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Minutes - San Leandro City Council Meeting - May 21, 1990 Page - 9 - PUBLIC HEARINGS (continued) : that one required element is the finding of specific benefits and said he felt that had not occurred. Mr. Forbes asked a number of questions related to funding the Assessment District, including City funds, PG&E funds, Pacific Bell and Cable TV. He discussed a staff report written by Bill Rugg and questioned figures in the staff report. He asked why PG&E 1990 and 1991 allocations were not being used in the Assessment District. Vincent Damiani , property owner of 1152 Marina Boulevard, TruckPlan Premium Finance, said he was protesting the Assessment District because he was being assessed for his frontages on both Marina and Wayne. He said his electricity comes off Teagarden. He said he does not completely oppose the underground assessment district but felt everyone in the City participates. He said he felt other corner properties were not being charged for both frontages. Steve Bayley said that under City policy corner lots do pay for both frontages. Mr. Damiani asked questions about the assessment for the General Motors Training Center. Gary Lindstrom, owner of two pieces of property on Alvarado Street, said he felt $110 per linear feet was unfair. He said when he bought his property in 1975 he knew the City had a four-foot easement. He said he felt the City had bought the easement, then billed him to underground on the easement which he no longer owned. He said he is not opposed to paying, but is opposed to the cost. He said he felt even though the City had acquired more money, they were leaving the assessment at $110. He noted that he also has to pay undergrounding fees to underground his own lateral lines to the main line. The City Council asked if Mr. Lindstrom knew his property was in an Underground District and asked Bill Rugg to explain the $110 amount in the Municipal Code. Mr. Rugg described the basis for the $110-fee. He said if property develops without an assessment District the $110-fee still must be paid. He said if property owners must borrow from banks to pay the fee for the Assessment District, it may be less expensive to pay the $138-fee than to borrow from the bank. Bob Faussner, owner of 1302-1314 Marina Boulevard, asked what are the benefits to the property owner. He said Marina Boulevard is an industrial area but not industrial park and the undergrounding does not increase the values of the buildings. He said he felt there was no value to his tenants and it was important to look at the nature of the properties along the street. He said his tenants were concerned about the street widening because they felt it would cut off left-hand turns onto the property. He said he must pay a substantial amount of money in order to underground his own lines. He said he felt the Assessment District had been added as a footnote at public meetings and was a very complicated process which was difficult for property owners to understand. City Council took a recess from 10:40 to 10:50 p.m.