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Governance: <br /> Pursuant to the City of San Leandro Community Benefit District Ordinance and Section 36600 of <br /> the California Streets and Highway Code, a District Management Corporation or Owners' <br /> Association, will review District budgets and policies annually within the limitations of the <br /> Management District Plan. The Management Corporation will file Annual Reports with the City <br /> of San Leandro (City) and will oversee the day-to-day implementation of services as defined in <br /> the Management District Plan. Section 36614.5 states: <br /> The "Owners'association"means a private nonprofit entity that is under contract with a <br /> city to administer or implement activities and improvements specified in the <br /> management district plan. An owners'association may be an existing nonprofit entity or <br /> a newly formed nonprofit entity. An owners' association is o private entity and may not <br /> be considered a public entity for any purpose, nor may its board members or staff be <br /> considered to be public officials for any purpose." <br /> • <br /> 8 <br />