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Minutes - 2007 - City Council - 10/16/2007 - Regular EAGLE CITY COUNCIL Minutes October 16, 2007 REGULAR COUNCIL AGENDA: 6:00 p.m. I. CALL TO ORDER: Mayor Merrill calls the meeting to order at 6: I 0 p.m. 2. ROLL CALL: BASTIAN, GUERBER, NORDSTROM, BANDY. All present. A quorum is present. 3. PLEDGE OF ALLEGIANCE: John Franden leads the Pledge of Allegiance 4. PUBLIC COMMENT: None 5. CONSENT AGENDA: · Consent Agenda items are considered to be routine and are acted on with one motion. There will be no separate discussion on these items unless the Mayor, a Councilmember, member of City Staff, or a citizen requests an item to be removed from the Consent Agenda for discussion. Items removed from the Consent Agenda will be placed on the Regular Agenda in a sequence determined by the City Council. · Any item on the Consent Agenda which contains written Conditions of Approval from the City of Eagle City Staff, Planning & Zoning Commission, or Design Review Board shall be adopted as part of the City Council's Consent Agenda approval motion unless specifically stated otherwise. A. Concrete Placine: ComDanv Payment ADDlication No.3 East Hills 1 Million Gallon Reservoir: (VB) B. ODen Container Permit: Smoky Mountain Pizza is requesting an open container permit to be used November 8, 2007 from 5:00 p.m. to II :00 p.m. at Evans Building Supply (931 State Street) for their customer appreciation event. (SKB) C. DR-33-07 - Common Area LandscaDine: within Eae:le Gatewav South Subdivision - Cornerstone LLC: Cornerstone LLC, represented by Walter Lindgren with Johnson Architects, is requesting design review approval of the common area landscaping within Gateway South Subdivision. The site is located on the southeast corner of East Riverside Drive and State Highway 44 at 1650 East Riverside Drive. (WEV) D. DR-46-07 - Two Storv Multi-tenant Retail/Office/Residential Buildine: _ Old Town I. LLC: Old Town I, LLC, represented by James Gipson with James Gipson and Associates, is requesting design review approval to construct a 5, III-square foot two story multi-tenant retail/office/residential building. The 0.18-acre site is located on the west side of South 2nd Street approximately 150- feet south of East State Street at 65 South 2nd Street. (WEV) E. DR-47-07 - Master Sie:n Plan for a Multi-tenant Retail/Office/Residential Buildine: - Old Town I. LLC: Old Town I, LLC, represented by Heather Pascua with Life Style Interiors, is requesting design review approval of the master sign plan for a multi-tenant retail/office/residential building. The 0.18-acre site is located on the west side of South 2nd Street approximately ISO-feet south of East State Street at 65 South 2nd Street. (WEV) Page] K:\COU:"JClL\MINUTES\Temporary Minutes Work ArealCC _ ]0-] 6-07mindoc F. DR-53-07 - Sine:le-tenant Office Buildine: within Castleburv West Business Park - Steed Construction: Steed Construction, represented by Stan Cole with Steed Construction, is requesting design review approval to construct a 7,800- square foot single story, single-tenant office building. The 0.62-acre site is located on the northwest corner of West Chinden Boulevard (SH 20/26) and North Meridian Road at 66] 5 North Meridian Road (within Castlebury West Business Park). (WEV) G. DR-54-07 - Two Buildine: Wall Sie:ns for Oasis Medical Center - Steed Construction: Steed Construction, represented by Golden West Advertising, is requesting design review approval to construct two (2) building wall signs for the Oasis Medical Center Building. The 0.62-acre site is located on the northwest corner of West Chinden Boulevard (SH 20/26) and North Meridian Road at 66] 5 North Meridian Road (within Castlebury West Business Park). (WEV) Guerber moves to add to the Consent Agenda as Item #5H. Open Container Permit for Louie's Pizza and as Item #51. Open Container Permit for Louie's Pizza. Seconded by Bandy. ALL AYES: MOTION CARRIES................. Bastian moves to approve the Consent Agenda as Amended. Seconded by Nordstrom. Bastian: AYE; Nordstrom: AYE; Bandy: AYE: ALL AYES: MOTION CARRIES......... 