The Austin Borough Council will meet Tuesday, February 3, 2015 at 7:00 p.m. at the Fire Hall on Main Street.
Most certainly, the Agreement presented to the Borough containing a clause restricting the use of the former Northwest Saving Bank building at 21 Turner Street will be discussed.
The Agreement contains the following restriction:
FURTHER, however, it is agreed that neither the said party of the second part nor the heirs, successors or assigns of the party of the second part shall or will erect, or cause or suffer to be erected, or use or cause or suffer to be used on any portion of said premises for any bank, savings and loan, credit union, or any consumer discount company purposes.
Accepting the terms of the Agreement presented to the Borough of Austin will obviously slow our Community's recovery from a disastrous 2014.
I encourage everyone, young and old, to attend this meeting. Costello and Wharton, if you had banked with the Northwest Savings Bank Branch on Turner Street in Austin, you are welcome also.