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2. Include this property in the East Pleasanton Specific Plan process. This process will commence shortly after approval of the General Plan, and it is likely that this process will take 24 months or more to complete. Under this scenario, the Council would direct staff to schedule the second reading of the ordinance for the Home Depot proposal so that it may take final action to deny the project. 3. Table the project in order to allow the applicant to work with the community to identify appropriate uses for the site and to amend and resubmit the application with tenants that provide value to the adjacent neighborhoods and broader community while minimizing impacts. Staff notes that an amended development plan under Option #3 would be required to undergo a new, complete public review process, including review by the Planning Commission and City Council. Furthermore, a new environmental review process would be required to address impacts and provide mitigation measures regarding the amended application. Staff suggests that if the Council selects this option, that the process also include working with the community at large to identify potential commercial uses. CONCLUSION Staff believes that the expanded public review process was very beneficial in providing additional information and the opportunity for further discussion with and input from the community regarding the proposed project. As a result of the process, it appears that the Home Depot will not be a good fit at the proposed location. The applicant has recognized this and has requested the opportunity to go back to the community and devise an amended plan which would better address the issues associated with development of this site. As stated above, any subsequent project will involve trade-offs in terms of the various issues. Given that the applicant is committed to such a process, staff suggests that the Council select Option #3 so that the community/public review process can continue in the short-term. Alternatively, if the City Council wishes to pursue a more long-term approach, Options #1 and #2 should be considered. Re pectful Submitted, Jerry Iserson Ne son Fialho Director of Planning City Manager and Community Development Attachments: 1. Letter from Pete Knoedler, Regency Center, dated January 18, 2008. 2. Location Map Page 4 of 4