6. PUBLIC HEARINGS: *These items were continuedfrom the October 9,2007 meeting. * A. CPA-5-06/Z0A-3-06/A-14-06/RZ-19_06_ M3 Eae:le - M3 Eae:le: M3 Eagle. represented by Gerry Robbins, is requesting a Comprehensive Plan Map Amendment to include +/_ 6,005 acres into the Eagle Comprehensive Plan designating the following land use and zones: 40 Acres Residential Rural (up to I unit per 5 acres), 1,627 acres Residential Estates (up to 1 unit per 2 acres), 470 acres Residential One (up to one unit per acre), 670 acres Residential Two (up to two units per acre), 1,250 acres Residential Three (up to 3 units per acre), 670 acres Residential Four (up to four units per acre), 770 acres Village Center, 88 acres Mixed Use, with an annexation with Pre-Annexation Agreement, a rezone with a Development Agreement, Zoning Ordinance Amendment to Eagle City Code Section 8. The 6,005 acre site is generally located north of the Farmers Union Canal and Homer Road, east of State Highway 16 and west of Willow Creek Road more specifically described in the meets and bounds description on file with the City of Eagle. (NBS) Comprehensive Plan Map and Text Amendment Only. B. CPA-I0-06 - ComDrehensive Plan MaD Amendment to establish a Desie:nation of Foothills Cluster and Foothills Conservation. Avimor. LLC: Avimor, LLC., represented by Robert Taunton, is requesting a Comprehensive Plan Map Text Amendment to include +/_ 23,320 acres into the Eagle Comprehensive Plan designating the following land uses: +/_ 7, I 00 acres Foothills Cluster Development (not to exceed 2 units per acre) and +/_ 16,220 acres Foothill Conservation Development (I unit per 40 acres). The +/- 23,320-acre site is generally located from Highway 55 on the east to Willow Creek Road via Big Gulch on the west, the northern boundary is approximately five (5) miles north of the Ada/Gem County line, the southern boundary abuts the Connolly and Kastera properties. Specifically described in the meets and bounds description on file at the City of Eagle. (NBS) C. CP A-8-06 - ComDrehensive Plan MaD Amendment to desie:nate +/_ 2.000 acres of BLM land as Public/Semi-Public: The City of Eagle, is requesting a Comprehensive Plan Amendment to establish a land use designation on the Comprehensive Plan Land Use Map of Page 2 K \CQUt'-iCIL\MINUTES\Temporary Minutes Work Area\CC _ IO-16-07min.doc Public/Semi-Public for the BLM property. The +/- 2,000 acres site is located approximately II. mile east of State Highway 16 and directly north of the Farmers Union Canal. (NBS) D. CP A-6-07-Citv of Eae:Ie: The City of Eagle is proposing a Comprehensive Plan Amendment to achieve the following: 1) Adoption of the Eagle Foothills Sub-area Plan and associated text and maps; 2) Adoption of Brookside Sub-area Plan and associated text and maps; 3) Update appropriate sections of the existing plan to ensue consistency with the proposed amendments. (NBS) Mayor introduces the issues. We have all of the amendments that are being proposed. I have asked our Planner N ichole Baird Spencer to present her presentation again for those of you have not been to a prior meeting. After this presentation I will open the Public Hearing. [want to acknowledge that we do have your written testimony. We will keep the testimony open until 10:00 p.m. General discussion on public hearing procedure. Planner Baird Spencer: I am going to presents an overview what has taken place to date and I will go over the transportation impact that was presented at the last meeting. Presents a power point presentation, 2007 Comprehensive Plan Amendments Eagle Foothills and discusses the same. General discussion. Mayor opens the Public Hearing Mayor swears in John Franden, ACHD John Franden, President of ACHD, Nichole laid out a lot of information and provided a lot of information on transportation. It is absolutely essential that we have some density numbers for the area you are addressing. We need to have what type of structure, residential versus commercial and where they are going to be located as we are in the process of doing a massive Transportation Plan and it is vital that we have this information. Mayor swears in Ann Ritter Ann Ritter, 1270 W. Beacon Light, I am the Trustee for the Meridian School District for the Eagle and Star area. Displays overheads and provides an overview of the schools and the need for new schools in the Eagle and Star area including the impact on the schools with foothills development. There are currently 32,756 students in the Meridian School District. Bonding in Idaho is the only way we can build schools. Discussion on building new schools and passing school bonds. M3 did volunteer and did volunteer land for schools. The Meridian School District declined the offer because of the terms. General discussion and an Eagle School District and a Sub-District. We are looking into a Bond Sharing Fund but there is presently no legislation that allows us to do this. General discussion. Mayor swears in Sharon Pratt Sharon Pratt, 415 Main Street, Emmett, I am a Gem County Commissioner; 1 am here to give you some thoughts on the plan. We feel your plan is a plan that accommodates a lot of growth. Our concerns are that this area boarders a very remote part of Gem County which is designated as agriculture on our comp plan. We have not included doing any future land use planning in this area. Our priority growth areas are closer to the City of Emmett. Discussion on development around the city of Pearl. We neither oppose or approve the proposed plan. General discussion. Mayor swears in Tim Brewer Page 3 K.