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traffic levels will go to LOS E. He reiterated the need for the Mall's expansion and pointed out that the Planning Commission had recently approved a major office building without consideration of the West Las Positas interchange. Unless Council enacts a moratorium on all land use decisions, he felt it was appropriate to proceed on the basis of the General Plan as it currently exists but continue to review the impacts of removing the West Las Positas interchange. Mr. Pico asked if the residents who have been involved regarding the West Las Positas interchange had been notified. Ms. Acosta said no. Mr. Tarver did not feel this discussion should continue unless those people are made aware of this issue. Jeff Brinton, Brobeck, Phleger & Harrison, counsel for Wells Fargo Bank, clarified the obligations of Wells Fargo Bank for traffic improvements, which were included in the 1990 PUD approval. He summarized that clarification of the reimbursement agreement as it related to the PUD was necessary. About a year ago, when discussions were held regarding the N'PID surplus, it was determined appropriate to modify the reimbursement agreement and staff also - suggested extending the term of the reimbursement agreement. Wells agreed to extend the agreement and at the same time requested a similar extension to the Development Agreement and Sewer Agreement so that everything tracks together. Nothing has changed since that time. Mr. Pico asked the Taubman representatives whether they would agree to a condition that stated the expansion square footage would only be allowed upon a final decision to build the West Las Positas interchange. If a decision is made not to build the interchange, then Taubman would have to reapply for any additional square footage. He wanted to find a way to allow Taubman to continue to develop the project at reasonable levels, but also gives the City the flexibility to continue to work with the neighborhood and to pursue the West Las Positas interchange study. He encouraged Taubman to participate in that process. Avner Naggar, 601 Gateway Boulevard, South San Francisco, architect for Stoneridge Mall, and Senior Vice President of the Taubman Company, reiterated that the Taubman Company and the City of Pleasanton are "partners". The Mall brings many benefits to the City, riseally and otherwise. The Center needs the flexibility to strengthen the Center and to offer a prospective tenant the opportunity to be a pan of the Center. He was concerned that if there are conditions imposed, a prospective tenant will go elsewhere. He believed further study was necessary before agreeing to any new conditions being imposed. Traffic is the lifeblood of any Center and if a customer cannot find a parking place or have easy ingress/egress, he will go elsewhere. Mr. Gibney referred to the discussions regarding the West Las Positas interchange and asked if the City were contemplating some kind of building moratorium on new project 14 12/03/96