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This Appendix includes the analysis of Option 7. This is an additional development alternative <br /> prepared based on discussion with City staff and the developers based on the previously <br /> prepared Option 5. It reflects the residential product types discussed at the June 19th Taskforce <br /> Meeting. <br /> Table B-1 Option 7 Land Value Feasibility Test <br /> Item EPSP Option 7 <br /> Infrastructure Costs(rounded) <br /> Backbone Infrastructure $61,138,000 <br /> Off-Site Improvements $5,000,000 <br /> Potential Relocation of OSC and TS $10,000,000 <br /> Predevelopment/Developer Return $19,034,500 <br /> Total Infrastructure Cost Burden $95,172,500 <br /> Improved Residual Land Value $244,270,372 <br /> Raw Land Value $149,097,872 <br /> Land Value(per acre) $367,236 <br /> P:\1210001 121090EastPleasan lon\Beportunfraslrucfure Burden MemorandunBI21090 Infra mm3 o7 41 docx <br />