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rate down would hinge upon creating enough assessments based upon attracting commercial development , which in turn , in order to attract commercial development , the tax rate would have to be lower , which catches Redwood Shores in a vicious circle . He mentioned that if refunding bonds could be avoided , if another way could be found to get through this vicious circle , his Company would pursue this end . He also touch- ed upon the Environmental Impact Reports under way which would open the way for more basic discussions on the creditability of the Shopping Center , regenerating some kind of development in the Marina , low -moderate income housing questions , and noted that Mobil would be in favor of further discussions with any of the organiza - tions concerned with the development of Redwood Shores . He noted that a meeting with the Bank of America would be taking place shortly with regard to discussing the possibility of low interest loans for special type housing . In additional discussion it was noted that the encouragement of the commercial aspect would be a very important General Plan change , and the idea of a major office park , low -rise office buildings with facilities attached , was envisioned as one possible land use proposal . Council made known their concern that Mobil had been accepting certain basic premises because of what had existed previously , and felt that new times and new circumstances would offer an opportunity as well as create responsibilities for new examination and modification of old policies . Council stated their hope Mobil would advise what their feelings would be with regard to the adaptation of the present existing General Plan with their own goals , and perhaps re -examine that perspective , and portray what Mobil felt they would be capable of accomplish- ing with Redwood Shores . It was noted that when the District was originally formed the consensus was that the District would be self - supporting and never become a liability of the other residents of the City . It was noted that the meeting appeared to have been a very good session and that all the inputs and research to improve the project , from not only Staff , but organizations as well , were appreciated , with the knowledge that Council would be asking for more research and information continuously . Councilman Williams moved to adjourn at 11 : 20 p . m . , seconded by Councilman Weymouth and carried . MARIAN McCRINDLE 9/11/73 City Clerk Adj . Reg . Mtg . Minutes of Regular Meeting Redwood City Council September 17 , 1973 7 : 30 P . M . Veterans Memorial Building Pledge of Allegiance was led by Councilman Leipzig . Invocation was led by Reverend Ralph Daniels , First Baptist Church . ON ROLL CALL the following were noted present : Councilmen Marguerite Leipzig , Robert E . Norris , William C . Rhodes , Ray A . Weymouth , James S . Williams , Vice Mayor Mary W . Henderson , presiding, and City Clerk Marian McCrindle . Mayor Paul C . Keckley was noted absent . Also noted present were City Manager James M . Fales , Jr . , City Attorney David E . Schricker, Assistant City Manager James M . Smith , Planning Director Ken Schroeter , Acting Chief of Police George Bold , Park and Recreation Director Max Weeks , Director of Building Maintenance and Transporta - tion Melvin I . Moen , Deputy Director Warren Mitchell -Operations , and Stenographer Anna Hampton . Councilman Norris moved to approve the Minutes of the Regular Meeting of August -. 27th , 1973 , as submitted . Vice Mayor Henderson noted the two corrections which had been called to the City Clerk ' s attention and to be corrected : ( 1 ) Revision of Minute Order #73 -123 relating to introduction of Ordinance on allowable ex - penses for Councilmen to read " to allow a day ' s travel time before or after a conference , and so authorize Staff to interpret the Ordinance section in this manner ; ( 2 ) Full roll call vote to be recorded on motion to deny request for City participation , that failed , relating to Joe ' s Merchants ' slowpitch softball team program . Motion seconded by Councilman Rhodes and carried . 9/17/73 Reg . Mtg .