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RES 2024077
City of Pleasanton
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CITY CLERK
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RESOLUTIONS
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2020-present
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2024
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RES 2024077
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
12/17/2024
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Pleasanton Comprehensive Fee Update and Nexus Study November 2024 <br /> Table 26 Capital Facilities&Transportation Multifamily Fee Per Square Foot Conversion <br /> Amount <br /> Item Capital Formula Source/ <br /> Facilities Transportation Assumption <br /> Unit Size(sq.ft.) <br /> Average' 895 a CoStar <br /> Units equal or less than2 417 b <br /> Units equal or greater than3 1,600 c CoStar <br /> Fee/Unit <br /> Average` $21,016 $11,158 d <br /> Minimums $9,786 $5,196 e=d*(b/a) <br /> Maximums $37,570 $19,947 f=d*(c/a) <br /> Fee Amounts <br /> Units equal to or less than 417 sq.ft.(per unit) $9,786 $5,196 see"e" <br /> Units between 417-1,600 sq.ft.(per sq.ft) $23.48 $12.47 =d/a <br /> Units equal to or greater than 1,600 sq.ft.(per unit) $37,570 $19,947 see"f' <br /> (1)Represents average square footage of recently built single family housing(both detached and attached)in Pleasanton,based on <br /> (2)Minimum size has been adjusted to reflect the square footage fora 1-person household,based on the average unit size(895 sq. <br /> ft.)and average persons per household(2.15)in Pleasanton. <br /> (3)Represents high end of recent rental apartments built in Pleasanton based on CoStar rental data. <br /> (4)Based on the average development impact fee per unit as calculated in Table 24. <br /> (5)Adjusts the average fee based on the ratio of minimum unit size to the average unit size. <br /> (6)Adjusts the average fee based on the ratio of maximum unit size to the average unit size. <br /> Economic& Planning Systems, Inc. (EPS) 44 <br />
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