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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br /> MINUTE ORDER NO. 2012 -026 <br /> SUBJECT: Review and Approval of Letter of Intent from City of San Leandro to San <br /> Leandro Unified School District (SLUSD) Related to a Loan from the City <br /> to the District to Finance the District's Purchase of Property in the City of <br /> San Leandro (proposes a loan to SLUSD of $1.5 million from General <br /> Fund Reserves) <br /> MEETING DATE: July 16, 2012 <br /> ACTION: The City Council approved Letter of Intent (LOI) from City of San <br /> Leandro to San Leandro Unified School District for City loan to <br /> finance District purchase of property in the City of San Leandro; and <br /> directed the City Manager to commence negotiations of the LOI's <br /> terms and intentions with the San Leandro Unified School District. <br /> VOTE: M /S /C Prola and Reed. Ayes: 7; Noes: 0 <br /> MARIAN HANDA <br /> City Clerk <br />