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Staff is proposing to assign the $8.4 million of roadway improvement projects to the
<br /> future developments based on the percent of total trips generated by the new uses.
<br /> The determination of number of trips is based on the land use and the building square
<br /> footage proposed in the JDEDZ. This methodology results in a $28.28 per building
<br /> square foot fee for retail and a $13.70 per building square foot fee for hotels. Using that
<br /> methodology would result in the following fees by parcel:
<br /> JDEDZ Transportation Fee by Parcel
<br /> Projected Phase I Development(excluding Costco)
<br /> JDEDZ Building Parcel Fee per
<br /> Parcel Use Current Use Size(1) Size(2) GSF Total Fee
<br /> Parcel 9/10 Retail Vacant Land 5,000 NA $28.28 $141,400
<br /> Parcel 9 Hotel Vacant Land 66,000 105,851 13.70 904,200
<br /> Parcel 10 Hotel Vacant Land 66,000 123,710 13.70 904,200
<br /> Totals 137,000 229,561 NA $1,949,800
<br /> Projected Phase II Development
<br /> JDEDZ Building Parcel Fee per
<br /> Parcel Use Current Use Size(1) Size(2) GSF Total Fee
<br /> Parcel 1 Retail Valley Bible Church 19,210 64,033 $28.28 $543,259
<br /> Parcel 2 Retail Patio World 12,153 40,511 28.28 343,687
<br /> Studio Blue/M&N
<br /> Cabinet/Dog
<br /> Parcel 3 Retail Dynasty 12,023 40,075 28.28 340,010
<br /> Black Tie
<br /> Parcel4 Retail Transportation 12,284 40,946, 28.28 347,386
<br /> Parcel 5 Retail Clorox testing center 12,284 40,946 28.28 347,392
<br /> Parcel 6b Retail DSRSD 12,153 40,511 28.28 343,687
<br /> Parcel 7 Retail AT&T 25,483 84,942 28.28 720,659
<br /> Parcel 8 Retail AT&T 47,045 156,816 28.28 1,330,433
<br /> Parcel 11 Retail FedEx 76,840 256,133 28.28 2,173,035
<br /> Totals 229,475 764,913 NA $6,489,547
<br /> Total All Phases(3) 366,475 994,474 NA $8,439,347
<br /> Fee for Office uses (4) $13.46
<br /> Notes:
<br /> (1) Building size from JDEDZ zoning and estimated as 0.30 FAR.
<br /> (2) Parcel size obtained from Johnson Drive EDZ Fiscal Impact Analysis Final Report.
<br /> (3) The total of$8,439,347 is$147 greater than the target amount to be collected of$8,439,200
<br /> in order to have fees that round to two digits.
<br /> (4) Office is a conditional use in the JDEDZ
<br /> Included in the $8.4 million is approximately $1.5 million in right-of-way (ROW) costs.
<br /> Most of the needed ROW is within the parcels that would be charged the proposed fee.
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