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. . Minutes - City of San Leandro City Council and San Lcandro Redevelopment Agency Joint Meeting - November 5,2001 Pagc 13 City Council discussion cnsued regarding aspccts of the proposed exemptions. Thc Mayor suggcsted the Council push the sunset clause to June 2005 and suggested making the ordinance prospective rather than retroactive. In response to a question from Vice Mayor Glaze, the City Manager indicated that he had met with the Realtors and talkcd with them about possible exelnptions along with what the City would be wi\1ing to look at. He stressed he did not commit the City to any specific proposal. City Council discussion ensued regarding a memorandum from the City Altomey's Office dated July 7, 2000. Council Members discussed various options for exemptions and a majority suppo11ed the following to be included in the ordinance: . that there be an exemption for first-time homebuyers who sign certi fication and can show last three years of tax records without home ownership claim; . that there be an exemption for low income homebuyers, as defined by the City's current program; . that there be an exemption for sellers of a single Ilunily residence in San Leandro who purchase another single family residence in San Leandro within 180 days (rebate applies to tax paid in the purchasing transaction); . that there be an exemption for owners of properties which are seismically upgraded within one year of purchase (up to the amount of the tax); . that the tax rebate be established at 100% of the RPT tax; and that the program be adopted with a sunset clause of no earlier than ./une 30, 2005; and . that exemptions as proposed by staff regarding inheritances and charitable contributions also be included. The City Council, by consensus, directed staff to bring back an Urgency Ordinance for consideration at the November 19, 2001 City Council Meeting that would incorporate the modifications agreed upon during discussion. No Vote. H. Ordinance No. 2001-021, An Ordinance Approving Amendment NO.1 to the Plaza Redevelopment Plan to Accommodate Certain Land-Use Policy Changes Recommended in the Central San Leandro/BART Area Revitalization Strategy. (2888) M/S/C Loeffler and Santos. Ayes: 6; Noes: Glaze