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The JDEDZ and the Agreement also furthers a number of policies contained in the City's <br /> General Plan, including the following: <br /> Land Use Element <br /> Program 2.2: Encourage the reuse of vacant and underutilized parcels and buildings within <br /> existing urban areas. <br /> Policy 13: Ensure that neighborhood, community, and regional commercial centers provide <br /> goods and services needed by residents and businesses of Pleasanton and its market area. <br /> Economic and Fiscal Element <br /> Goal 2: Sustain the community's quality of life with a vigorous and diverse economy. <br /> Policy 1: Enhance Pleasanton's diversified economic base through an aggressive business <br /> retention and expansion program. <br /> Policy 3: Strengthen the retail sector. <br /> Goal 4: Maintain a diverse and stable revenue system. <br /> Policy 8: Undertake programs which will diversify and help to keep the City's revenue system <br /> stable from short-term fluctuations in any one revenue source. <br /> Program 8.2: Continue to investigate and utilize potential new revenue sources, particularly <br /> those which will not add to the tax burden of residents and local businesses. <br /> Program 18.1: Promote a diverse economic base by implementing the Economic Development <br /> Strategic Plan. <br /> PROJECTED TAX REVENUE TO THE CITY: The JDEDZ would result in positive fiscal benefits <br /> for the City, including a projected $1.4 to $1.7 million annual tax revenue to the City's General <br /> Fund (after tax allocation payment to Costco) at the completion of the first phase (which <br /> includes club retail and hotel uses). Of this amount, approximately $1 to $1.3 million is attributed <br /> to the Costco store. <br /> ESTIMATED NUMBER OF JOBS CREATED: <br /> Full Time: 125 <br /> Part-time: 125 <br /> Temporary: 50 annually <br />