Laserfiche WebLink
49 <br /> <br />The only difference is Hacienda put the money up, and did the <br />improvements, first. Wells Fargo got entitlement for its project <br />and that is what Hacienda is asking for. What is not solved is all <br />of the other vacant properties which as they develop may cause some <br />problems. They will have to be looked at in the General Plan <br />review. <br /> <br /> Ms. Mohr indicated when the time comes for those projects to <br />be approved, then Council will put the same conditions on them as <br />has been done to Hacienda. They would be responsible for <br />mitigating traffic just as Hacienda has been, which is fair. <br /> <br /> Mr. Tarver set forth his understanding of Option 2 as follows: <br />If there currently is five million square feet of development, the <br />City now sets development rights at four million. If, after two <br />million square feet are developed, the traffic has reached LOS E at <br />two or three intersections, then the other two million square feet <br />can still be developed. Mr. van Gelder indicated that was correct. <br /> <br /> Mr. Mercer stated the Business Park went to the voters is not <br />the Business Park that exists today. It has been reduced by <br />millions of square feet. It has different uses in it, ranging from <br />commercial and retail to residential that it didn't have when it <br />went to the voters. But as the Business Park evolved and <br />conditions changed in the City, the various Councils who have <br />reviewed the park have seen fit to make changes for the betterment <br />of the Business Park. With BART coming, it is going to be a <br />tremendous asset to the City. To hang all of the cross-Valley and <br />out-of-Valley traffic from San Joaquin County on the Business Park <br />isn't fair. To say because Pleasanton Councils were smart enough <br />to require extra large streets to be built ahead of when they were <br />needed, which has allowed other people to use our streets more than <br />the freeways penalizes the Business Park. The North Pleasanton <br />Improvement District has done everything Council has asked it <br />to do and paid for everything, resulting in a disadvantage to the <br />property owners financially and in the market place. Some <br />businesses that could have come here went to San Ramon because San <br />Ramon didn't have the same fees. It is now a fairness issue. <br />There are a couple of intersections that for a half hour a day here <br />and there are going to exceed a .91 level. If the Hacienda owners <br />are willing to reduce their project by a million square feet to <br />compensate for that period of time, it seems more than fair. <br /> <br /> Mr. Butler added that he did not see this as a breach of faith <br />with the voters at all. It certainly is not eliminating the <br />traffic condition. It is merely saying we are going to apply the <br />condition to what we know today and not penalize the Business Park <br />for additional traffic that it is not responsible for. <br /> <br /> Mr. Butler asked if there were anything in Option 2 that would <br />preclude Council from requiring project specific improvements as <br />they come along. Mr. Swift indicated that could be done, but there <br /> <br />5/19/92 17 <br /> <br /> <br />