\COUNCIL\J\1INUTESITemporary Minutes \Vork Area\Cr-l0-16-07min doc Tim Brewer, Director of the Land Trust of the Treasurer Valley, I would like to thank you and your staff for inviting us in your early planning stages. Discussion on the Communities in Motion process. I want to touch on the importance of collaboration, displays overheads and discusses the same. Discussion on the BLM that the City is in the process of obtaining. Discussion on a BLM land exchange. Mayor swears in Charles Trainer Charles Trainer, Community Planning Association, my comments will supplements comments submitted September 20,2007. My concern is that some could assume that the roadways shown for transportation are funded and they are not funded to date. Discussion on all of the projects in the Plan that need funding. The Plan will be updated in 20] O. Discussion on the Communities in Motion Plan. General discussion. Mayor swears is Bob Niccolls Bob Niccolls, 4238 N. Triple Ridge Place, I am here representing my family who reside in the City and the Area ofImpact, and I have not endorsed any Candidates in the upcoming election, I am totally neutral. Discussion on how the population will increase. Developers want their land to be annexed into the City of Eagle and I would like to see the control as close as possible. I continue to be impressed with what the City is doing. General discussion. Mayor swears in Phillip Fry Phillip Fry, 4122 Homer Road, right next to the North Foothills. Distributes written comments. I think this is a great Comp Plan. I would like to see the Comp Plan reduced. Provides an overview of his written comments and discusses conservation. General discussion. Mayor swears in John Rogers John Rogers, 2582 N. Eagle Road, I am a sales manager for SunCor, as a builder we do embrace conservation and we have made various attempts to accommodate the citizens of Eagle. [have seen the product of the efforts of SunCor elsewhere and A vimor is going to be their crown jewel. My wife and I are new residents to Eagle and we are going to raise our children here so we have a stake in the future of Eagle. I ask you to accept Avimor into the Eagle Comprehensive Plan. General discussion. Mayor swears in Christen Eschen Christen Eschen, 864 W. Westchester, I have grown up in the area and for the last three years I have worked in real estate. I wanted to become educated about M3. I am impressed with the M3 project. If you don't approve M3 you will still have the same traffic because of the development in the area. Why do I like M3, 35% open space, equestrian space and vineyards. Discussion on Eschen family wines. Discussion and sings about family wine. Mayor calls a recess at 8:20 p.m. Mayor reconvenes at 8:30 p.m. Mayor swears in John Petrovsky John Petrovsky, Chairman North Ada County Foothills Association, general discussion on aspects of the Comp Plan. Discusses the difference between the Community Plan and the M3 plan. We are not now nor have we ever been against development in the foothills. Development in the foothills is a negotiation. We ask that the City follow through with the Plan that developed from the community process. Mayor swears in C.J. Thompson Page 4 K\COUNCIL\l\lINUTES\Temporary Minutes Work Area\(,(,-IO-16-07min.doc C.J. Thompson, 4831 Willow Creek Road, I am one of the founders of the North Ada County Foothills Association. Discusses what the Association stands for. Discussion on what of development is being proposed in the foothills. The Avimor Plan is the right way to develop in the foothills, the M3 is not the way to develop in the foothills. Mayor swears in Robert Mortensen Robert Mortensen, 485 E. Riverside Drive, I am a resident of Star, I am a 5'" generation Idahoan, and I am an avid outdoorsman. [am grateful to work for Avimor and SunCor, they do care about conservation and wildlife. A master plan community is essential for the development of the foothills. Property holders have the right to use it. Mayor swears in Russell VanLiew Russell VanLiew, 97 Fisher Street, [ am a vision person, holds up two green apples; we need to compare apples to apples. There are a lot of discrepancies. One of my biggest concerns is