AgdaPkt 2005-06-27 - Laserfiche WebLink

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6":/.c-L7 Fiscal Task 3: Prepare Draft Fiscal Analysis and Report Based on our review of the budget (Fiscal Task 1) and our meetings with City staff (Fiscal Task 2), we will analyze the fiscal impacts of the proposed project. This analysis will be presented to the City in a draft report that describes the project, details our assumptions about revenues and costs, and compares expected revenues and costs upon completion of the proposed project to current revenues and costs (as provided by the city of Redwood City). We will provide electronic copies of the report to the City and the EIR consultant for review. We ask that all comments be returned to us on a single printed copy of the report, and that they be non-contradictory. We would be happy to meet with the EIR consultant and/or the City to discuss comments on the draft report. We recommend that, if such a meeting is desired, it be combined with a similar meeting on the economic analysis. Fiscal Task 4: Prepare Final Fiscal Analysis and Report We will finalize the fiscal report by incorporating responses to comments on the draft from the city of Redwood City and the EIR consultant. We will deliver one printed copy and an electronic cop{of the final report to the City and the EIR consultant. Information Required from the Applicant and the City For the scope of, work outlined above, we would need the applicant to provide the following information: . Identification of similar expansions and gas station addjtions completed in California ' ~ , duringthepast5to10years.? . - - --' '.- . Construction cost of the project, itemized by (1) the store expansion and (2) the gas station. , . Expected floor area devoted to different activities (retail goods, optometry, pharmacy, food service, etc.), types of products (groceries, clothing, hardware, household, kitchen, electronics, etc.) within the existing store and the expanded store. . Projected sales per square foot for different types of products. . Projected total sales subject to sales taxes in the existing store and proposed expanded store. . Expected gallons of gas pumped per fueling position. . Other characteristics of the project that may generate revenues for the City. . Number of full-time, part-time, and full-time equivalent jobs in the existing store and the expanded store. . Wage and benefit schedule for different classes of jobs; number of jobs in each class. We would need the City to provide the following information: . Sales tax data for retail outlets in the City and in specified geographic ~ areas (to be defined) and by type of outlet for at least one year (preferably by quarter). . Estimate of retail building space, if available; detail by type of outlet and by geographic area (consistent with areas for sales tax data), if available. Atty/Agr/2005,024 062105 25