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CITY COUNCIL REGULAR MEETING AGENDA PACKET
City of Pleasanton
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2024
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CITY COUNCIL REGULAR MEETING AGENDA PACKET
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Last modified
12/11/2024 11:39:08 AM
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12/11/2024 11:13:09 AM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
12/17/2024
DESTRUCT DATE
15Y
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Pleasanton Comprehensive Fee Update and Nexus Study November 2024 <br /> <br />Economic & Planning Systems, Inc. (EPS) 44 <br />Table 26 Capital Facilities & Transportation Multifamily Fee Per Square Foot Conversion <br />Capital <br />Facilities Transportation <br />Unit Size (sq.ft.) <br />Average1 aCoStar <br />Units equal or less than2 b <br />Units equal or greater than3 cCoStar <br />Fee / Unit <br />Average4 $21,016 $11,158 d <br />Minimum5 $9,786 $5,196 e = d * (b / a) <br />Maximum6 $37,570 $19,947 f = d * (c / a) <br />Fee Amounts <br />Units equal to or less than 417 sq.ft. (per unit) $9,786 $5,196 see "e" <br />Units between 417 - 1,600 sq.ft. (per sq. ft.) $23.48 $12.47 = d / a <br />Units equal to or greater than 1,600 sq.ft. (per unit) $37,570 $19,947 see "f" <br />Source / <br />Assumption <br />(1) Represents average square footage of recently built single family housing (both detached and attached) in Pleasanton, based on <br />(5) Adjusts the average fee based on the ratio of minimum unit size to the average unit size. <br />(6) Adjusts the average fee based on the ratio of maximum unit size to the average unit size. <br />(2) Minimum size has been adjusted to reflect the square footage for a 1-person household, based on the average unit size (895 sq. <br />ft.) and average persons per household (2.15) in Pleasanton. <br />(3) Represents high end of recent rental apartments built in Pleasanton based on CoStar rental data. <br />(4) Based on the average development impact fee per unit as calculated in Table 24 . <br />895 <br />417 <br />1,600 <br />Item <br />Amount <br />Formula <br />Page 105 of 893
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