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• General Foundry is a long established San Leandro business that requires additional space. They manufacture specialty metal parts for the technology industry with clients such as Hewlett Packard and Cisco Systems. • The company proposes to relocate to the Merced site, renovate the existing buildings on the site and upgrade the buildings to accommodate their needs. The plan includes an alteration to one building to provide a landscaped set -back on Merced, and allow the sidewalk to be widened. • The developer is investing nearly $2,500,000 in site remediation and aesthetic improvements to the property. Staff is recommending that the Agency assist the developer with a $150,000 grant to offset 50% of the cost of moving the front wall of the building back to make way for the sidewalk and landscaping improvements. • The Committee noted their support and referred the matter to the City Council and Redevelopment Agency for consideration at the meeting of November 19, 2001, or as soon thereafter as practical. Business Development Project Updates Staff noted that the election process for the West San Leandro/MacArthur Redevelopment Advisory Committee was underway with the solicitation of nominations for the three-year term of office. Once the nominations are finalized, ballots will be sent out on or about November 2°a. The Committee recommended that the due date for ballots be extended beyond the Thanksgiving holiday. Committee Member Comments • None Public Comments • None Adj ourn • The meeting was adjourned at 5:20 p.m. 37