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• <br /> Staff Memo <br /> To: Economic Development Commission Members <br /> From: Cathy Bennett, Director of Economic Development <br /> Date: November 17, 1997 <br /> Subject: Continued Consideration of Tax Increment Request by Pelstring Capital <br /> (5.A.) <br /> This item was tabled at the October meeting with the direction for staff to discuss <br /> other options with both Portable Products and Sims Deltec. <br /> I have since had conversations with the Director of Administration for Sims Deltec and <br /> the Plant Manager and Controller for Portable Products. Sims Deltec was unaware of <br /> the request and was going to talk to the Director of Operations and get back to me. I <br /> had a tour of Portable Products and explained the difficulty of the request. We <br /> discussed other alternatives and they requested that I summarize my thoughts and <br /> possible alternatives in a letter (attached). They requested that they present their <br /> findings to the EDC at this meeting. Since this mailing I have not heard back from <br /> either one of the companies. <br /> • I am expecting the Plant Manager and Controller of Portable Products to be at the <br /> meeting on Thursday morning along with Pat Pelstring who is representing CALPERS. <br />