|
Table 11 presents the impact to the receipt of one-time development impact fees to the
<br />City and other agencies by reducing by 396 the number of remaining housing units due to
<br />counting 396 additional CLC units towards the City's housing cap:
<br />Table 11
<br />Based on 396 additional units included in the
<br />City's Fees
<br />Public Facilities Fees
<br />Water Connection Fees
<br />Sewer Connection Fees
<br />Park Dedication Fees
<br />Traffic Impact Fees
<br />Low Income Housing Fee
<br />Total City Fees
<br />Multifamily
<br />$ 955,548.00
<br />$ 253,440.00
<br />$ 130,680.00
<br />$ 3,155, 724.00
<br />$ 1, 091, 376.00
<br />$ 952, 380.00
<br />$ 6, 539,148.00
<br />Caa for the CLC P
<br />Single Family
<br />$ 1,566,972.00
<br />$ 475,200.00
<br />$ 198,000.00
<br />$ 3,843,972.00
<br />$ 1,559,448.00
<br />$ 3.841.992.00
<br />$ 11,485,584.00
<br />Other Agencies
<br />Zone 7 (Water) $ 8,561,916.00 $ 8,026,920.00
<br />DSRSD (including LAVWMA) $ 3,041,676.00 $ 5,148,000.00
<br />TriValley Traffic Fees $ 511,632.00 $ 804,672.00
<br />Pleasanton Unified School
<br />District $ 1,083,456.00 $ 11,947,320.00
<br />Zone 7 Drainage~'~ $ 287,100.00 $ 1.114,740.00
<br />Total Other Agencies $ 13,485.780.00 $ 27,041,652.00
<br />Total Capital Fees $ 20,024,928.00 $ 38,527,236.00
<br />(1) Assumed impervious surface is equal to the floor area plus 10%.
<br />Maximum Reduction $ 38,527,236.00
<br />Minimum Reduction $ 20,024,928.00
<br />Based on the analysis in Table 11, the reduction in one-time development impact fees by
<br />reducing the remaining housing units by 396 additional CLC units in the City's housing
<br />cap ranges from $20,024,928 (based on 100% of the homes that would actually be built
<br />being multifamily) to $38,527,236 (based on 100% of the homes that would actually be
<br />built being single family). The actual reduction in development impact fees to the City
<br />and the other agencies is dependent upon the actual mix of housing units that is actually
<br />developed (i.e., multifamily units versus single family detached units). Significantly,
<br />while the reduction in the City's development impact fees range from $6,539,148 to
<br />$11,485,584, other agencies such as the Pleasanton Unified School District are equally, if
<br />not more, impacted.
<br />37
<br />
|