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<br /> REPORTER'S TRANSCRIPT OF PROCEEDINGS TAKEN 5-24-04 <br /> 1 including open space for public and inclusion of <br />! 2 below market rate units. <br /> 3 With housing and retail and office spaces <br /> 4 altogether in one place, the Marina Shores project <br /> 5 embodies best practices for future land use. <br /> 6 Marina Shores will provide 1,900 more units <br /> 7 of housing for Redwood city, at this critical stage <br /> 8 where we continue to struggle with housing crises. <br /> 9 15 percent of these units have been voluntarily <br /> 10 provided for below market rate by the developer, <br /> 11 this kind of high-rise living is the new type of <br /> 12 housing stock for the Peninsula. <br /> 13 And I believe having more options will be <br />( <br /> 14 helpful to Redwood City in the long run. <br /> 15 Granting elders and seniors looking into <br /> 16 downsizing from single-family homes and having <br /> 17 fewer responsibilities and upkeep, this type of <br /> 18 housing option is ideal. This would free up those <br /> 19 homes for younger families starting out. <br /> 20 In addition, with regard to the airport, <br /> 21 already there's California law that requires the <br /> 22 disclosure of the noise. <br /> 23 Thank you. <br /> 24 MAYOR IRA: Thank you. <br />\ 25 Jim Bigelow and then Victor Torreano. <br /> UCCELLI & ASSOCIATES 107 <br /> (650) 952-0774 <br /> .- <br />