By Jolanda Waskito

Contritniing Writer

THE Bank of Montreal is
moving out of Lower
Lonsdale and an “appalled”
North
Vancouver
City council
is asking
that the
bank manag-
er atiend a city hall meeting
to explain why.

“Pin cery percurbed,
Jo Dean said.

“The residents no longer have a
bank in Lower Lonsdale. We should
get the bank manager to come betore
us... toexplain this radical move.”

Other councillors agreed.

~The Bank of Memntreal is extreme-
Iv short-sighted.” Coun. Barbara
Perrault said. “What kind of long-term
planning is this? Perhaps a credit union
will fill is this void.”

“Coun. Stella

north vancouver
City Council

OSure anger

the
Pats
2 wt wthdomes
ite DAth Street dial bansdale utter
resident Prorat © uetig wre the eats
wo ferter

“Wher the Reeal and the
CHB niened arn
senior Gives moved ther
Awcaunts tac tae tank oF
Monreal as didi many ot
the businesses in the area”
Currie wrote

“To move qust as the
Lower Lonsdaic areas comune, te hte
and beng developed ts handh what
one woukl expect”

He suggested thar couned
its displeasure” by making a mation
“tothe effect that uone of these banks
will be given permissien to reopen ii
this area when the Lower Lonsdale
area is developed.”

Most councillors felt it unfair to
discriminate against the
Montreal when two other large banks
had already moved to Upper Lonsdale.
but one councillor tried

Bank
out,

“show

Rank oof

pwn
farther

tare other
Bers te take
ae thot)

What can wee thee
ser then
were hack foo imake 4
prone” Conn febs
Brathwaite asked

hE supperp Ene
mrotiok but another
acbon inst be rake nn”

Mensbers at cotit
wii Were not sure what
action they
jegally take
denving the bank a
busmess teense nd
decided te ask start it
Carrte’s comment net to ailaw banks
to reupen i the area awainis possible.

Council was sure af one thing, 1
dishked the attitude of auger banks.

“Ethink these banks make tremien:
dous, tremendous protits and have ne
conscience,” Dean said.

“A fot of people don't have a bank
card or don’t have money but need to

shank daast

;
sont

such as

COUN. Stella Jo Dean... ot
bank manager needs to
explain this radical move.

Friday, October 31.

hasg fe gi thea
cheques 7

What sims ite
ws othe hares.
banks reward
fot profi satheut ann
tepard tor resides ma”
Coun Diy
Muassatte said

“Po find these
hhatks absuluredy
appaating.”
Barbara Sharp said
“Phov ake mliions
dollars and thes
sav they are customer
service conemteds. ft
shouid atleast have a
smaller bank at that Jocation.”

On a chfferent issue, coundl voted
3 2 te “hmit the size of a Gnancial
institution ow the ground floor” of a
proposed development at 1400-1434
Lonsdale Ave.

The motion also includes that the
details of a development variance per-
mit be discussed ata public mecting.

Tet

SOLS

Cents

1997 - North Shore News - 14

A pipe bomb destroved a
Canada Post mailbox on
Wednesday in Deep Cove
outside a corner store in
the 1200-block of
Harris Place.

North Vancouver
REMP Const. Mare
Sylvestre said) the mail
box was blown open in
the 7 pum. explosion.

Three hours before,
wo pipe bombs went of f
near the government
wharf in the 2000-block
of Banbury Road, also in
Deep Cove. The
Banbury pipe bombs
caused no damage.

The North Vancouver
RCMP continue to
investigate.

— Anna Marie
D’Angelo

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