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5.4. SR 09-14-2009
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5.4. SR 09-14-2009
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9/11/2009 10:44:01 AM
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limited amount of property along highway 169 that would produce higher valued <br />development. <br />Because of the issues noted in the above paragraph, staff did not have HKGi analyze that <br />report in detail, but instead chose to review the information contained in ERL's proposal <br />titled the New Plan on a handout provided by ERL on August 17. ERL states the landfill <br />footprint will decrease to 40.7 acres and the area available for future development will <br />increase from 10 acres to 33.1 acres. <br />Brad Scheib, HKGi, prepared the attached graphs. The first is titled Property Tax and <br />Host Fee Annual Impact depicting the revenue streams from host fee revenue and <br />potential future property tax revenue based on ERL's new proposal. To do this analysis, <br />a timeline for future development had to be selected. However, that was done with the <br />knowledge that it is not precise and it will change. Keep in mind, though, that the trend <br />stays the same if the timeline for actual development changes, it just starts later. For <br />instance, the difference in tax revenue generated between the two options does not <br />change; the actual year may not be the same as depicted on the chart but the gap between <br />the expansion and no expansion revenue streams remains the same. The same applies to <br />the Employment Estimates chart. <br />Finally, attached is a memo from Rebecca Haug, Environmental Administrator with data <br />on the sources of garbage collections that go to the landfill. <br />
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