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Pleasanton Comprehensive Fee Update and Nexus Study November 2024 <br /> Fee Calculation <br /> Tables 20 through 23 provide the maximum nonresidential housing fee calculations for <br /> each of the four land use categories. <br /> The fee is calculated by the following steps: <br /> 1. Estimate the number of new households by income category generated by a <br /> prototype 100,000-square foot building in the land use category. <br /> 2. Multiply the number of households generated by the per-unit affordability gap (as <br /> calculated in Table 19) to determine the level of subsidy required to provide <br /> housing in Pleasanton for all new worker households. <br /> 3. Divide the total affordability gap by 100,000 square feet (the size of the prototype <br /> building) to determine a maximum fee per building square foot. <br /> The "Maximum Fee per Square Foot" calculated in the following tables represents the <br /> maximum justifiable linkage fee that the City can charge for each land use category <br /> based on the required nexus findings. The City may, however, decide to adopt fees below <br /> the maximum justifiable levels based on economic or policy considerations The fee level <br /> ultimately adopted by City Council will depend on policy considerations regarding <br /> development feasibility and overall fee burdens. <br /> Economic& Planning Systems, Inc. (EPS) 35 <br />