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81 The roll call vote was as follows: AYES: Councilmembers Brandes, Mercer, Mohr, Wood, and Mayor BUtler NOES: None ABSENT: None Application of Del Prado Homes to convert to condominium ownership and subdivide 94 existin~ rental dwellin~ units on apRroximately 3.8 acres of land located at the southwest corner of }topyard Road and Golden Road (the apartments surrounding and including those at 5196 Golden Road) under the provisions of Chapter 15, Title II of the Ordinance Code of the City of Pleasanton. Zoning for the property is RM-15 (Multi-family Residential) District Mr. Harris presented his report (SR 83:38) dated January 20, 1983, regarding this matter. Mayor Butler declared the public hearing open on this item. Mr. William Gissler, 1075 Blossom Drive, Santa Clara, representing Del Prado Homes, stated that over the past five months he and other members of his team have been working with city staff in an attempt to convert the Del Prado apartments to condominiums. He stated this project was built in 1972 and needs considerable up- grading as there have been numerous changes to the code since that time. He stated that in every sense Del Prado Homes has complied with the requirements of the code for conversion. He reviewed the parking situation, stating that the two for one parking requirement on site could be met but he strongly felt that off-site parking should be considered in order to preserve the landscaping within the project. He stated that off-site parking along the curb on Hopyard Road could provide the neces- sary 17 parking spaces and would allow preservation of the green area within the project, which he felt was important to the complex. Mr. Matthew Conway, 1050 Ralston Avenue, Belmont, representing Del Prado Homes, reviewed the tenant program and implementation of the program. He stated that he had visited with various tenants to explain the program, which he felt met the needs of the tenants. He advised there would be no displacement; that each renter will have a minimum two year lease and under special circumstances this could be extended to five years; handicapped persons would have a seven year lease; and senior citizens could have a ten year lease. Mr. Conway reviewed the purchase plan for the apartments and various discounts that would be given to tenants. He stated that more than 85% of the tenants in the Del Prado apartment project support the condominium conversion. Mr. Conway asked for approval of the application. Mr. Franklynn Kennell, 5184 Golden Road, stated he was opposed to the proposed condominium conversion for three reasons: (1) the apartments are not fit for condo- minium conversion because of size, no central heat or air conditioning, only one bath, no garages, inadequate parking,-and no provision for washer and dryer; (2) the offer is not a fair and equitable offer because the prices are not really affordable housing and the discounts allowed for upgrading of the apartments is really just a trade-off; and (3) it would not be in the best interests of the 13% of the tenants who are opposed to the condominium conversion and not in the best interest of the City to remove this amount of rental housing from the housing stock in Pleasanton. Mr. Kennell stated he felt many tenants had signed in support of condominium conver- sion because of apathy. He urged CoUncil to consider this matter further before making a decision. Mr. Gissler stated there are many tenants who desire to live and purchase in this project as it is a very desirable place to reside. He stated the project was built in 1972 and that refurbishment is in order, and that this is an excellent opportunity to accomplish this and would be an advantage to the residents and to the community. 4. 1/25/83