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Minutes - San Leandro City Council Meeting - January 19, 1993 Page - 14 - PUBLIC HEARINGS (continued) Jeff Abramson, Pacific Union Ventures, 1933 Davis Street, said this project is another great opportunity, such as Magnolia Lane, to do a re-use of a site. He said the area is bordered by houses on one side and industry on the other. He said this project was designed by the same architect and has the same quality of features but different site plans to suit the site. He said, when Magnolia Lane opened in November 1991 in the depths of the depression, people were sleeping in their cars in order to reserve homes. He said these homes will be in the $200,000-250,000 range and are desirable because they are closer in. Council Member Myers said the Planning Commission Report noted some concern with the furniture company adjacent to the property. Mr. Abramson said that, before buying this site, his company met with Umphred Furniture, the adjacent property. He said the sound report pointed out Umphred's had a piece of equipment that might be a problem as regards noise. He said it runs a couple of hours a day. He said Pacific Union has an agreement with Umphred's, giving Pacific Union permission to build an enclosure around the equipment, which will redirect the exhaust, decrease the noise, and improve the appearance of the equipment. Council Member Corbett asked if there would be a disclosure requirement related to the groundwater contamination. Mr. Abramson said they are currently working on such a disclosure statement. He said soil borings were done that went down to the groundwater. He said there are very low trace levels of PCE and PTE. He said some stainings were removed from the site. He said his company is concerned about having adequate disclosure regarding the groundwater and will be talking to the City about how they should go about this matter. He said, in addition, there will be a requirement in the CC&R's stating no wells may be drilled. Council Member Corbett asked the price of the units and if the School District knew about this project. Mr. Abramson said the price would be approximately $240,000. Mr. Penaranda said the Tentative Map had been sent to the District, and they had no comments. Council Member Kerr asked if the Conditions of Approval should require disclosure. Mr. Abramson said both the CC&R's and the purchasing agreement would require disclosure. Steve Meyers said the CC&R's would show up in the event of a title search. Mr. Penaranda read the Negative Declaration requirements for inclusion of statements related to groundwater in the CC&R's. Council Member Perry asked who would be responsible for monitoring the Condition regarding the well . Mr. Abramson said people must have a permit for installation of a well . Mr. Meyers said the City is ultimately responsible for enforcement of the Conditions of Approval for the project.