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70 been transmitted to Council at the time the garbage company owner had expressed an interest in annexation, and a formula was prepared for the purpose of respond- ing to his questions relating to procedure . In response to questions concerning the extent of parti- cipation of Redwood Shores residents and of all citizens in the City in the programs, Mr. Fales advised that it is anticipated meetings will be held with residents and interested citizens as soon as enough material has been accumulated to have something to present to them. Discussion followed concerning whether or not the City might be going too far toward the sale of bonds before the related General Plan revisions have been approved. Mr. Fales asked that the record show that the proposed additional studies are economic work and that land use decisions must be made before financial recommendations can be acted upon, but that it is desirable to commence the financial work now, since much of it is necessary regardless of the specific development for the area . Discussion continued and Mr Fales replied to questions and commented concerning the desirability of allowing development of Redwood Shores to take place in the tradi- tional manner rather than as a district, the difficulties already encountered in attempting to proceed with the capital improvement program; whether any conflict would occur with regard to WK&A now being retained by the Dis- trict although they were previously retained by the City; whether Mobil Oil would be reimbursed upon sale of bonds; and attention was called to part A. , commencing on page 5 of the WK&A proposal, regarding Tax Anticipation Bonds and Taxpayer Indemnification Agreement and tasks to be completed. In reply to question, Planning Director Schroeter ob- served that in the various sections of the proposal relating to "Participants", the Directors, who are the members of the City Council, are almost invariably In- cluded. He advised that the Planning Commission has completed its review of the revised General Plan for Redwood Shores and that it is expected the first public hearing on the Plan will be set for Monday, August 4, in accordance with usual procedure . Discussion continued and Mr. Fales and City Attorney Schricker replied to questions and commented concerning indemnification of existing bonds and of construction bonds (page 5, WK&A proposal, A. 1. b. ) ; the status of the water tank and oxidation ponds ; the necessity of considering values from the point of view of tax pro- ducing development and what might be the responsibilities of the District depending upon the kind of development recommended ; and the desirability of having all Council members present for the public hearings on the General Plan . It was the consensus of Council that the City Clerk oe directed to advertise the Public Hearing on the revised General Plan for Redwood Shores for Monday, August 25, 1975. (Memo 7/15/75) -2- Reg.Mtg. 7/14/75