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Minutes - San Leandro City Council Meeting - May 21, 1990 Page - 3 - MISCELLANEOUS: a. Matter of Appeal of Alta Mira Club (ZA-90-1) . - Motion (to consider whether to set a date for a Public Hearing on the Appeal ) . Mayor Karp noted that this Appeal had been tabled. He said the City Attorney's Office had advised that the matter must be taken up within 90 days from the original Appeal Hearing or the Appeal would be deemed abandoned. Steve Meyers, City Attorney, said the City Council could set a Public Hearing, to take place prior to or after the expiration of the 90-day period. On motion of Council Member Santos, . seconded by Council Member Polvorosa, with Council Member Corbett abstaining, staff was directed to set a Public Nearing for the regular City Council meeting occurring 180 days from the March 26, 1990, Appeal Application date. b. Matter of Carnival Application, St. Leander's School (proposed Carnival July 6, 7, and 8, 1990) . City Manager Dick Randall referred to the staff report in the City Council 's Agenda. He said that, if the City Council so directed, staff would work with St. Leander's, the Applicant, to come to agreement on conditions required by the City prior to operation of the Carnival . Mark Adcock, Assistant to the City Manager, indicated that he had held discussions with Louise Lovewell , representing St. Leander's, and felt that all required conditions could be met. On motion of Council Member Corbett, seconded by Council Member Glaze and carried unanimously, the City Council approved the Carnival Application based upon the Applicant's ability to meet conditions developed by staff prior to the beginning of the Carnival . c. Matter of Report from Livermore-San Leandro Home Financing Authority on Distribution of Surplus Funds and Termination of Authority Activities. John Jermanis, Treasurer and Auditor for the Authority, described the purpose of the Authority. He said it had been formed eight years ago for the purpose of issuing mortgage revenue bonds to finance housing. He said 87 homes were financed, but when the interest rates for conventional loans dropped, people returned to banks to take out mortgages. He said all loans have been paid and the bonds have been called in and redeemed. He noted that, at their May 8, 1990, meeting, the Authority concluded their activities and requested the City Council approve the distribution of surplus funds and termination of Authority activities. On motion of Council Member Santos, seconded by Council Member Perry and carried unanimously, the City Council approved the distribution of surplus funds and termination of Authority activities.