CCMIN02042020 - Laserfiche WebLink

Don Maday expressed concern regarding project cost estimates and the fact that potential overruns will be paid for by the City and encouraged City Council to re-examine the economics of the project and renegotiate the deal. City Manager Fialho clarified the City and Costco will each be responsible to pay 50% of the cost overruns and Costco will not receive any reimbursement for the payment of its portion of cost overruns. Costco is fronting $8.4 million and they will be reimbursed through the Sales Tax Reimbursement Agreement or through the payment of impact fees. Craig Schwab expressed his concern regarding the item and encouraged City Council to reassess the project. Kathy Hemmer expressed her concern with the project and encouraged City Council to continue reviewing the financial impacts of the project. Ernest Tsia (Choy) expressed concern regarding the traffic implications on Stoneridge Drive and encouraged City Council to look at traffic mitigation. Mayor Thorne closed the public hearing. In response to Councilmember Testa's inquiry, Mr. Schuster clarified a new version of the model was used and comes with a number of new refinements including new Department of Motor Vehicle (DMV) registration data, new vehicle fleet information for off-road equipment, the incorporation of new emission standards for construction equipment and other equipment from the EPA and the Air Resources Board. He also noted they were able to refine the modeling by drilling into the details and getting specific on what was going to happen and when with regard to fuel combustion. He also noted overall emissions are reduced over time as the older equipment in the fleet decreased. In response to Councilmember Testa's inquiry, Mr. Schuster explained emissions from the gas station itself are factored into the model and are called fugitive emissions fugitive emissions are basically evaporation and the emission is called reactive organic gases. He advised the specific numbers are in the Air Quality Study as well as the Health Risk Assessment. In response to Councilmember Testa's inquiry, Assistant City Manager Dolan advised the carbon monoxide impacts are analyzed in the Air Quality section. Councilmember Pentin expressed his support for the item and feels the project has been fully vetted. Councilmember Narum mentioned removing firearm sales from the JDEDZ. Assistant City Manager Dolan advised firearm sales were included when Bass Pro Shop was a potential tenant. Councilmember Narum thanked residents and expressed her support for the item and noted it will promote long-term economic growth for Pleasanton as well as benefit the schools. Councilmember Testa expressed her intention to separate the EIR and the General Plan from the vote. City Attorney Daniel Sodergren clarified certification of the EIR is required before the General Plan Amendment can be adopted. Councilmember Testa requested the outstanding questions regarding the EIR and financing be answered prior to the second reading. Councilmember Pentin denied the addition to his motion. Councilmember Brown spoke about the scale of the development and the need for vetting and lengthy discussion. In response to Mr. Brown's comments during the public hearing, Councilmember Brown clarified Measure MM limited building size to 50,000 square feet. She expressed her support for the project and noted it will be a busy shopping center. She referenced City Council Minutes Page 7 of 10 February 4. 2020