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Show The National Enterprise, August 24, 1977 Page two City approves rezoning for bank The City commission last week tentatively approved re-zoni- ng of the northwest corner of 13th South and Foothill Blvd. to allow the building of a bank, despite objections from area residents and against the recommendation of the Planning and Zoning Commission. The decision, changing the zoning for the lot from to residential R-- 2 and business paves the way for First Security Co. to build a branch bank with drive-i- n facilities on the corner, if the company can convince the Board of Adjustments to grant a variance regarding open space requirements north of the site. The zone change is contingent on that approval. In exchange for the rezoning action, the bank has agreed to dedicate a ten foot R-2- A B-- 3, strip of land along Foothill Blvd. to the state for use as a right turn lane. Over 230 residents signed petitions objecting to the proposed zone change. They included members of three groups of homeowners: the St. Mary Hills Association, another group living on Laird Way (about a half block from the site), and a group living west of Foothill Village. The residents complaints included objections to intensified traffic congestion, with a concomitant reduction in property values, and the encroachment of business into a residential area, which might invite future attempts to change zoning. The city commission itself denied the zone change request from First Security last June. The commissions reasons at that time were, as enumerated by Finance Commissioner Jennings Phillips: it would constitute spot with in accordance not zoning a comprehensive plan; it would break a residential block and cause housing demolition; it would include an impermissible use of open space on the north side; it would add to strip zoning along Foothill; it would add to traffic congestion; and the property would have to be narrowed to provide the extra lane on Foothill. But three commissioners, including Phillips, changed their minds last week after receiving a traffic study from Wayne T. Van Wagoner Associates, a privThe ate consulting firm. report stated the new lane provided by the bank would alleviate the traffic problem in the intersection and provide better access to 21st East. Commissioner Jess Agraz provided the lone dissenting vote on the issue. Mayor Ted Wilson was not present. A First Security . Draper Bank & Trust has applied for permission to establish a branch at 90th South and 7th East. According to Draper president D.C. Bluth, over 70 percent of current customers are located outside a three-mil- e radius of the two existing offices in Draper and West The new branch Jordan. would be a convenience for those customers. Bluth said he expected about 2,500 of the 19,000 accounts (both savings and checking) the bank now has will be switched to the new branch. An additional 700 to 1,000 new accounts are expected in the first year. Plans call for 1,800 sq. ft. of space in the new branch to be built at an approximate cost of $115,000 to $125,000 "at todays prices, Bluth said. The bank is still negotiating for land. spokes- person said the new site was being sought because the bank had been unable to facilities in obtain drive-u- p Foothill Village where it now has a branch. The bank has an option on the property which it will exercise once all necessary approvals are obtained. Permission must also be sought from the State Dept, of Financial Institutions. Lease a Dave Strong Porsche or Audi for good mileage. Drive either for extreme comfort. You don't have to be told that leasing is good business, but sometimes it is good to be reminded that you don't have to sacrifice comfort in the name of conservation and economy. Luxury is built into each Porsche and Audi. Dave Strong adds the convenience of sales, service leasing and turnbacks in one location. And you lease from people who are interested in you for the whole term of the lease. Bank News The consumer price index (CPI) rose a seasonally adjusted .4 percent in July, according to the Labor Department. The increase comes to an annual rate of 4.8 percent, and is the smallest increase since last December. Total weekly retail sales for the nation rose .7 percent in the week before last, according to the Commerce Department. The latest weeks increase follows a decrease of 2.2 percent reported in the week before. of two levels with a total of about 5,500 sq. ft. Hunsaker guessed the land and construction would cost approximately $250,000. The land has not yet been purchased. City. The possibilities of growth in that area are pracsaid D. tically unlimited, Wayne Hunsaker, the banks He senior vice-preside- nt. noted residential building there, a new hospital and planned medical clinic, and a shopping projected will which a include complex Grand Central store. The bank would also be near a freeway access and could serve customers from a number of neighboring cities including Mantua, Willard and Tremonton, Hunsaker said. 16-ac- re The proposed branch would be the bank's first main office in Brigham City and would probably be comprised in the vicinity Village. Although Tracy-Collin- Village, lack drive-u- p Continental, supposedly draws accounts mostly from the Sugarhouse area. Each Foothill bank now serves about 8,655 PARTS S)fiiIIil!53E0HgES5 LEASING cus- tomers, according to the application. With the proposed branch, that number would drop to 6,924, still above the county average of 4,300. The application also pointed out Foothill Village is an important drawing factor since it has annual sales of over $15 million. Etli(5) SERVICE facili- ties and are in a shopping center with a frequently congested parking lot. A third, Lease a Dave Strong Porsche or Audi. It's the comfortable way to go. SALES other ce (Stoiinte 531-990- 0 four vice-preside- nt wD(SOSSISSB 1045 South State Street PHONE (801) of Foothill banks already operate in the area, Tracy-Collin- s and branch administrator Michael Giles said the area is growing and people are constantly moving in and out of it. Land for the proposed branch has not been acquired yet and designs havent been drawn, but Giles said the banks branches are usually 3,300 to 3,500 sq. ft. The application calls for a bank with drive-u- p facilities, bankside parking and an automated teller machine which functions 24 hours a day unless broken. s It will be the first branch on the east bench. The application stated two of the nearby banks, Walker and First Security, which are located in the DistmrtiveJJortraiture DAVE STRONG PORSCHE AUDI & Trust Co. has asked permission to establish a branch full-servi- Box Elder County Bank is seeking permission to establish a branch in the vicinity of 1400 South Highway 89 in Perry, just south of Brigham Bank Tracy-Collin- s |