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ATTACHMENT 8 <br /> • <br /> DRAFT MEMORANDUM <br /> To: City of Pleasanton <br /> From: Jason Moody and Michael Nimon <br /> Subject: Fiscal Impact Analysis of the East Pleasanton Specific Plan; <br /> EPS #121090 <br /> Date: July 25, 2013 <br /> The Eeu,mmir.r 10/111d b;Se <br /> Introduction <br /> Over the past year, the City of Pleasanton has been planning for new <br /> development in East Pleasanton through the East Pleasanton Specific <br /> C Plan (EPSP). The City's General Plan calls for a potential mix of housing, <br /> office, retail, and industrial uses as well as parks and open space. The <br /> EPSP area comprises approximately 1,110 acres on the northeast edge <br /> of the City and consists of mostly undeveloped land, combined with <br /> previously used industrial and mining uses and lakes. <br /> Economic & Planning Systems (EPS) has been involved in assessing a <br /> variety of economic and financial issues associated with the EPSP <br /> program options. These initial financial feasibility screens have informed <br /> the allocation and magnitude of potential development options based on <br /> the infrastructure burden relative to the potential finished value of each <br /> program option. Four revised options have been prepared based on <br /> input from the Task Force over the last several months, with revised <br /> infrastructure cost estimates prepared by Kier& Wright Civil Engineers <br /> Surveyors. <br /> The fiscal impact analysis is focused on the City's General Fund budget, <br /> comparing the costs of providing public services and maintaining public <br /> facilities with the primary revenue sources available to cover these <br /> expenditures. This analysis is being developed concurrently with the <br /> Economic&Planning Systems,Inc. Fiscal Impact Analysis of the City of Pleasanton General Plan and <br /> 2501 Ninth Street,Suite 200 evaluates the fiscal implications of the EPSP options at buildout. It is <br /> Berkeley, U 94710-2257 conducted in constant 2013 dollars. This analysis is designed to <br /> 510 841 9190 tel <br /> 510 841 9208 fax compare the fiscal performance of the four development options and to <br /> inform growth policies and should not be used for actual budgeting <br /> Berkeley purposes. It builds on the financial feasibility work conducted as part of <br /> Denver the EPS financial feasibility analysis. <br /> Los Angeles <br /> Sacramento <br /> www.epsys.com <br />