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increases to $2.1 to $2.3 million annually upon full buildout of the JDEDZ. At full <br /> buildout, these net fiscal revenues represent an annual contribution equivalent to <br /> approximately 2.1 percent to 2.3 percent of the City's General Fund expenditures. <br /> These revenue estimates do not include any City contributions to the transportation <br /> improvements required by the JDEDZ. <br /> In addition, the Economic Impact Analysis prepared for the JDEDZ indicates that the <br /> JDEDZ is not expected to result in the closure of existing stores or businesses in <br /> Pleasanton due to the limited variety and bulk nature of club retail stores (an attribute <br /> which reduces direct competition with grocery stores), the size and vibrancy of the local <br /> retail market, and natural growth in demand for consumer goods. Similarly, shops in <br /> downtown Pleasanton are expected to experience very limited impacts, if any, due to <br /> the JDEDZ, primarily because of the distance between the JDEDZ and the downtown <br /> shopping area, and the unique offerings and experiences offered by downtown <br /> businesses. <br /> 11. What are some of the potential impacts of the JDEDZ? <br /> The City analyzed the potential environmental effects of the JDEDZ in the Draft <br /> Supplemental Environmental Impact Report (DSEIR), which was published in July 2015 <br /> and the Response to Comments Document, which was published in March 2016. <br /> These documents evaluate the potential effects of the JDEDZ in a range of impact <br /> areas. Most impacts (aesthetics, noise, biological resources, cultural resources, <br /> geology and soils, hazards and hazardous materials, land use and planning, population <br /> and housing, public services and utilities, and recreation) would not be substantial. <br /> However, like most sizable land use changes in the Bay Area, the JDEDZ is expected <br /> to exceed air pollution levels established by the Bay Area Air Quality Management <br /> District. Similarly, without mitigation, the JDEDZ would result in traffic congestion in the <br /> area. Although these impacts are typical of large development projects in the region, <br /> the City is exploring all feasible means of mitigation, including transportation demand <br /> management programs to reduce overall vehicle emissions and traffic. <br /> 12. How will the City ensure that required transportation improvements are <br /> implemented? <br /> As identified in the DSEIR, the JDEDZ will require construction of transportation system <br /> improvements, including new through and turn lanes along Stoneridge Drive and <br /> Johnson Drive and an expanded 1-680 northbound on-ramp. The financial responsibility <br /> for these improvements will be identified in a Development Agreement (DA), an <br /> agreement between a property owner and/or applicant and the City that specifies future <br /> investments to be made by the applicant in exchange for a right to develop a project. <br /> Because some of the freeway-related improvements require Caltrans (State) approval, <br /> the City will work closely with Caltrans to ensure the improvements are adequately <br /> designed and progress expeditiously through the approval process. <br /> 6 <br />