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<br /> REPORTER'S TRANSCRIPT OF PROCEEDINGS TAKEN 5-24-04 <br />1 Not surprisingly, we also think it will be <br />2 a tremendous source of community pride. <br />3 Next. <br />4 Most of the things that are shown here on <br />5 this list will not happen for a long time, if our <br />6 project is not moved forward. <br />7 Next. <br />8 Most communities would love to have the <br />9 level of investment that we plan for Marina Shores <br />10 Village, and we think we'll be keeping hundreds of <br />11 people employed over the project life. <br />12 Next. <br />13 We're proud to have a variety of civic <br />14 organizations support the project, we think it <br />15 reinforces the need for housing. <br />16 Next. <br />17 This - - this slide explains why to some <br />18 extent there isn't more housing being built in the <br />19 area. Most developers wouldn't risk the land or <br />20 entitlement costs associated with it. And the <br />21 slide also indicates that the only elected official <br />22 or appointed official around at the end of this <br />23 process will be Dick Claire. <br />24 I think I got a better laugh this time than <br />25 I did at the Planning Commission. <br /> UCCELLI & ASSOCIATES 52 <br /> (650) 952-0774 <br /> -- <br />