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Fiscal Analysis for the Staples Ranch Development Project October 25, 2007 Page 8 This evaluation would take account ofthe City's residential development cap and other factors that could affect development entitlements. Task 7: Prepare Draft Report We will present the results of the analysis to the City in a draft report that describes the project, details our assumptions about revenues and costs, and compares expected future revenues to expected future costs under the scenarios considered. In fiscal analyses that evaluate multi- phased projects that are expected to develop over time, we typically choose two to three "indicator years" for which the results are reported: we find that distilling the reported results to just a few time periods improves the lay reader's ability to comprehend the implications of the analysis. The draft report would also include a summary of the capital expenditures required for the project and funding sources that have been identified to cover those expenditures. (These expenditures would include, for example, improvement of the community and neighborhood parks and the pos- sible future extension of Stoneridge Drive. Funding sources for the parks include the developers of private uses in the project area and the sponsor of the ice rink; a possible funding source for the extension of Stoneridge Drive is the County of Alameda. Other sources may be available as well.) The fiscal report will include this summary discussion for completeness, but will not analyze the cost estimates or the adequacy of funding sources, or suggest possible additional sources of funds. We will provide electronic copies of the report to the City for review. We ask that all comments be returned to us on a single copy of the report, and that they be non-contradictory. We would be happy to meet with the City to discuss comments on the draft report. Task 8: Prepare Final Fiscal Analysis and Report We will finalize the fiscal report by incorporating responses to comments on the draft from the City of Pleasanton. We will deliver one printed copy and an electronic copy of the final report to the City and the EIR consultant. (If additional copies are desired, we would be prepared to deliver them given an appropriate adjustment in the budget.) Task 9: Attend Public Meetings M&A staff would attend up to four public meetings to present and/or respond to questions about the fiscal analysis. These meetings are budgeted separately. We typically use Power Point slides to supplement our verbal presentations to public bodies: we find that the ability to illustrate fiscal outcomes (as shown in the graphic examples in the Emery- ville work sample that accompanies this proposal) improves listeners' comprehension of complex fiscal outcomes. We would be happy to provide an example of a Power Point presentation if you so desire.