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a Has the City considered how this will impact local businesses? o The City commissioned an economic impact analysis that addresses how local businesses will be impacted — the analysis showed no significant impact except for some diminished revenues to grocery stores and gas stations which will be absorbed over the coming few years with the anticipated increase in residential/employee population o Costco is not free to sell as much gas as it wants and is regulated by Bay Area Air Quality Management District (BAAQMD) in that regard o Angela Ramirez Homes stated that Costco customers have requested gas at this store as people are driving to the Livermore store just for gas, and that the number of pumps is based on anticipated demand o The economic impact analysis conducted for Pleasanton, as well as input from other cities that have a Costco, indicates that generally local businesses are supportive of Costco as it brings increased visibility for business and relatively inexpensive consumer goods o Are there concerns about security in light of the recent robberies at other Costco stores? o Pleasanton Police Department staff indicates that for any use, including hotel and retail, there may be an incremental change in the number of service calls received, but this incremental change is not expected to be substantial o Also, there will be a new police substation as part of the nearby Workday project o What type hotels are interested? o The two interested hotels are both select service, all-suite hotels and will likely focus on the business traveler o Will the Park & Ride lot at Stoneridge and Johnson drives be expanded? o There is no room to expand that lot but City staff is working with other partners (e.g., Stoneridge Shopping Center, ACE, etc.) to expand park and ride options in the city. o How was the shape/boundary of the EDZ determined? o As this was a pilot economic development zone, the intent was to first focus on Johnson Drive; properties like the DoubleTree weren't included as that hotel use is already what we want to see in that area, and then an additional property (9A on the map) was added as it was purchased by Nearon Enterprises o City staff initially spoke with all the affected property owners who expressed interest o Will mitigations be required on several parcels? o The environmental impact report considered air quality, transportation/traffic, noise, biological resources, cultural resources, hazards and hazardous materials, and public services and utilities as those areas that required mitigation (but only transportation/traffic and air quality impacts would be considered significant and unavoidable). Regarding transportation mitigations, the City can fully implement all of these itself except the widening of the 1-680 onramp as that is in CalTrans jurisdiction. o What are the traffic mitigations needed and how will those be paid for? o City Traffic Engineer Mike Tassano shared that $21.47 million was projected to install all the needed transportation improvements, which includes traffic signals on Johnson Drive at Commerce Circle and at Stoneridge Drive, widening of Johnson Drive, and an additional lane on Stoneridge near Johnson Drive which is currently in the City's General Plan.