Eagle Road. There are many reports on Eagle Road, they say Eagle Road will be from 5 to 2 lanes, I'm concerned about how many lanes will be on Eagle Road. Discussion on development for itself. There are still a lot of questions out there, why not wait? Planner Baird Spencer, discusses the map that is on the City website, that may is on the website because it was part of the original plan. The most information that you have received is accurate at this point in time. Discussion on Eagle Road. General discussion. Russell VanLiew, reads into the record testimony from his wife, Theresa VanLiew. Council Member Bastian displays all of the binders in regards to the comp plan and states that all of this information is a public record and is available to everyone; all you have to do is make a public records request to the City. Mayor swears in Heidi Patterson Heidi Patterson, 5529 W. School Ridge Road, my family has owned property in Eagle for over 30 years. Discussion on visualizing what the area would look like. I have sat in on meetings since this spring and must compliment the Nichole and the City for their efforts. Growth will happen and I want to compliment the City for the planning that they are doing. I support the Comp Plan Amendment because Eagle is going to get the impact and they need to have the control. Mayor swears in Allison Gilbreath Allison Gilbreath, 4838 Willow Creek Road, I shared this with the Planning and Zoning and I want to share it with you. Reads an article from the 2006 Leadership Conference entitled Careful What You Ask For, Arizona Growth Expert Warns into the record. Discussion on growth. Mayor swears in Joan Lyons Joan Lyons, 351 Knob Hill, I have lived in the foothills for 30 years. Discussion on M3 and the vineyards. If the vineyards are not there then 500 hundred would be built there. Discussion on growth. Mayor swears in Lida Fry Lida Fry, 4122 Homer Road, this affects me more than it affects most of the people here because ACHD will want land for a road. I have talked to Ada County and they favor higher density than the City. They also envision more commercial development. Ifthere is going to be development in the foothills Eagle should plan it and not Ada County. Page 5 K\COUNC1UMINUTES\Temporary Minutes Work Area\CT-10-16-07mindoc Mayor swears in Stew Churchwell Stew Churchwell, 8625 Bill Burns Road, Emmett, I know that you have put a lot in the Comp Plan. What I know something about is native plants, their restoration, and noxious weed issues. My company started planting of native plants on the Avimor project. This is an effort to restore wildlife habitat and prevent fires. Avimor has included significant open space on the project. This is a remarkable commitment from SunCor and is far above the bar that Mr. Brewer talked about earlier. They have done this because "they get it". Without this restoration this land is going to burn and this threateneds the homes and communities. Mayor swears in Saundra McDavid Saundra McDavid, 1297 N. Chaucer Way, reads a prepared statement into the record. Mayor swears in Rachel Weiner Rachel Weiner, 910 Main Street, Boise, I am here representing Idaho Smart Growth. Members of our organization will be affected by this plan. I am opposed for all of these applications to be combined. We would ask that you separate these applications and vote on each of them. These applications are not within the City of Eagle or the City Area of Impact. Eagle Code as adopted are not applied to these applications. Discussion on the Comp Plan. Discussion on growth in the foothills. Mayor swears in AI Shoustarian Al Shoustarian, Discusses the existing Comp Plan and the changes proposed in the Comp Plan. Discusses what a comp plan should do. Developers should not have input on a comp plan. We are doing things upside down. Infrastructure and public facilities are missing in the comp plan. My suggestion is to have an outsider with no involvement draw the comprehensive plan. Displays overheads and discusses the same. Mayor swears in Gilbert Simpson Gilbert Simpson, 837 Hialeah, I found the City's website informative. Displays a flyer from M3 that was on his doorstep. 