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6.18 Page 27 Task 7: Incorporate EIR Mitigations/Infrastructure Impacts To the extent that the EIR identifies infrastructure needs generated by the Project and/or mitigation measures, KMA will incorporate those impacts and costs into the analysis. AdditionallYt if a portion of the public improvements to be funded by Stanford will benefit the larger community, then KMA will assess the net benefit of the improvements to Redwood City. For example, if the EIR determines that the Project will have a significant adverse impact on traffic and the solution is establishing a street car route such as currently envisioned in the Genera' Plan Update that wou'd connect the site to Downtown Redwood City and wou'd serve the larger communitYt KMA will evaluate the extent to which the improvements to be funded by Stanford would mitigate the number of traffic trips to be generated by the Project and "buy" roadway capacity. . Product: Draft technical memorandum, featuring graphics and tables. Upon completion of all tasks, the memorandum will be incorporated into a final report. C. Economic Impact Analysis KMA will estimate the direct and indirect/induced economic impacts of: 1) the proposed Stanford project; 2) the existing R&D development; and 3) the hypothetical "opportunity cosf' projects. Direct economic impacts include: economic output (gross receipts), employment, and payroll of the on-site businesses. Indirect/induced economic impacts are the impacts that the on-site businesses have on other business in Redwood City through the expenditures of on-site businesses on materials and services as well as the expenditures of on-site employees on goods and services at other Redwood City businesses. Task 1: Estimate Direct Economic Impacts Direct impacts will be measured based on information provided by the existing R&D businesses as well as information from Stanford. The economic impacts generated during the construction phase of the Stanford project and the Uopportunity cost" projects will also be measured. Task 2: Estimate Indirect and Induced Impacts on Other Redwood City Businesses Indirect and induced impacts will be measured using the IMPLAN multipliers that are prepared by the Minnesota IMPLAN Group and are available to measure indirect/induced impacts generated by specific businesses types at the city level. Using the IMPLAN multipliersf KMA will estimate the impacts of the existing businessesf the proposed Stanford Project, and the Uopportunity cost" projects. Consistent with the RFP, KMA will estimate the impact that the scenarios have on the number of Redwood City jobs, other business output, other business payroll and the linkages to target land uses, such as R&D development. Keyser Marston Associates, Inc. \\Sf-fs1\wp\99\99900\900b-851 to 900\900b-865 Rev.doc Page 11 January 2009