom Perkins's freshly minted ordinance regulating payday lenders. There's nothing in there about where they can do business, as previously hinted at, only how and how often. As in: "The cash advanced for a pay day loan may not exceed 20 percent of the consumer's gross monthly income." And: "An extension of consumer credit may not be payable in more than four installments."

Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.


Join the Observer community and help support independent local journalism in Dallas.


Join the Observer community and help support independent local journalism in Dallas.