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PLANNING COMMISSION CITY OF PLEASANTON ALAMEDA COUNTY, CALIFORNIA RESOLUTION NO. 2881 RESOLUTION RECOMMENDING CITY COUNCIL AMEND RESOLUTION NO. 73-34 AND APPROVE CASE UP-86-54, APPLICATION OF SECURITY PACIFIC NATIONAL BANK FOR A FINANCIAL FACILITY TO BE LOCATED AT 5000 HOPYARD ROAD WHEREAS, Meyer Properties has applied for a conditional use permit to allow for a bank in an existing office building at 5000 Hopyard Road; and WHEREAS, zoning for the property is PUD (Planned Unit Development) Industrial/Commercial and Offices District; and WHEREAS, the regulations of the PUD District in which Meyer Center is located allows for the establishment of banks within the business park but only with the granting of a use permit. Further, the applicant is requesting a clarification, amendment or rescission of the existing City Council policy discouraging the establishment of financial institutions in the City where an existing office is not already established in the downtown core area. City Council Resolution No. 73-34, adopted in 1973, reflects this policy; and WHEREAS, Security Pacific Bank does not now have an existing office in the downtown area; and WHEREAS, at their duly noticed public hearing of December 10, 1986, the Planning Commission made the following findings: A. That the proposed location of the conditional use is in accordance with the objectives of the Municipal Code and the purposes of the district in which the site is located. The PUD District provides for retail and service commercial uses in conjunction with office and light industrial uses. There is an existing bank facility already established in the adjacent office building. The proposed bank should be compatible with this and other uses permitted in the PUD District. B. That the proposed location of the conditional use and the conditions under which it would be operated or maintained will not be detrimental to the public health, safety, or welfare, or materially injurious to the properties or improvements in the vicinity. 1