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Item No. 1 (continued) Don Warren, President, Redwood Shores, Inc. and South Shores, Inc., 350 Marine World Parkway, used an overhead projection of an aerial map of the District, commenting on its history and present status with regard to projected population and development. Mr. Warren said that his company is proud of the well - planned community and has anticipated that the improve- ment district would continue to fulfill its obligations according to the adopted ordinance, noting that Mobil has assumed all in -tract development and done considerably more than they are obligated to do. Mr. Warren suggested development of "South Shores" will not take place in an orderly way attracting good developers without the District, noting that the facilities fee program can only work if the "infrastructure" is in place. He strongly recommended support of the recommendations of the GID No. 1 -64 Advisory Committee, observing that its membership represents a broad section of the District voter community. Discussion continued and Mr. Warren replied to questions relating to details of the Committee recommendations. Peter Gruchala, 573 Marlin Court, stated that three past presidents of the homeowners association (RSHA) are on the Advisory Committee; that backup figures are available for all recommendations; and suggested that it would be irresponsible to deauthorize all bonds without providing any alter- native vehicle for financing possible future needs. (Council recessed from 9:50 to 10:04 p.m.) Gregg Doran, 570 Marlin Court, former member of GID No. 1 -64 Advisory Committee, suggested compromise is possible, stating he formerly opposed all bonds, but after being President of RSHA for three years and learning more about the subject, as well as serving on the Planning Commission, he has changed his thinking to the extent that he now favors retaining only the $8,000,000 for unspecified emergencies. Ronald MacQuarrie, Chairman, GID No. 1 -64 Advisory Committee, 558 Keelson Circle, referred to the recommendations of the Committee and stated that they will protect District property owners while at the same time reducing the bond authorization to the lowest reasonable amount. Mr. MacQuarrie pointed out that retaining bonds for emergencies and the other purposes named provides an option not otherwise available. He noted that the Advisory Committee is made up of a broad group representing property owners including past presidents of RSHA familiar with the District and its needs and the developer and that the Committee recommendations received unanimous approval. He urged Council to accept the Committee recommendations as being in the best interests of the District property owners. Leroy G. Morgan, Social Security No. 569 -46 -6215, spoke. Mayor Stangel invited anyone else present who wished to speak to do so. No one wished to speak. M /S: Biagi /Britschgi to close the public hearing. Carried unanimously by voice vote. Discussion continued and disappointment was expressed that Mr. Murray did not arrange for distribution of copies of the GID No. 1 -64 Advisory Committee report and recommendations to members of RSHA, as Council had understood would be done. Reg.Mtg. 1/24/83 Page 4 MINUTE BOOK NO. 44 Page No. 49