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<br />Al>VI,SOI:,S IN: <br />RIAL ESTAn <br />REDEVELOPMENT <br />,AFfOiU)Al}LE HOlJ5'ING <br />rCONOMIC ()EVEWrMENT <br /> <br />SAN FRANCi$C<J <br />A. IERRY KEYSER <br />TIMOTHY C. KEl.lY <br />K,\TE E,'\lUE FUNK <br />Dr:nrsJl'! M. Kf:R.N <br />~QSE~T ,I. WET"'10RE <br />~HD T. KAWM'IA,RA. <br /> <br />L<..1S l\,)"'lGl~U..:i <br />CA WiN E. l-!OUJs. 11 <br />KAHn.HN H. riEhI:> <br />IA.MES ;..,. RAI~e. <br />l'AUl 'C. ^ NDERSON <br />(JREGORY D. SoO','Hoo <br />Kf:V'IN E. ENGST/{()M <br />llJ LI f r.. ROMEY <br /> <br />SAN OIi:CO <br />,qUV.tDM. TRIMBl,!! <br />PAUL C. MARRA. <br /> <br />6.1 B <br />Page 15 <br /> <br />Jm~ <br />~L <br /> <br />KEYSER MARSTON A.sSOCJATES~, <br /> <br />ADVISORS IN' 1~'U8LiC/P.1UVATE REAL ESTATE DEVELor~.rENT <br /> <br />October 21 t 2008 <br /> <br />Ms. Maureen Riordan <br />Senior Planner <br />Planning Services <br />City of Redwood City <br />1017 MiddlefieJd Road <br />P.O. Box 391 <br />Redwood City, CA 94064 <br /> <br />Re: <br /> <br />Proposal to Evaluate Fiscal and Economic Impacts of the Proposed Stanford <br />University Project <br /> <br />Dear Ms. Riordan: <br /> <br />Keyser Marston Associates, Inc. (KMA) is pleased to have the opportunity to submit the <br />enclosed proposal to evaluate a range of impacts that the proposed Stanford University <br />project would have on Redwood City. The purpose of the analyses is to assist the City in <br />understanding the fiscal, economic, housing demand, child care demand, and lodging <br />demand implications associated with the proposed change of land use from R&D to <br />largely administrative office. The findings of the analyses may also be ultimately used to <br />inform the terms of a Development Agreement between the City and Stanford University. <br /> <br />As the enclosed materials on our qualifications indicate, KMA is extremely well-qualified <br />to undertake this assignment due to our strong record in assessing the impacts of <br />institutional/tax exempt uses on communities, including other Stanford developments. <br />Our analyses have been undertaken within the context of analyzing a specific project as <br />welf as in evaluating General Plan land use alternatives and forming public policy. <br />Additionally, we have assisted the City of Redwood City on real estate transactions for <br />many years. We understand both the local real estate market and the City's goals for <br />Redwood City's future. <br /> <br />The information and rates included in the attached proposal are valid for 90 days. We <br />look forward to meeting with you to further discuss the project and our proposal. <br /> <br />Sinc~rely, <br />Kf<,StR ;~~~~~~ ASSOCIATES, INC. "7J <br /> <br />~f1-,J.."Ji ; f [.L [1I,t , / h~' ~~ I <br />. ..,/ it IJ. C\ !,1j}t....t\ ,/',;'-""4''',Xvll/1 I ~ "")" ! -7 / /-1-7 f.::::'""";";! <br /><<'~:::.,..,"f;i~othY f:-K~I1;, CR~ "':~D~;bbie- M.~-;~n I ~.~__..t.~t.-~__ <br />5$ PACIFIC AVENUE MAtL )\- SAt.r FRANCISCO, CALIfORNiA 94111 )0 PHONE; 4153983050 > FAX: 415 3975065' <br />900b.865.doc; dk <br />99900 <br /> <br />WWW.KE"YSERMARSTON.COM <br />