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Table A-3
<br /> Documentary Transfer Tax Estimate
<br /> Fiscal Impact Analysis of the East Pleasanton Specific Plan;EPS#121090
<br /> New Assessed Annual Annual Documentary General Fund Share
<br /> Kern Value Turnover Rate(1) Transfer Value ($0.55 per$1,000 in AV)
<br /> Option 1
<br /> Residential I1nes
<br /> 30 du/ac(MR) $48,360,000 5% $2,418,000 $1,330
<br /> 23du/ac $87,750,000 15% $13,162,500 $7,239
<br /> 11 du/ac $0 10% $0 $0
<br /> 8 du/ac $0 7% $0 $0
<br /> 4 du/ac $700,000 000 7% $49 000.000 $26,950
<br /> Subtotal $836,110,000 $64,580,500 $35,519
<br /> Commercial Uses
<br /> Retail $33,397,000 5% $1,669,850 $918
<br /> Office $95,914,000 5% $4,795,700 $2,638
<br /> Industrial $1$6990000 0% $2
<br /> Subtotal $266,301,000 $6,465,550 $3,556
<br /> Total $1,102,411,000 $71,046,050 $39,075
<br /> Option 4
<br /> Residential Uses
<br /> 30 du/ac(MR) $62,124,000 5% $3,106,200 $1,708
<br /> 23 du/ac $112,500,000 15% $16,875,000 $9,281
<br /> 11 du/ac $0 10% $0 $0
<br /> 8 du/ac $624,975,000 7% $43,748,250 $24,062
<br /> 4du/ac $2 7% 12
<br /> Subtotal $799,599,000 $63,729,450 $35,051
<br /> Commercial Uses
<br /> Retail $33,397,000 5% $1,669,850 $918
<br /> Office $95,914,000 5% $4,795,700 $2,638
<br /> Industrial $218 120 000 0% $Q $0
<br /> Subtotal $347,431,000 $6,465,550 $3,556
<br /> Total $1,147,030,000 $70,195,000 $38,607
<br /> Option 5
<br /> Residential Uses
<br /> 30 du/ac(MR) $79,608,000 5% $3,980,400 $2,189
<br /> 23du/ac $112,050,000 15% $16,807,500 $9,244
<br /> 11 du/ac $288,000,000 10% $28,800,000 $15,840
<br /> 8 du/ac $0 7% $0 $0
<br /> 4 du/ac $497 000 000 7% $34 790 000 $19,135
<br /> Subtotal $976,658,000 $84,377,900 $46,408
<br /> Commercial Use
<br /> Retail $33,397,000 5% $1,669,850 $918
<br /> Office $95,914,000 5% $4,795,700 $2,638
<br /> Industrial $109,060,000 0% IL) vl
<br /> Subtotal $238,371,000 $6,465,550 $3,556
<br /> Total $1,215,029,000 $90,843,450 $49,964
<br /> Option 6
<br /> Residential Uses
<br /> 30 du/ac(MR) $33,108,000 5% $1,655,400 $910
<br /> 23 du/ac $144,900,000 15% $21,735,000 $11,954
<br /> 11 du/ac $598,400,000 10% $59,840,000 $32,912
<br /> 8du/ac $491,400,000 7% $34,398,000 $18,919
<br /> 4 du/ac $140 000,000 7% $9 800,000 $5,390
<br /> Subtotal $1,407,808,000 $127,428,400 $70,086
<br /> Commercial Uses
<br /> Retail $33,397,000 5% $1,669,850 $918
<br /> Office $95,914,000 5% $4,795,700 $2,638
<br /> Industrial $109,060,000 0% $2 $Q
<br /> Subtotal $238,371,000 $6,465,550 $3,556
<br /> Total $1,646,179,000 $133,893,950 $73,642
<br /> 11)EPS assumption,reflects a turnover range between 5%and 15%with a higher rate for residential uses and a lower rate for commercial uses.
<br /> Industrial uses are assumed to not turn over for the purpose of this analysis,which is a conservative assumption.
<br /> Sources:cry of Pleasanton and Economic&Planning systems.Inc.
<br /> Et 0110171W a Planning Systems.Inc 7/26/2013 P1171C00112 1090Eao,PearaotonwMetFiacer121090 Fucall ih
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