i do see there is possibly the presenter from the have supervisor mar s office never really got a satisfactory answer to that. it s possible there is a little bit of a difference between banks and other institutions that are the target of the formula retail legislation. i don t feel convinced that it will convince the banks ability to compete, to be honest. i think if we are concerned about foreign banks not being limited to this and local or national banks being subjected to it, then i think we could recommend that that situation and that imbalance be addressed. i m sure there is a way we can get around that. i just the fair play part of me says why are banks given exceptions? probably the banks that are going to be hit by this more than any are really thriving right now. they have resources up the ying-yang. not that there is anything wrong with that and that s a reason to go after somebody, but everybody else has to deal with the c.u. process, so the only thing that i
legislation would hope to provide an incentive for businesses to take advantage of the fee waiver and replace their existing awnings. that may be in poor condition. and so fee waivers, they actually would affect the planning department and d.b.i., so depending on the type of work that you re doing, the permit fees can vary. just a very basic level, i think awning replacement might entail a $500 permit fee. so for a small business, we think that may be a huge help. if you re doing more than that, the fee can range up to $1,000 or month. so the difference is if you just simply replace the awning canopy, that s one permit fee. if you re replacing the structure that s attached to a building, that s an additional fee. if you have wording on your awning, that s another additional fee. so this really adds up and again we just hope that it would be a huge help for businesses. the second fee waiver would, has to do with electrical permit waiver. so what we were trying to do is encoura
several businesses to change up the storefronts. we have do it in consecutive blocks. it s really made a huge difference, but obviously we don t have the resources to continue doing that, so this legislation would hope to provide an incentive for businesses to take advantage of the fee waiver and replace their existing awnings. that may be in poor condition. and so fee waivers, they actually would affect the planning department and d.b.i., so depending on the type of work that you re doing, the permit fees can vary. just a very basic level, i think awning replacement might entail a $500 permit fee. so for a small business, we think that may be a huge help. if you re doing more than that, the fee can range up to $1,000 or month. so the difference is if you just simply replace the awning canopy, that s one permit fee. if you re replacing the structure that s attached to a building, that s an additional fee. if you have wording on your awning, that s another additional fee. so t
financial institutions, even credit unions which fall under the criteria of having 10 or more or more than 10 locations. and so the impact will be less competition and less access and there are a lot of areas in the city that already aren t adequately served. vice president o brien: ok. thank you. any other public comments on this item? seeing none, public comment is closed. commissioner dwight? commissioner dwight: it seems to me the argument objectionable sign inches is an oversimplification. i would think the objection would be we know banks are highly competitive and they have deep pockets, and if they choose if one bank chooses to set up in a neighborhood, it s likely to attract other competitors and thereby taking over limited retail space in these smaller neighborhoods and driving up rents, so i think there are some consequences that perhaps haven t been put together before the commission today, in support of this sort of thing. i m just saying i think that we should
so depending on the type of work that you re doing, the permit fees can vary. just a very basic level, i think awning replacement might entail a $500 permit fee. so for a small business, we think that may be a huge help. if you re doing more than that, the fee can range up to $1,000 or month. so the difference is if you just simply replace the awning canopy, that s one permit fee. if you re replacing the structure that s attached to a building, that s an additional fee. if you have wording on your awning, that s another additional fee. so this really adds up and again we just hope that it would be a huge help for businesses. the second fee waiver would, has to do with electrical permit waiver. so what we were trying to do is encourage businesses to install lighting on their storefronts for pedestrian-level lighting. so this would help to encourage pedestrian safety on the streets and sidewalks. this would just be a permit fee waiver through the department of building inspecti