GID Ends After Almost 50 Years

On Wednesday, November 18, 2009, General Improvement District 1-64 saw is last sunset as it is presently constructed. The facilities fee management committee met for the last time and left the remaining uncommitted funds available for levee maintenance and certification. (about two million dollars.) The GID  committee is make up of three votes from the district developer (Max Keech Properties) two votes from the city staff and one vote  from RSCA (I have been the representative of RSCA for many years since the city allowed us the use of one of their votes.)

After a short business meeting the rest of the time was spent in a trip down memory lane. Don Warren, one of the original development persons who had the most to do with its actual development was present as were several of  the engineers and residents who had a significant amount to do with the existence of Redwood Shores. Don said that the GID was the glue that held together the whole project and in all his years in the development business he has never seen a better bunch of city employees, elected officials and residents who  always kept focused on the successful completion of the project. This is why Redwood Shores turned out to be the beautiful residential /commercial area that it has become. Mayor Foust, who was also one of the instrumental person in the Shores development commended the GID structure with its part in building the Shores

This is probably the last of GID 1-64 although the shell of the district remains. In case there is a need for further bonds there remains a means to more easily facilitate the financing.

— Pete Hughes, 594-0783

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.