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Pleasanton Comprehensive Fee Update and Nexus Study November 2024 <br /> <br />Economic & Planning Systems, Inc. (EPS) 35 <br />Fee Calculation <br />Tables 20 through 23 provide the maximum nonresidential housing fee calculations for <br />each of the four land use categories. <br />The fee is calculated by the following steps: <br />1. Estimate the number of new households by income category generated by a <br />prototype 100,000-square foot building in the land use category. <br /> <br />2. Multiply the number of households generated by the per-unit affordability gap (as <br />calculated in Table 19) to determine the level of subsidy required to provide <br />housing in Pleasanton for all new worker households. <br /> <br />3. Divide the total affordability gap by 100,000 square feet (the size of the prototype <br />building) to determine a maximum fee per building square foot. <br />The “Maximum Fee per Square Foot” calculated in the following tables represents the <br />maximum justifiable linkage fee that the City can charge for each land use category <br />based on the required nexus findings. The City may, however, decide to adopt fees below <br />the maximum justifiable levels based on economic or policy considerations The fee level <br />ultimately adopted by City Council will depend on policy considerations regarding <br />development feasibility and overall fee burdens. <br />Page 96 of 893