1 grew up on property in the County that had a well and septic and that property wasn't able to be developed until water and sewer was available. I would urge proceeding slowly and try to envision a head of time. When you put development ahead of infrastructure you have accidents, we need to look at transportation a head of time. 1 am happy to say that the City of Eagle has not raised my taxes; maybe you should have to buy water systems and city halls. Development needs to pay its way and I hope that the Legislature takes a look at that. Mayor swears in Guy Hendrickson Guy Hendrickson, 1772 Lakemoor Way, thanks for creating the process for the foothills development and I support what you are doing. I am worried about traffic. I think the City is in the best position to manage that. I would like you to include all of the Avimor property. I would like to see requirements for infrastructure. I would like to see the developers held hostage for the infrastructure. 1 would urge you to approve the original plan and make the decisions on the density. I would also like to see natural open space and trails. Separating out Avimor and M3 is the right thing to do. Mayor swears in Miguel Legarreta Miguel Legarreta, 9505 N. Bethel Court, Boise, I am here representing the Ada County Association of Realtors, I am here to ask some questions. Have the applicants followed Page 6 K\CQLTNCIL\MINUTES\Temporary Minutes Work Area\CC-10-16-07mindoc procedure and the appropriate process, have they met the necessary qualifications, are the amendments comparable and compatible with the Comp Plan and was Idaho Law adhered to? If these types of questions have been answered and the due diligence necessary has been done by the Council then it would be appropriate to approve the amendment to the Comp Plan. Mayor swears in Terry Christensen Terry Christenson, ] 094 E. Covey Run Court, one of my main concerns is potential this could go into the County. I am very pleased with Eagle and their eye for detail and the development in the area. This is not going to happen over night and could be 30 years down the road before something substantial is going to happen. We are here to focus on the Comp Plan. Change is coming and having an opportunity to control that is inevitable. Mayor swears in Michael Huffaker Michael Huffaker, 1753 N. Chaucer Way, I support a lot of previous comments. Discusses the music program at Eagle High School and the choirs. What kind of legacy are the developers going to be leaving for us? We don't know what legacy they are going to leave and I am very concerned about that. I am in favor of the City being involved in the process and it would be important for the City to control this. I appreciate the work of Keith Allred. Mr. Allred's report was full of cautionary statements. It is important to have all of the information available before proceeding. General discussion. Mayor swears in Eric McLaughlin Eric McLaughlin, 1101 N. 15th, Boise, I am not a resident of Eagle but I grew up in the area. started coming to the Eagle City Council meetings because I am involved in wine industries, restaurants in the area and the wine district in Eagle. I am interested in the fact that M3 has proposed a potential vine yard in their area. I contacted M3 to see if I could look at their property in regards to developing vine yards. I was pretty amazed as how much viable and ideal vine yard land is available in the area. The economic development and impact this would bring to the area is great. Mayor swears in Gary Cunningham Gary Cunningham, 5900 Pearl Road, I am here to talk about the vineyard industry. I have property that has vineyards that will produce 7,000 cases of wine this fall. There is good vineyard ground on the M3 property and more importantly there is exceptional vineyard ground north of Eagle. Mayor: we will keep this Public Hearing open and continue it to October 23, 2007 at 6:00 p.m. Mayor calls a recess at 10:20 p.m. Mayor reconvenes at 10:30 p.m. 7. NEW BUSINESS: A. Ordinance No. 558 (Lonesome Dove): An ordinance annexing certain real property situated in the unincorporated area of Ada County, Idaho, and contiguous to the corporate limits of the City of Eagle, to the City of Eagle, Idaho; establishing the zoning classification of said real property described herein; amending the zoning map of the City of Eagle to reflect said changes; directing that copies of this ordinance be filed as provided by law; and providing an effective date. (WEV) Mayor introduces the issue. Page 7 K.\COUNCILIMINUTES\Temporary Minutes Work Area\(C-IO-16_07min doc Nordstrom reads Ordinance #558 by title only. Nordstrom moves, pursuant to Idaho Code, Section 50-902, that the rule requiring Ordinances to be read on three different days with one reading to be in full be dispensed with, and that Ordinance #558 be considered after being read once by title only. Seconded by Bandy. ALL AYES: MOTION CARRIES...... Nordstrom moves that Ordinance #558 be adopted. Seconded by Guerber. Bastian: AYE; Guerber: A YEj Nordstrom: A YEj Bandy: AYE: ALL AYES: MOTION CARRIES................ .. B. Discussion of reward monev for information on vandalized DroDertv. (SKB) Mayor introduces the issue. Bastian moves to reward Steffan Russell and Marcus Ahrens, two teenagers who cooperated with the Sheriff's Office to provide prosecution of individuals who vandalized certain places within the City, and that they each share in the $500.00 award, $250.00 each. Seconded by Nordstrom. Discussion. Bastian: AYE; Guerber: AYE; Nordstrom: AYEj Bandy: AYE: ALL AYES: MOTION CARRIES.................. 8. ADJOURNMENT: Bastian moves to adjourn. Seconded by Guerber. ALL AYE: MOTION CARRIES... Hearing no further business, the Council meeting adjourned at 10:30 p.m. Respectfully submitted: j Q, C<-L., \L.(J,,~ -SHARON K. BERGMANN CITY CLERK/TREASURER ",..........,.. "",. ~ BAGl ..... " .\ 0 ......... ~ ". ,~, -.. I...""... ..OtlA 7'~... ... ". .. r.. ~" .... . = "-'e 0 .: . . . . : : c ,_' ;:: : : .. ~ G p..\..~:o: ~,.. '. c.. P QI ~ ~ '" . /'v ~ ~<f(;J' .... ~ ...~ ..~('ORPO"''''''.n'\ ,:; '., ~' ........ \.V ," "" l';J TE O~ "" " ,., ""."11"" A TRANSCRIBABLE RECORD OF THIS MEETING IS A V AILABLE AT EAGLE CITY HALL Page 8 K:\COUNCIL\lvfINUTES\Temporary Minutes Work Area\C'f -1 O~[6-07min_doc OFFICE -MEDICAL OFFICE �-1,000-400,000 S.F. ■ OFFICE 1,000-100,000 S.F. OFFICE -MEDICAL OFFICE 1,000-400,000 S.F. 1 RECEIVED & FILED CITY OF EAGLE File: Mr I o ZUU? Comparison of the Projected Employment at 1,11: -;-Eagle at Full Build -Out of the Project to the Current Laraest Employers in the Bois, MSAite to: Building 11 Ja i Employer NameTotal Jobs Ft Sq Emolovmet Employee Micron Technology, Inc. 10,600 2,377,000 577,000 1,074 537 St. Luke's Health System 6.400 500,000 4,000 125 Mountain Home Air Force Base 5,250 Boise School District 4,000 Hewlett-Packard Company 4.000 J.R. Simplot Co. 3.500 30,000 300 100 69.464 225 3 09 Projected Employment on the M3 -Eagle 3,492 Site at Full Build -Out of the Project Saint Alphonsus Regional Medical Center 3 143 350,000 2,100 167 Meridian School District 2.875 Albertsons A SUPERVALU Company 2.730 244.000 na Wal-Mart Stores, Inc. 2.400 Boise State University 2.206 Qwest 1,800 Idaho Dept. of Health and Welfare 1,800 DIRECTV, Inc. 1.700 Citi Cards (A division of Citigroup) 1,450 Nampa School District 1,400 City of Boise 1.400 The Amalgamated Sugar Company, LLC 1,377 Ada County 1,360 322,825 na Wells Fargo 1,335 Fred Meyer 1,200 Idaho Power Company 1 100 214,000 500 428 U.S. Bank 1,053 U.S. Postal Service 1.050 Idaho National Guard 1,000 T -Mobile USA, Inc. 850 Blue Cross of Idaho 800 MPC Computers 750 Mercy Medical Center 708 Regence BlueShield of Idaho 704 Winco Foods 700 Veterans Affairs Medical Center 700 Boise Cascade. LLC 700 62.300 564 110 Idaho Dept. of Commerce & Labor 690 Motive Power 670 West Valley Medical Center 525 Washington Group International 476 214.000 476 450 Plexus Corp. 400 Key Bank 357 M3 EAGLE MAJOR EMPLOYER LOCATIONS OFFICE -MEDICAL OFFICE �-1,000-400,000 S.F. ■ OFFICE 1,000-100,000 S.F. OFFICE -MEDICAL OFFICE 1,000-400,000 S.F. 1 RECEIVED & FILED CITY OF EAGLE File: Mr I o ZUU? Comparison of the Projected Employment at 1,11: -;-Eagle at Full Build -Out of the Project to the Current Laraest Employers in the Bois, MSAite to: Building 11 Ja i Employer NameTotal Jobs Ft Sq Emolovmet Employee Micron Technology, Inc. 10,600 2,377,000 577,000 1,074 537 St. Luke's Health System 6.400 500,000 4,000 125 Mountain Home Air Force Base 5,250 Boise School District 4,000 Hewlett-Packard Company 4.000 J.R. Simplot Co. 3.500 30,000 300 100 69.464 225 3 09 Projected Employment on the M3 -Eagle 3,492 Site at Full Build -Out of the Project Saint Alphonsus Regional Medical Center 3 143 350,000 2,100 167 Meridian School District 2.875 Albertsons A SUPERVALU Company 2.730 244.000 na Wal-Mart Stores, Inc. 2.400 Boise State University 2.206 Qwest 1,800 Idaho Dept. of Health and Welfare 1,800 DIRECTV, Inc. 1.700 Citi Cards (A division of Citigroup) 1,450 Nampa School District 1,400 City of Boise 1.400 The Amalgamated Sugar Company, LLC 1,377 Ada County 1,360 322,825 na Wells Fargo 1,335 Fred Meyer 1,200 Idaho Power Company 1 100 214,000 500 428 U.S. Bank 1,053 U.S. Postal Service 1.050 Idaho National Guard 1,000 T -Mobile USA, Inc. 850 Blue Cross of Idaho 800 MPC Computers 750 Mercy Medical Center 708 Regence BlueShield of Idaho 704 Winco Foods 700 Veterans Affairs Medical Center 700 Boise Cascade. LLC 700 62.300 564 110 Idaho Dept. of Commerce & Labor 690 Motive Power 670 West Valley Medical Center 525 Washington Group International 476 214.000 476 450 Plexus Corp. 400 Key Bank 357 M3 EAGLE MAJOR EMPLOYER LOCATIONS EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eagle 2. CPA -10-06 - Comprehensive Plan Map Amendment to establish a Designation of Foothills Cluster and Foothills Conservation, Avimor 3. CPA -8-06 - Comprehensive Plan Map Amendment to designate +/- 2,000 acres of BLM land as Public/Semi-Public 4. CPA -6 -07 -City of Eagle October 16, 2007 6:00 p.m. /-", B /b// co 1_.