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347 Variance Dr. Jerome J. K~ueger (refer to Minutes 3-4-57) Variance John T. and Lula G. Allison Rotation plan of City funds Communication was read from Attorney John D. Cochran on behalf of Dr. Jerome J. Krueger for permission to change the shape of the medical office building to be constructed at the southwest corner of Flower Street and Washington Avenue, in order to provide for additional off street parking facilities; Variance No. 866 having been granted by Resolution 57-38. On motion of Councilman Markel, seconded by Hubbard and carried, the request to amend Variance of Dr. Krueger was granted to change the shape of the buildi~ and construction approved according to the plot plan submitted. Communication was read from the Planning Commission recommending denial of variance application of John T. and Lula G. Allison to permit construction of a garage-duple~ (consisting of four garages with a one-bedroom duplex over them) on rear part of lot situated at lll4 South Birch Street, in an R-1 District. Paul Eby, lll5 South Ross Street, objected to the variance stating the area is a very desirable District and should so remain; the construction of the garage-duplex would materially downgrade the area and there would be three residences on the lot with one ingress and egress to the garages. On motion of Councilman Hubbard, seconded by Markel and carried, the recommendation of the Commission was approved and the variance denied. Communication was read from California Bank approving the rotation of the "General Fund" of the City of Santa Ana to the three banks mentioned: First two years, California Bank, next two years, Security-First National Bank of Los Angeles and the next two years, Bank of ~merica. On motion of Councilman Hubbard, seconded by Gould and carried, the communication was received and filed. It was moved by Councilman Hubbard and seconded by Gould, that effective January l, 1958, the demand account of the City of Santa Aha now on deposit with the First Western Bank be rotated among the four banks of the City for two-year intervals and that said banks shall have such accounts according to the following priority; the California Bank, Santa Ana Branch, shall have the account from January l~ 1958 through Decembe~ 31, 1959; the Security First National Bank of Los Angeles for the next two years an~ the Bank of America, National Trust and Savings Association, Santa Ana Branch, for the following two years. After completion of the third two-year period~ the fund shall be deposited with the First Western Bank for two years and thereafter rotation in said order shall be continued until further order of the Council. Merle Boyle Vice-President of First Western Bank, stated the Bank had not been notified in re- gard to this matter and was not in accord with the rotation plan. The Gity accoun have been handled for many years and felt that good service had been rendered. Councilman Hall stated the rotation plan would involve an expenditure of approx- imately $383.00 in the purchase of necessary forms, checks~ etc. and did not feel the City funds should be distributed to the various banks. Counc~lm~n Gould amended the motion, seconded by Hubbard and carried, that no such rotation shall be made to any bank which does not have on deposit "time deposit" bearing same interest rates as offered by other banks or is willing to accept time deposits at the same rate offered by the other banks provided for in the rotation plan. Roll Call Ayes, Councilmen Royal E. Hubbard, Stanley C. Gould, Jr. Dale H. Heinly Noes~ Councilmen A.A.Hall, J. Ogden Markel Absent, Councilmen None Motion carried.