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<br /> REPORTER'S TRANSCRIPT OF PROCEEDINGS TAKEN 5-24-04 <br /> 1 moderate income families. <br />\ 2 I think that's part of the balance that you <br /> 3 need to weigh. <br /> 4 Thanks very much. <br /> 5 MAYOR IRA: All right. Thank you. <br /> 6 Laura Stuchinsky and then John Aragnostu. <br /> 7 MS. STUCHINSKY: Good evening. <br /> 8 My name is Laura Stuchinsky and I speak on <br /> 9 behalf of the Silicon Valley Manufacturing Group. <br /> 10 Our organization is a public policy trade <br /> 11 0 r,g an i z at i on that represents about 190 member <br /> 12 companies, many whom are in San Mateo County. Our <br /> 13 organization strongly supports this project. Given <br />( <br /> 14 our recent significant housing shortage and the <br /> 15 limited amount of land available for development, <br /> 16 we recognize that the only way developers can begin <br /> 17 to build the number of homes that we need, at <br /> 18 prices that families can afford, is by going up. <br /> 19 And by concentrating more of our development in <br /> 20 urbanized areas, we're able to save more of the <br /> 21 prime agricultural land and habitats that's outside <br /> 22 of our urbanized areas. <br /> 23 Housing and affordable housing in <br /> 24 particular remains a top concern of CEOs in this <br />\ 25 area, even witp the down economy. <br /> UCCELLI & ASSOCIATES 105 <br /> (650) 952-0774 <br /> .- <br />