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Mr. Joe Chickerilla, 363 E1 Camino Real, Sou~h San Francisco, also spoke in favor of removing the p~'ope~ty from the Study District. Mayor Mori declared the public hearling closed. After discussion, i~l was moved by Councilman Herlihy, and seconded by Council- woman LeClaire, that Ordinance No~ 732, to be read by title only and waiving further reading thereof, extending for one year an S (Study) District classification estab- lished by Ordinance No~ 698 on certain property within the City of Pleasanton (Mission Park and Qualified Investment areas), be adopted, said ordinance to be ~ffective immediately pursuan~ to Government Code Section 65858. The roll call vote was as follows: AYES: Councilman Herlihy, Councilwoman LoCiairs, Councilman Philcox, and Mayor' Mori NOES: None ABSENT: Councilman Kinney MATTERS CONTINUED FOR DECISION There were no matters continued for decision. SPECIAL REPORTS Review and approval of L~A~V.W.M.A. Fiscal 1974-75 Budget Mr. Edgar presented the 1974-75 Budget for L~A.V.W.M.A., stating that Pleasan- ton's pro-rata share to ~ustain this Agency totals $23,258.00. Mayor Mori stated the Budget had been app~'oved by the L.A.V.W.M.A. Board at their meeting of June 19, 1974, and this ltem was for the information of the Council and no action was required. Discussion ensued regarding costs of studies. REPORTS OF BOARDS AND COMMISSIONS There were no reports of Boards and Commissions presented at this meeting. REPORTS OF THE CITY MANAGER Request of Local High Schools to hans Banner on Main Street to advertise High School Play Mr. Edgar presented request of local High Schools to hang a banner beneath the Pleasanton sign on Main Street to advertise their play "My Fair Lady". Jerry Carlin, Director of the play, presented a design of the banner, and urged Council approval as they needed the additional advertisement. It was moved by Councilman Herlihy, and seconded by Councilwoman LeClaire, approving the request of the local High Schools to hang a banner beneath the Pleasanton sign on Main Street to advertise the High School play '~y Fair Lady", from July 21-27, 1974, providing all conditions of the rules and regulations are complied with. The roll call vote was as £ol~ows: AYES: Councilman Herlihy, Councilwoman LeClaire, Councilman Philcox, and Mayor Mori NOES: None ABSENT: Councilman Kinney Report, Re: Review of Bids and Award of Contract regardin~ Cit~'s.Insurance Mr. Walker presented the staff report, dated July 5, 1974~ regarding this matter. After discussion, it was moved by Councilman Philcox, and seconded by Council- woman LeClaire, that the City's Comprehensive Property and Liability Insurance Policy be placed with Pacific Insurance Company and that the City increase the deductibles and sel£-insure on certain coverage as proposed in Option B, and that Errors and Omissions Liability Coverage of $100,000.00 be added and the Umbrella Liability Policy be increase to $5,000,000,00, for a total annual premium of $48,065~00~ 7/8/74