& s k 1 :Frj 44t -S 714 (_/1 Z'Al---7-11576//7:2:11( CI-C-StkUCttdki k(CAA V‹) iQ5C1 (1(44' Y -A,1)1 III-.aZ trir C,‘1\1c1.4.0,1 7/7 11 All her. ')-&" fl ftty'/'rG, - of (.06 W /JC/ -)41 q Tr, ,o/ e- Q d( e 5� 5>i ,r / // age 4-44- 72 3 ►< K LfIZ2 1JCi'Wy1 C S Ito" y C-7 I EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eagle 2. CPA -10-06 - Comprehensive Plan Map Amendment to establish a Designation of Foothills Cluster and Foothills Conservation. Avimor 3. CPA -8-06 - Comprehensive Plan Map Amendment to designate +/- 2,000 acres of BLM land as Public/Semi-Public 4. CPA-6-07-Citv of Eagle M o re.vi se -71 �1 \CV„/(4geZ"e,,.64t1-- S e‹,cLi airivelet,)/4 ''d/ / . c /--7, ( -1E/31(0,(1\_i October 16, 2007 6:00 p.m. V_)(1 k3 ) 3u rvc4C.4, E LLI LL( f 1 7 /3 <K3 G/ `7 /303 z,' yam, hfi�Z -'3 s' 3 ? 1 1 I 1+15 t VZI6.:410. Crltitwcr� / ✓ l, -o<!1 1f N IV\MSkYMA fyl vJ !� �l e,,LLL 2 Lv 1A oG 101 v , . 1)(4, c ft._ hz \ 0— i7 sC NC) ,,c evO EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eagle 2. CPA -10-06 - Comprehensive Plan Man Amendment to establish a Designation of Foothills Cluster and Foothills Conservation. Avimor 3. CPA -8-06 - Comprehensive Plan Map Amendment to designate +/- 2.000 acres of BLM land as Public/Semi-Public 4. CPA-6-07-Citv of Eagle October 16. 2007 6:00 p.m. ADDRESS/ NAME TELEPHONE/E-MAIL — Ur. ��l�r,4 i CC ta&-- J� eCte Y 1\ -VW cam. Su_ A- \CL{La( 1( L,d1rx.- 512 72 •3$ -rte 7,55' -/3k3 X 7 4 2K-( k(5 r - 5/ L A q 1) EC-0— es �L¢. fi-r,-y Cri. 3 1 G 2 C,, -J r.. 0-- 6/3`?-. 6zgS TESTIFY YES/NO? PRO/CON 7c YeS Cro \ 9 EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eag 2. CPA -10-06 - Comnrehensive Plan Man Amendment to establish a Designation of Foothills Cluster and Foothills Conservation. Avimor 3. CPA -8-06 - Comprehensive Plan Man Amendment to desienate +/- 2.000 acres of BLM land as Public/Semi-Public 4. CPA -6 -07 -City of Eagk NAME ttt�fuc( /741 (7�/d M /11,,11/2 /) L/ Gov2,)--\ /I/GCC en4t-a2 Y Tti‘i/ Cii-C((- i b-GC,ILLYk 1/00{A-53 Zcl-4\ _A\ S I AL( I-ID4-1 J C L1'Y �/ �, . N G1eivii October 16, 2007 6:00 p.m. ADDRESS/ TELEPHONE/E-MAIL 7 3 Z ' (/lc„ c((fi [ a. /01 ( ID 8L- 71722 Ai e-1./(1-6.4(.:_ G'iu6( 7-t. 5 7L,_, F:l cs-s-W `71LS y - TESTIFY YES/NO? PRO/CON �e N 2 6 k , 17 dir • (AA / iicS ��q. n�e._ 2 r7 (c C4N -K \ 'CA . A(' e`er, Cy S� t�(C C_ -c cel 1((/ /. a:7 4C\ r( .. ►!- 6-'1 � cam, e/k Ce. It C yq ((1' ff� Fr r) EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eae1e 2. CPA -10-06 - Comprehensive Plan Map Amendment to establish a Designation of Foothills Cluster and Foothills Conservation, Avimor 3. CPA -8-06 - Comprehensive Plan Map Amendment to designate +/- 2,000 acres of BLM land as Public/Semi-Public 4. CPA-6-07-Citv of Eaele NAME atuur rc4 (1 A 4 V 10 ✓A� 5 hw 54Ur;o0 21 (110 vt .c 4.- A L_(� ,7 0 f 1,/ 1,t.1'";lc71\() )1t)eq (1(1.: 1)41 V 1?)CULk-t' �f le ii -`I � I ����� fu6:)s ty / /A_ V-ey 0 o (Le„. October 16. 2007 6:00 p.m. ADDRESS/ TELEPHONE/E-MAIL I)-cf? At ()lower ti6•Ijie r 837 (_) , J� mf vl) - TA/ 1 o too• &sLukz `/ _5"-`1b j �r 'L 7zcif N -S P 0(1 (--cr-c-L 6o3 e 11-,373— V `u v r-eA1 c re r r it r i, z,.; C,49 r ra m et- 6:11 TESTIFY YES/NO? PRO/CON \G S. P,20 c,».1) S S EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eagle 2. CPA -10-06 - Comprehensive Plan Mao Amendment to establish a Designation of Foothills Cluster and Foothills Conservation. Avimor 3. CPA -8-06 - Comprehensive Plan Map Amendment to designate +/- 2.000 acres of BLM land as Public/Semi-Public 4. CPA-6-07-Citv of Eazle NAME P1 OLE= IL? I ��Ll U•) (L l o" k),\ October 16, 2007 6:00 p.m. ADDRESS/ TESTIFY TELEPHONE/E-MAIL YES/NO? PRO/CON 12u le_ (S 70 . ( .1-0v L t( (RAL Lt 2 %T 0 2a( (,L (2� x/) Com;i Lev, e 7 /7 A.3 C,-r7idt Co „n . V// W sky C,e'�Cd Z �.7� A) e-6(4--/ e ��� / ZO S/0Llek,i< (c/ /v2-) At n/k777/- 9i'6-74 �- L '- 0-04) EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eagle 2. CPA -10-06 - Comprehensive Plan Man Amendment to establish a Designation of Foothills Cluster and Foothills Conservation, Avimor 3. CPA -8-06 - Comprehensive Plan Map Amendment to designate +/- 2,000 acres of BLM land as Public/Semi-Public 4. CPA -6 -07 -City of Eagle NAME 701\1-\ &AsL. v4Q u 11 U 13 I CL•ti` kwl ecf f( ll(4'{f (Ie (44.