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assuming the Commission adopted this amendment, if a bank that would like to build <br />and operate where the Union Jack Pub used to be, which has been a vacant property <br />for so long, be an example of bringing in vitality to the Downtown, and if this is what staff <br />envisions as promoting and bringing in vitality. <br />Commissioner O'Connor stated that he thinks it would be up to the Commission to <br />determine if this was bringing in vitality. <br />Chair Pentin stated that he is reading it differently, with the consideration being whether <br />a proposed financial institution would not add to vitality and pedestrian interest. <br />Commissioner Narum continued that, turning Chair Pentin's statement around, in this <br />particular case, which is obviously not a space where people would like to run a <br />restaurant, a bank could be said that it would add to vitality in the Downtown. <br />Mr. Dolan stated that this is an interesting situation which staff did not really think of. He <br />explained that staff put this together over a relatively short period of time in response to <br />a specific concern. He indicated that, in terms of the change, staff was so definitive <br />about never having a financial institution on a corner and never more than one a block, <br />that staff thought there may be circumstances, and Commissioner Narum's example <br />may be one of those, where the Commission may want the flexibility; therefore, staff put <br />in place the criteria for consideration that would give the Commission plenty of reason to <br />not approve financial institutions at specific locations, but would also give the <br />Commission the opportunity to approve them if the circumstances were right. <br />Commissioner Narum inquired if staff had another example where they think discretion <br />would come into play. <br />Mr. Dolan replied that he did not know if he can anticipate one example. He continued <br />that it would leave the Commission's options open if, for instance, in the evolution of the <br />bank business, a financial institution came in and would provide some service that does <br />not now exist and is not known of, but for some reason was necessary. <br />Commissioner Narum noted that staff is looking at it differently than she is, and it is <br />probably a good thing as it provides even more wiggle room. She added that at this <br />point, she would be in favor of somebody coming in and filling that hole on Main Street, <br />even if it were a bank or a financial institution, so the hole would go away. <br />Chair Pentin stated that what he sees most in the changes, if taken as Commissioner <br />Narum has mentioned, is taking "shall" out and using "discouraged" instead. He <br />presented another scenario, that of the shopping center where Vic's Restaurant is <br />located, with buildings in the parking lot at the back, and inquired if those buildings <br />would be precluded from a savings and loan or credit union. He pointed out that the <br />strip mall is not on Main Street, but the property is. <br />PLANNING COMMISSION MINUTES. February 22, 2012 Page 4 of 7 <br />