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Minutes - San Leandro City Council Meeting - August 2, 1993 Page - 4 - PUBLIC COMMENTS (continued) Council Member Corbett noted that Kathy Ornelas has looked into this issue in the past, and there is information regarding the warrants Oakland has investigated. I . Lou Filipovich, 15376 Laverne Drive, spoke regarding New Business, Item B. He said he is from the Oro Loma Sanitary District part of town, and this is one of the items he was going to discuss when Mr. Taylor was here. He said this might be a different issue, but he can't get correct information. He said he receives his information from listening to people, and it's difficult to get information from the Oro Loma Sanitary District. He said people are not happy about what's going on. He said there is a conflict of interest. Mayor Faria said he and Council Member Kerr would not be participating in discussion or action on this matter. 6. NEW BUSINESS Mayor Faria moved New Business, Item C, to this point in the Agenda. C. Motion Authorizing Assumption of Bonded Indebtedness for Parkside Commons by San Leandro Advisors (authorizes transfer of repayment obligation for mortgage revenue demand bonds for 300-unit apartment complex known as Parkside Commons from 700 Market Associates XX to new owner, San Leandro Advisors) . John Jermanis, Finance Director, said the current owners of Parkside Commons Apartments are planning to sell to a new group, San Leandro Advisors. He said the City of San Leandro was involved in 1985 and 1989 in financing the 300-unit apartment complex on 139th Avenue. He said the new owners would like to assume the bonded indebtedness, and they need a motion by the City Council to do so. He said the concerns that have been expressed regarding security have been discussed with the new owners. Council Member Perry said the operation of the gates and the Site Manager activities have been outlined and asked if the City was going to require any follow-up items or Conditions of Approval for this matter. Mr. Jermanis said staff has been relying on the good faith of the owners that they will take these steps. Steve Meyers, City Attorney, said, when this assignment was first proposed, he and John Jermanis discussed with the purchaser the law- enforcement issues. He said they then received the materials, which have been given to the City Council , that represent the assurances that the new owners will control problems. He said he and Mr. Jermanis recommend action based upon those representations. He said City Council options are limited; but, at this time, there is concurrence by the Police Chief, and it is recommended they approve this matter. Morton Friedkin, Friedkin-Becker, representing the purchasers, said