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Rebuttal to argument against Vallco Rebuttal to argument against Measure D Opponents of Measure D and supporters agree on one thing: we both want what's best for Cupertino, now and in the future. What's in dispute are the facts. They've misrepresented the number of residences approved and misrepresented impacts on schools, traffic, property values, tax revenues, and many other things. Here's an example: Fact: Only two parcels at Valleo are approved for housing: 204 units (Rose Bowl) and 137 units next door to Macy's parking garage. Not 1,000 as opponents have stated. Fact: Our School District has declared that the addition of 137 condominiums/townhomes, designed for singles and couples without children, will have a "negligible" impact on schools. Fact: A majority of opponents live on the other side of a twelve-foot high wall from Valleo and are concerned that Vallco will install openings in that wall, therefore increasing traffic that they fear will hurt their property values. Vallco has committed that it will never create an entranceway through that wall unless a majority of those residents want it. Fact: Approval of Measure D assures completion of the new Valleo Fashion Park resulting in over $3 million annually to Cupertino's General Fund. How can opponents suggest that residents will be "shortchanged"? And they misrepresented and outright lied that owners of Vall co received taxpayer dollars. Valleo has not sought or received one nickel oftax money from Cupertino or any other entity. Vallco was purchased and is being redeveloped with private money from local owners. So get the facts. Visit www.vallcomall.com [5),1E ~ IE 0 WIlE ~ lfU AUG 1 7 2006 i~ CUPERTINO CITY CLERK CITY OF CUPERTINO REBUTTAL ARGUMENT DECLARATION BY AUTHOR(S) OR OTHER PERSON(S) AUTHORIZED BY AUTHOR (Elections Code ~ 9220, 9282, 9600) The undersigned autho~f the rebuttal to the argument in favor ~ot measure D at the (ci~-" (letter) special municipal election for the City of Cupertino to be held on Tuesday, November 7, 2006, hereby state that such argument is true and correct to the best 4hi; /)"er / their knowledge and belief. (circle one) ~.. 1. 1J}t;LJ 5 /?U Signature 7s/'7~fo Date General Manager, Vallco Fashion Park Type Title to ~pear on Rebuttal 3. Signature Date Type Name as Signed Male/Female Type Title to Appear on Rebuttal 4. Signature Date Type Name as Signed Male/Female Type Title to Appear on Rebuttal 5. Signature Date Type Title to Appear on Rebuttal Type Name as Signed Male/Female Main Contact Person: E-Mail Address: Telephone: Fax: