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Mr. Swift said there was not much, and the bulk of the funds available for this area would come from the deferred improvement agreement affecting Mr. McColm' s property. Other property owners downtown have paid in-lieu fees, but this property is too far away to benefit from those payments. Ms. Acosta clarified that the Veterans Building is owned by Alameda County and predates any of the in-lieu parking agreements. R. Roman, 401 Main Street, read a letter from Chris Beratlis, who could not attend the meeting. He complained about insufficient parking in the area. He urged the City to continue to work with the Bank of America to acquire additional parking for the area. Speaking for himself, Mr. Roman said the City staff has worked hard to make downtown successful, however more needs to be done from Neal Street towards the 400 block. He did not think apartments were appropriate for this area. Virgil Gass, 2768 Sanderling Way, owner of Clover Creek across the street from this project, was concerned about parking issues and agreed with the previous speakers that this is not a desirable place for residences, although he agreed a two story building across the street would be a benefit to the look of downtown. He referred to calculations of in-lieu parking fees and what it will cost him in terms of rent increases. He supported adding a stop sign at the intersection. Linda Lammers, 350 Main Street, Suite D, supported other the speakers and opposed residential uses downtown. Ron Gehrke, 19231 Lake Chabot Road, Castro Valley, agreed with Mr. McColm and objected to having his rent raised because of the parking assessment. Gary Schwagerle, 189 West Angela Street, indicated a lot of money had been spent on studies regarding the downtown area. It is now thriving and he is opposed to residential uses in the area. He felt that was an antiquated concept and he encouraged office use upstairs. He also complained of noise from garbage trucks and street sweepers. Before any project is approved, he wanted the City to buy property for a parking lot. Since he lives across the street, Ms. Mohr asked about the usage of the Bank of America parking lot. Mr. Schwagerle indicated it was full in the evenings and on the weekends. In addition, the residents of the triplex across the street use it. Mr. McColm explained that the subject property is now being used as a parking lot and believed the Bank of America lot was seldom used. He pointed out the proposed development -7- 10/15/96