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Ms. Ayala said that is true except for the 1% increase. She asked if Wells Fargo was <br />willing to reduce its improvements in order to let Taubman proceed and in return, get a five year <br />extension. <br /> <br /> Ms. Dennis said the issues are revolving around traffic and the impacts and how much <br />information is needed. She wanted to know if the solutions would be able to accommodate what <br />is being planned. <br /> <br /> Mr. Brinton said there is going to be some increase, but the levels of service would be <br />accommodated. <br /> <br /> Ms. Ayala asked if the Canyon Way improvements would be beneficial to Wells Fargo <br />in the marketing of its property. <br /> <br /> Mr. Brinton said that when building permits are pulled, then Wells Fargo will reimburse <br />the cost of the improvements. <br /> <br /> There being' no further speakers, the public hearing was closed. <br /> <br /> Ms. Michelotti did not want to see the City go to litigation with Wells Fargo or anyone <br />else because the Mall is an asset to the community. She said Taubman has gone out of its way <br />and had additional studies done on the increments on traffic. She felt the two issues before <br />Council were the traffic improvements on Canyon Way and making the Mall marketable. She <br />felt Wells Fargo was not going to develop the land anytime soon. The levels of service still <br />need to be maintained and Taubman has come to the table in good faith and is willing to help <br />out. She wanted to make sure the economic viability of the Mall is sound. <br /> <br /> It was moved by Mayor Tarver, seconded by Mr. Pico, to deny the request without <br />prejudice pending completion of the West Las Positas Committee study, with a further <br />review of the application following City Council's action relative to the Committee's <br />recommendation. <br /> <br /> Mayor Tarver commented the Mall is an asset to the community. It is a partnership, but <br />both sides have to benefit. He felt more information was needed. He did not want a <br />moratorium. He said he was not comfortable approving the application at this time. <br /> <br /> Ms. Acosta asked if it would make a difference if something other than a moratorium <br />could suspend the development. <br /> <br /> Mr. Roush said the way the language reads right now, the suspension only occurs if <br />Council imposes a moratorium. If the language is changed to provide that the suspension would <br />occur if Council simply changed the land use designation as to properties that were not vested, <br />that would only take a Council majority as opposed to a 4/5ths vote. <br /> <br />Pleasanton City Council 10/21/97 <br />Minutes 22 <br /> <br /> <br />