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Table 7 - Comparative Cumulative Development Impact Fees (Excluding Housing)
<br /> Pleasanton
<br /> Maximum
<br /> Pleasanton As Percent
<br /> Current as of
<br /> Average- Percent of Duiblin/Live
<br /> Pleasanton- Pleasanton- Dublin/Liver Dublin/Livermore rmore
<br /> Land Use Current Maximum Dublin Livermore more Average Average
<br /> Single Family(per 3,000 sq ft
<br /> unit) $94,4.06 $99,533 $121,528 $91,824 $106,676 89% 93%
<br /> Multi-Family(per 1,200 sq ft
<br /> unit) 66,078 68,336 93,214 73,689 83,451 79% 82%
<br /> Retail(13,070 sq ft) 360,767 485,716 201,979 660,599 431,289 84% 113%
<br /> Office(15,250 sq ft sq ft) 366,318 498,383 279,096 770,923 525,010 70% 95%
<br /> Industrial (15,680 sq ft) 372,830 428,808 495,701 669,450 582.575 64% 74%
<br /> Highest Fee :Lowest Fee
<br /> Excluding affordable housing fees from the comparison reveals potential maximum fees
<br /> as a percent of the Dublin/Livermore average of between 74% for Industrial and 113%
<br /> for Retail land uses while single family residential is 93% of the average and multi-family
<br /> is 82% of the average.
<br /> Table 8 - Comparative Development Impact Fees (Only Housing)
<br /> Pleasanton
<br /> Dublin/Liv Pleasanton Maximum
<br /> Dublin Livermore ermore Current Percent of Housing Percent of
<br /> Land Use Housing Fee Housing Fee Average Housing Fee Average Fee Average
<br /> Single Family(per 3,000 sq ft
<br /> unit) $20,965 $37,905 $29,435 $27,187 92% $44,930 153%
<br /> Multi-Family(per 1,200 sq ft
<br /> unit) 20.965 23,940 22,453 15,694 70% 37,358 166%
<br /> Retail(13,070 sq ft) 13,724 15.684 14,704 40,125 273% 2,758,816 18763%
<br /> Office(15,250 sq ft sq ft) 19,825 11,743 15.784 46,818 297% 1,259,040 7977%
<br /> Industrial (15,680 sq ft)' 7,840 1,725 4,782 48,138 1007% 1,294,541 27069%
<br /> Highest Fee Lowest Fee,
<br /> Comparing Pleasanton's Affordable Housing fees to the average of Dublin/Livermore
<br /> indicates that the current fee for single family homes is 92% of the average of
<br /> Dublin/Livermore and increases to 153% under the maximum fee scenario. The multi-
<br /> family home fee is currently 70% of the average of Dublin/Livermore but the maximum
<br /> fee is 166% of the average of Dublin/Livermore. The Affordable Housing fee for
<br /> commercial land uses for both the current fee and the maximum fee identified in the
<br /> nexus study are exponentially greater than the Dublin/Livermore average.
<br /> Staff Recommendations
<br /> To help ensure Pleasanton's Development Impact Fees are commensurate with nearby
<br /> cities, staff's goal is for Pleasanton's cumulative Development Impact Fees to be equal
<br /> to or less than the average of Dublin and Livermore's cumulative Development Impact
<br /> Fees. To that end, the following is the methodology staff used to develop recommended
<br /> fee levels:
<br /> Page 9 of 16
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