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08/10/2009 <br />SALTWORKS 50 /50 BALANCED PLAN <br />Executive Summary <br />Overview of Application Submittal & <br />Statement of Justi fication <br />I, Introduction <br />DMB Redwood City Saltworks (" Saltworks" or "Saltworks Team ") is pleased to present <br />to the elected officials, residents, and the staff of the City of Redwood City ("City") the <br />culmination of over three years of community engagement, outreach, and dialog: the <br />Saltworks 50150 Balanced Plan. This Overview is a summary of the 50/50 Balanced <br />Plan as presented in the filings with the City.. With equal commitments to the <br />establishment of community open space /ecological restoration and the creation of a <br />model transit-oriented, sustainable community, the 50/50 Balanced Plan reflects, we <br />believe, the priorities and vision of Redwood City as articulated by the overwhelming <br />majority of the more than 10,000 participants in the Saltworks outreach process. <br />The 50/50 Balanced Plan is for the future of the 1,436 -acre property within the City <br />north of U.S. 101 and east of Seaport Boulevard and the Port of Redwood City, <br />currently operating -- as much of it has for over 100 years -- as an active industrial salt <br />harvesting facility for Cargill Salt (" Saltworks Site" or "Site see attached Site <br />Overview). <br />Under the 50/50 Balanced Plan, at least half of the Saltworks Site would be utilized for <br />community open space and tidal marsh restoration, and the remaining half would <br />become an innovative, sustainable transit oriented community leveraging existing <br />proximity to multi -modal transit opportunities with a walkable, mixed -use design at a <br />truly unprecedented scale. <br />II. Opportunity and Imperative <br />The 50/50 Balanced Plan presents an extraordinary opportunity for the citizens of <br />Redwood City. In no other geographic region, perhaps, are there such strong <br />convictions for both environmental conservation and progressive, sustainable urban <br />living. Both are realized in a harmonized and integrated manner under the 50/50 <br />Balanced Plan. With equal commitments to community open space /ecological <br />restoration and innovative, sustainable community design, this active industrial facility <br />one.day can be recognized as the premiere model community in the region and beyond. <br />14958 <br />MUFF # 601 <br />