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Council introduces amendment to allow banks in more commercial zones; critics warn about downtown vacancy risk
Summary
The council introduced an ordinance to permit banks and credit unions in additional commercial zones (CN, CR, MXD, MXC, MXN), a change staff said will expand site options beyond the downtown MXD district. The first reading was introduced and waived; the motion passed 3-0 with one abstention.
The Hanford City Council on Oct. 21 introduced an amendment to the municipal zoning code that would expand where banks and credit unions are allowed to operate in the city.
Under current rules, staff said, banks’ primary branches were limited largely to the downtown (MXD) district; secondary branches could locate in a small set of other commercial zones. Staff proposed removing the main/secondary distinction and allowing banks and credit unions outright in CN (neighborhood commercial), CR (regional commercial), MXD (mixed downtown), MXC (mixed commercial) and MXN (mixed neighborhood)…
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