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Heated debate as Planning Commission backs making banks subject to formula-retail rules
Summary
Supervisor Eric Marr proposed adding financial services (bank branches, credit unions) to San Francisco’s formula-retail rules; the Planning Commission recommended approval without staff’s amendment to remove the catch-all 'sales and service' language after hours of testimony for and against, passing 5–1.
Supervisor Eric Marr introduced legislation to amend the planning code to include financial services — banks, savings and loans, and credit unions meeting certain size/frontage thresholds — within the city’s definition of formula retail. Marr said the change would not ban branches but would require conditional-use review for formula retail financial services in neighborhood commercial districts and other protected corridors.
Planning staff supported the concept but recommended a separate technical…
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