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89 <br /> j break-even operation , but that it was anticipated other facilities would be even- <br /> tually coming in , thereby justifying holding the property . Also , there is an ex - <br /> isting logging operation that would eventually become profitable . <br /> He named the various agencies that would need to be contacted in Washington , D . C . <br /> He also pointed out the importance of what also must be done locally ; among them, <br /> the need for study involving economic and land development of. the Port area. . He <br /> emphasized the importance to have input into the regional planning groups , of what <br /> the City considers important . <br /> Councilman Henderson stated that she has served as a representative to ABAG for <br /> some time , and . that they were working in a vacuum since the beginning because of <br /> lack of planning . She commented on the influence of the Ports of San Francisco <br /> and Oakland , and felt that as soon as Redwood City has something like this study , <br /> it would be in a better position to be part of the planning , and that it was im- <br /> portant to have something on record . <br /> Port Manager Di Pietro advised that the estimated costs for the Economic , Financial <br /> and Land Use Study would be $ 50 , 000 , and that how the study is done would be an <br /> important factor in application for funds from the U. S . Maritime Administration . <br /> It was hoped that the City would participate in financing the cost to conduct the <br /> study . <br /> There was a brief discussion relating to consideration of leasing Ideal Cement <br /> property , and some obstacles involved , among them being the necessity for installa- <br /> tion of certain improvements before the property could be considered for annexation . <br /> City Manager Fales commented on the Williams -Kuebelbeck proposal , and need for <br /> specific studies with respect to leading to a point where , if options are known , <br /> City or the Port can select between those options , and the proper sequence can <br /> then be set up to achieve the goals . He also noted that the means by which to <br /> finance these goals must be considered , which would involve building a cash flow <br /> and allowing long- term land uses , as well as the ability to borrow . Port Manager <br /> Di Pietro pointed out , in support of authorizing the study , that it is necessary <br /> to have it done in order to meet immediate State requirements , and noted that <br /> another necessary and important stage will be an engineering study . <br /> City Manager Fales stated that the City needed to know what is planned , what the <br /> situation is with Ideal Cement within the broad context of the General Plan, and <br /> the level of intensity of activity of the Port . <br /> During additional discussion , Port Manager Di Pietro advised , in response to a <br /> question by Mayor Keckley , that the City was being asked to share the costs for <br /> the initial study on an equal basis with the Port . He also urged that the study <br /> be approved now , due to the time limitation , and also in order that application <br /> can be made for a Federal grant . He felt that it was important to have something <br /> tangible to show in Washington as evidence of serious interest . The study would <br /> also represent the Port ' s contribution to the Metropolitan Transportation Commis - <br /> sion ' s submittal to the Legislature of regional transportation needs . <br /> Councilman Williams left the meeting at 9 : 15 p . m . <br /> Chairman Brown noted that a fair amount of Federal money is invested in the Port , <br /> and therefore its development would be of potential benefit to the Federal Govern- <br /> ment . <br /> A ten-minute recess was called at 9 : 25 p . m . by Chairman Brown . <br /> Upon resumption of the meeting , procedures for the presentation in Washington , D . C . <br /> were discussed . Port Manager Di Pietro advised of some local meetings which have <br /> been scheduled in advance of the Conference , including a luncheon meeting on <br /> February 20 , 1974, with the Port Commissioners , representatives of the Corps of <br /> Engineers , Regional Water Quality Control Board , and BCDC (Bay Conservation and <br /> Development Corps ) . <br /> Port Manager Di Pietro reported also that a project for the maintenance dredging of <br /> San Bruno Shoals had been scheduled for the Fall , that an Environmental Impact Re - <br /> _ <br /> port had been prepared for the project , and that in the opinion of the Corps of <br /> Engineers the dredging would have an environmental advantage , from the standpoint <br /> of improving the flushing action of Bay waters . The Corps of Engineers has been <br /> requested to include in their studies the dredging of San Bruno Shoals to a depth <br /> of 37 feet , and has agreed to do so . In response to questions , he advised that the <br /> 37- foot depth would accommodate vessels which draw 35 feet , and was in accordance <br /> with a recommendation in a Corps of Engineers study of some 15 years ago . It was <br /> noted , however , that the size and type of some of the newer craft require a much <br /> deeper draft * <br /> In a discussion concerning types of enterprises the Port might wish to attract , <br /> Commissioner Mauk indicated that the future of the Port remained with specialty <br /> Ad j . Mtg . <br /> Council/ <br /> Port <br /> 2/5/74 <br />