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Mr. Swift said there is a basic local traffic fee that all development in Pleasanton pays and an additional condition of approval that potentially can require particular developments to do certain improvements. The condition added on the approval of the additional 202,000 square feet was that it participate in its pro rata share of either the West Las Positas interchange or whatever other mitigation is imposed. That pro rata share has yet to be determined. That would be based on the 202,000 square foot expansion only. Mayor Pico asked for an explanation of the concept that the shopping center actually has traffic flows at different times than normal business traffic and that acts as a mitigation for some of the additional expansion. Mr. Swift said there are two peak periods for traffic, which include the morning commute traffic and afternoon return traffic. Since the mall does not open until 10:00 a.m. there is no impact on local street traffic. In the afternoon, the mall does generate trips. The trips are not from employees as they would be for an office use. Mall traffic studies show that as a retail shopping center gets larger, the trips per square foot are actually reduced because people shop in more stores in one place as opposed to making more trips. In addition, traffic leaving a mall in the p.m. is more spaced out than would be the case when employees leave a business at quitting time. There will be new p.m. peak hour trips for the additional square footage, but the rate of increase is much lower than what it would be for an office establishment. Mayor Pico declared the public hearing open. Peter DeGalan, 200 E. Long Lake Road, Bloomfield Hills, Michigan, representing the Taubman Company, indicated he was available to answer any questions. Ms. Michelotti said that the Stoneridge Regional Mall has been more of an asset to this community than anyone ever envisioned. The sales tax it generates and the partnership in the community have been wonderful. This approval would allow the mall to expand as needed and to continue to serve the community, so it will continue to benefit the community. Michael Kaudsen, 6370 Stoneridge Mall Road, asked where the expansion of the mall would be located. He referred to the additional businesses that are located around the mall such as the Charles Schwab Corporation. That will mean extra traffic. In addition, he understood that there will be a new BART station, which will also add to traffic. He asked if there was a tenant in mind for the expansion. Mr. DeGalan indicated Taubman Company talks to prospective tenants on an almost daily basis. There is no specific tenant in mind and he did not know exactly where the expansion would be constructed. He believed there are opportunities in one of the lower parking fields. With regard to the BART station, Taubman has been in active discussions with BART and the City of Pleasanton to insure that traffic and parking needs are met. The Heinz development traffic, which is where Schwab may or may not move in, has been included in the City's traffic studies. Mayor Pico closed the public hearing. Pleasanton City Council 7 11/06/01 Minutes