The purpose of this writing is not to start a series of conversations once again debating the justification of a new Costco in Pleasanton. Most residents are aware of the long history and events leading up to the final resolution to finally bring Costco to Pleasanton and meet the wishes of the majority of the people.
However, since Matt Sullivan was granted a featured article in the Opinion section of the Pleasanton Weekly on Aug. 19, I felt it necessary to voice a counter-opinion relative to his thoughts.
In his article, Matt pointed out that the current estimated cost of the traffic mitigation infrastructure had escalated to $34 million from $21 million. This reflects the cost of inflation since the original proposal date, something we are all currently challenged with.
Opposition to the Johnson Drive Economic Development Zone project in 2016 resulted in Measure MM, which the citizens of Pleasanton solidly voted against in favor of developing Costco and the other proposed businesses. The additional lawsuits initiated by Matt Sullivan and the small group that he led, in an attempt to overrule the vote of the people on Measure MM, caused substantial delays and additional costs to the project.
In addition, the delays in opening Costco and the other proposed developments on the site have cost the city and Pleasanton residents the benefits of substantial tax revenue that would have been generated by an earlier opening date. This revenue could have been used to fund any number of additional projects benefiting the people of our city. A rough estimate is that it could have been approximately $2 million per year following the opening of the businesses.