|
Table i gpresents 224 homes are relocated t on the d to other areassof the City:units
<br /> assuming
<br /> Table e
<br /> Based on 224 Homes bean, relocated to other areas of the CI
<br /> Multifamily Single Family Hi Heide Homes
<br /> QUALM
<br /> Connection 540,512.00 $ 886,368.00 $ 888,388.00
<br /> Public cti Fees $ 143,360.00 $ 268,800.00 $ 288,800.00
<br /> Water Connection Fees $ 73,920.00 $ 112,000.00 $ 112,000.00
<br /> Sewer Connection Fees $ 1,785,058.00 $ 2,174,368.00 $ 2,174,388.00
<br /> Park cImpacDedication Fees $ 617,344.00 $ 882,112.00 $ 882,112.00
<br /> Traffic Impact Fees $ J___21.7_12.4.6.21 4. 2.173.248.00
<br /> Low Income Housing Fee $ 5 8.7� 20.00
<br /> Total City Fees $ 3,698.912.0Q $ 6.496.896.00 $ 6.496.898.00
<br /> 0therAOencieS $ 4,843,104.00 $ 4,540,480.00 $ 4,540,480.00
<br /> Zone 7 (Water)
<br /> DSRSD(Including $ 1,720,544.00 $ 2,912,000.00 $ 2,912,000.00
<br /> Tn'Valley
<br /> tAValley Traffic Fees $ 289,408.00 $ 455,188.00 $ 455,168.00
<br /> Pleasanton Unified $ 612,864.00 $ 8,758,080.00 $ 13,516,160.00
<br /> School District
<br /> Zone 7 Drainage ) $ 182.400.00 $ 630.560.0Q $ 1.531.040.00
<br /> Total Other Agencies $ 7.628.320.0Q $ 15.296.288.0Q .1_22.954.848,0Q
<br /> Total Capital Fees $ 11,327,232.00 $ 21,793,184.00 $ 29,451,744.00
<br /> (1)Assumed impervious surface is equal to the floor area
<br /> plus 10%.
<br /> $ 29,451,744.00
<br /> Maximum Reduction $ 29,451,744.00
<br /> $ 11,327,232.00
<br /> $ 18,124,512.00
<br /> $ 29,451,744.00
<br /> Minimum Reduction $ 21,793,184.00
<br /> $ 7,658,560.00
<br /> Based on the analysis in Table 6, the reduction in Development Fees from relocating 224
<br /> homes from the hillside to other areas of the City ranges from $18,124,512(based on
<br /> 100%of the homes being multifamily)to $7,658,560(based on 100%of the homes being
<br /> single family). The actual reduction in Development Fees to the City and the other
<br /> agencies is dependent upon whether the relocated units are developed as multifamily or
<br /> single family detached homes. It should also be noted that while the reduction in the
<br /> City's Development Fees ranges from zero to $2,797,984,the agency that is most
<br /> impacted is the Pleasanton Unified School District(PUSD). As noted above, school
<br /> impact fees are based on the size of the home and therefore, the property owner
<br /> developing a larger home pays a proportionally larger fee. The range in reduced
<br /> Development Fees to be collected by PUSD is $6,758,080 to $12,903,296. It should also
<br /> 32
<br />
|