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09
City of Pleasanton
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8/31/2018 2:23:28 PM
Creation date
8/24/2018 4:14:06 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
9/4/2018
DESTRUCT DATE
15Y
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Nonresidential Housing Linkage Fee Nexus Study <br /> Draft Report 02/26/18 <br /> Table 1 Summary of Maximum Allowable Fees and EPS Recommended Fee Levels <br /> Land Use Maximum Fee Previoiusly Recommended Fee Range(1) <br /> 10% 15% 20% <br /> per sq.ft. per sq.ft. per sq.ft. per sq. ft. <br /> Hotels/Motel $49.69 $5.12 $7.68 $10.24 <br /> Retail $211.08 $21.74 $32.61 $43.48 <br /> Office/Light Industrial/R&D $82.56 $8.50 $12.76 $17.01 <br /> (1) Includes stated share of 2016 maximum fee plus 3%administrative costs. <br /> Source: EPS <br /> Sources <br /> To estimate the fee, EPS relied on numerous sources of data, including the following: <br /> • U.S. Bureau of Labor Statistics (BLS) "July 2011 National Industry-Specific Occupational <br /> Employment and Wage Estimates". <br /> • State Department of Housing and Community Development (HCD) annual income limits for <br /> 2013. <br /> • U.S. Census Bureau American Community Survey (ACS) 2011 estimate. <br /> • Input from City of Pleasanton's staff. <br /> These and other data sources are identified on the tables provided throughout this report. In <br /> addition, EPS generated development and operating cost assumptions by reviewing pro forma <br /> materials provided for this and other EPS assignments by various affordable housing developers <br /> active in the Bay Area, as well as documents such as the City of Pleasanton's Housing Element. <br /> Organization of Report <br /> Following this Introduction and Executive Summary, this study includes the following <br /> chapters: <br /> • Chapter 2 presents the nexus findings based on the methodology. <br /> • Chapter 3 provides a general discussion of the City's development trends and employment <br /> composition. <br /> • Chapter 4 describes the methodology used to calculate the fee. <br /> Economic& Planning Systems, Inc. 3 151000 151111P1easanrtoefxMAeportWHoraaUp xoussnyvs11ii commrie.osswey_ozzc1e.nocr <br />
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