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will be an updated prototype, will have new initiatives and programs, new signage, new layouts, and new lighting. She said they have also made the commitment to put capital improvements into the old store to refresh it and bring in some of the programs and initiatives that have not been put into the store. From a merchandise standpoint, all of the same goods and services will be offered from both stores. Council recessed to a break and reconvened with all members present. Mayor Hosterman opened the public hearing. Garland Draper questioned the number of local businesses that would remain open if a second Home Depot were built and voiced concerns about the $375,000 net revenue figure given the store’s impacts and stress on the city. Ms. Metz noted that Home Depot did not agree to sign a termination agreement/penalty clause for the current location. She asked the Council to vote against the project. Joe Rose stated his support for the second store. Martha Jensen said she supported the project, wanted services located closer to where she lives which would cut her driving dramatically, felt other businesses would benefit, and encouraged the Council to approve the project. Rick Altman said the entire Vintage Hills area must drive across Valley Avenue to get to any store, and asked the Council to approve the project. Bob Russman representing the synagogue on Nevada Court said the City and Home Depot representatives met with them on many occasions, listened to their concerns and have worked to eliminate potential problems. He felt they will be able to conduct their operations in a dignified manner without interference, acknowledged the Valley Avenue traffic problems and believed traffic would be decreased once the project was completed. He supports the project. Nancy Allen voiced concerns with the revenue risk she believes the project has and felt costs associated with enforcement of the truck issue and the likelihood that the original Home Depot would close. She voiced concerns with truck routes, the legality of enforcement, the need for officers, and felt that the City should require Home Depot to sign a penalty clause to ensure the city is protected against any revenue loss if the first store closes. Don Mackenzie, co-applicant with Regency Centers, thanked staff for their hard work on the project. Fred Monday felt that anything ever good for Pleasanton has been opposed and supported the project. Denise Monday said she supported the project, felt the second store would bring more local people to shop at the development, and that it would be a meeting place for the entire neighborhood. City Council Minutes 10 May 15, 2007