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q~~~s"N~~y CITY of PLEASANTON <br />~~ ~~%. <br />.~ <br />`~~~° Planning Commission <br />~NM^0 S <br />MINUTES ~OF REGULAR MEETING. <br />Dafie : October 17, 1972 <br />Time : 8:22 P.M. <br />PIaCe; Pleasanton Justice Court <br />r. Frank stated that Pleasanton is <br />n important location point for them. <br />his request made by Citizens is the <br />my branch granted for a savings and <br />oan institution during 1971. He <br />eiterated that the Savings and Loan <br />ommissioner would not allow them to <br />ocate in the C.B.D. because of two <br />easons: (1) undue injury. (2) <br />tate Commissioner has to assure pub l: <br />onvenience and advantage has to be <br />erved, and this will not happen with <br />wo savings and loan offices downtown <br />e felt the advantages of them in town <br />ould be (1) because of their size, <br />hey are always in the loan market. <br />resident of this City, Mr. Foster, <br />ill be Manager of the office. The <br />nterest rates with two savings and <br />oan institutions in town would be <br />over due to competition. They will <br />e available for industrial develop- <br />ent, commercial mortgage loans. HomE <br />mprovement loans. In addition, they <br />ffer free income tax preparation and <br />enior citizens tax refund. <br />He stated that Citizens will attempt <br />to become part of the community in wh c <br />they are hoping to locate. He indica e <br />also that Citizens are prepared to <br />contribute to a study of the downtown <br />and if the C.B.D. does become dynamic <br />they would be happy to go there. Thi , <br />however, will not happen at this time <br />lso present for Citizens was Mr. Ral <br />urke, in charge of application pre- <br />aration for branch offices. <br />d <br />Mr. Joe Schwab representing Franklin <br />Savings & Loan spoke next. He stress d <br />two points <br />-1V- <br />