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AgdaPkt 2020-10-12 Joint SA PFA
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AgdaPkt 2020-10-12 Joint SA PFA
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Last modified
10/14/2020 12:39:00 PM
Creation date
10/12/2020 11:30:12 AM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
10/12/2020
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S.A. - Page 30 of 61 <br />901, 947, 999 EI Camino Real <br />Square Feet <br />Required <br />Required <br />Required <br />Total <br />Proposed <br />(Mod) <br />(Low) <br />(Very Low) <br />Required <br />154,000 sq. ft. (Office)* <br />5 (rounded <br />8 (rounded <br />3 <br />—16 <br />60 (income <br />up) <br />up) <br />up) <br />level TBD) <br />15,794 sq. ft. <br />TBD) <br />(Residential) <br />*Equates to a $3,080,000 affordable housing impact fee. <br />601 Allerton <br />Square Feet <br />Required <br />Required <br />Required <br />Total <br />Proposed <br />(Mod) <br />(Low) <br />(Very Low) <br />Required <br />80,000 sq. ft. (Office)* <br />3 (rounded <br />4 <br />2 (rounded <br />—9 <br />8 <br />up) <br />up) <br />(income level <br />TBD) <br />540 sq. ft. (Retail)** <br />4,900 sq. ft. (Residential) <br />*Equates to a $1,600,000 required affordable housing impact fee. The total stated contribution paid would <br />be$7,100,000 which includes the estimated $5,400,000 to construct the housing units. <br />**Equates to a $2,700 affordable housing impact fee <br />1900 Broadway <br />Square Feet <br />Required <br />Required <br />Required <br />Total <br />Proposed <br />(Mod) <br />(Low) <br />(Very Low) <br />Required <br />234,000 sq. ft. (Office)* <br />7 <br />11 <br />5 (rounded <br />—23 <br />54 <br />up) <br />(low and very <br />low) <br />10,000 sq. ft. (Retail)** <br />65,522 sq. ft. <br />(Residential) <br />*Equates to a $4,680,000 affordable housing impact fee. Total stated contribution would be $13,500,000 <br />which includes the cost of constructing on-site units. <br />**Equates to a $50,000 affordable housing impact fee <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />297 <br />
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