+cr,1rCrV' gA+avie D October 16, 2007 6:00 p.m. ADDRESS/ TESTIFY TELEPHONE/E-MAIL YES/NO? PRO/CON 3 l„ (J -E -(G,_ „ 11 20 cfyA Ltso\Wkr' GrusScc t74 �. t( i7 V --km 7 Iz t kIr,sem.; L r e cc, ir- i� cti cJI4 Z3 a 4- O 'I, )4 \ L LVA) (S , ti ul \_\J" -2_t_-1 Si '611 ici-f /Uo ,Jo Co v\ Ipk6 rry C4TJ Co o 0 C o 1� 710 CO NC eL J EA (7 1 If ���/4 EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eav 2. CPA -10-06 - Comprehensive Plan Map Amendment to establish a Designation of Foothills Cluster and Foothills Conservation, Avimor 3. CPA -8-06 - Comprehensive Plan Map Amendment to desisnate +/- 2,000 acres of BLM land as Public/Semi-Public 4. CPA -6 -07 -City of Eagk NAME aSt October 16, 2007 6:00 p.m. ADDRESS/ TELEPHONE/E-MAIL I V1R L v >>• -7)(z_ 1 �. 5-0 5 C LJ r c-Lac)L 6- l) 57i5 (O(Leet(62y oc\.,,N 4741 /74/7 L a y 1 � r - „. t c) l � I ,Z.2; - �''��l 11-N - c\s, 0 `/ .r ' / f y `/ <�J TESTIFY YES/NO? PRO/CON 0 Y1 /: -/ '74 f'% C = /, 2 Lai 0 A/ (Gl% x' ze //) C t (— EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eagle 2. CPA -10-06 - Comprehensive Plan Man Amendment to establish a Designation of Foothills Cluster and Foothills Conservation, Avimor 3. CPA -8-06 - Comprehensive Plan Map Amendment to designate +/- 2,000 acres of BLM land as Public/Semi-Public 4. CPA-6-07-Citv of Eagle NAME 1----iid Siul by Orr October 16, 2007 6:00 D.M. ADDRESS/ TESTIFY. TELEPHONE/E-MAIL YES/NO? 2, (PRO/CON j7S E. Str-l=wcJtem l9 , /L S36 Hi 210`1 av-(1/1 .2 Slc, E.13 C'aco,\ 2 i Ce 2 IQ & v e L -OIs GU&k hoau1n�� ��r, 4r' c a C-0011 jer c; -67,re G471- /\ 1oye( ?&1C o,p' /qAJoo 7ij`',ocvq` (1742 4S L) rf- 07 /d'JJ /V, 4,1 J c., ��> :r)?LTi, 3 3 Pro Y Co,t) PR 6 EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eagle 2. CPA -10-06 - Comprehensive Plan Man Amendment to establish a Designation of Foothills Cluster and Foothills Conservation, Avimor 3. CPA -8-06 - Comprehensive Plan Map Amendment to designate +/- 2,000 acres of BLM land as Public/Semi-Public 4. CPA -6 -07 -City of Eagie NAME elle L K1L A.2( ec( F/ !mac October 16, 2007 6:00 p.m. ADDRESS/ TELEPHONE/E-MAIL 1Fn (%), (3c 0 z.lar, 13 7-7 N /144 -iv): c/ e L- �U2) SC.c1 4-u moi`r'L6t4-7(Uc����c� i C% /`) "7 .4/ix: sj cr z-;fl1fr�/ ft 6/ G — h , c Cl C-' %i' ail • e C i vti l (",()1 (Cz.t' (/LcG'C ti c c� «ll1'1 tcicd(c i V 7Gtn(�'1, 06-r‘bu,4 'T64 Cold \kf(etl?cf )./d/4 ik° PayQc zi6V ,c-71/&re Lt, 3L lc���ucs (-)1 /4, E� 2 eT Nrs`T 0 `,_L „1,., C_ I - TESTIFY YES/NO? PRO/CON y. Cog 11 EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eagle 2. CPA -10-06 - Comprehensive Plan Map Amendment to establish a Designation of Foothills Cluster and Foothills Conservation. Avimor 3. CPA -8-06 - Comprehensive Plan Man Amendment to designate +/- 2,000 acres of BLM land as Public/Semi-Public 4. CPA-6-07-Citv of Eaule October 16. 2007 6:00 p.m. ADDRESS/ NAME TELEPHONE/E-MAIL L7k l�Qkik( ta4.(_,S 4 ru c) 6d -'v , ,1 k71< - f f Litw..ro. NAM- \/14,,f/hp cAl / 3tivo _24-c 0(j_.,< TESTIF YES/N A0 60)- /k0 )279 L1,. STI i kL (1 - le . Z75 . (? 7e 40k- /=a /- \\'` 1- .2/20 ;ti)q6/4.-Vbg 4-53( (4)r 4 y P4) C CoYN CG/t/ cti t4c-ki\ 124, EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eagle 2. CPA -10-06 - Comprehensive Plan Man Amendment to establish a Designation of Foothills Cluster and Foothills Conservation, Avimor 3. CPA -8-06 - Comprehensive Plan Map Amendment to designate +/- 2,000 acres of BLM land as Public/Semi-Public 4. CPA -6 -07 -City of Eagle NAME -�� 731>c4 -U,# October 16, 2007 6:00 p.m. ADDRESS/ TELEPHONE/E-MAIL �3c W rtt r" B39- , � nr,es 5 . C or•^. -tn idu ue .14:AA `1// 44/I SLS" / 3 > > ,,� 77/6;X-7/1) J v' C1 f377y / cr E, 42&•—• TESTIFY YES/NO? % %flani t PRO/CON CILIA c axe 6GN zp % .11o,;,,, -/r7 C0%0 cvi cas I n 9cg1 n1 X115f 3&r , k37oz /6 //D ir GG 37/1/ iO 7/ _ ' ST4/_' ) e 3 3(,(t A, 0 CG&I C r-�/ EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eaple 2. CPA -10-06 - Comprehensive Plan Map Amendment to establish a Designation of Foothills Cluster and Foothills Conservation, Avimor 3. CPA -8-06 - Comprehensive Plan Map Amendment to designate +/- 2,000 acres of BLM land as Public/Semi-Public 4. CPA -6 -07 -City of Eaele October 16, 2007 6:00 p.m. ADDRESS/ NAME TELEPHONE/E-MAIL (\;) K._) �1e,4'( 11 11 het PCAAA c '`)105 1)«-62(', f r=_ A-6- 7 ;) Los Lau L Y ‘b7C N )Y6oi,e�2 (.� L .0;:_.;2 \ 3 c7 G— ) I,'' a. --k ('t . rc - J '-J )/(/ � A 1, 2_ ((,v b`Eek e_iC(0+IIAto 64 GiG7). i (-/ 4 2 10. c---c,ii, c - 1 ,,-:k L Mi id/& -0 `ly TESTIFY YES/NO? PRO/CON f> N� Ccs= CooC� x rio ccN VlU 0U Cur co,J1 4-2 p 04 EAGLE CITY COUNCIL PUBLIC HEARING SIGN-UP SHEET 1. CPA-5-06/ZOA-3-06/A-14-06/RZ-19-06- M3 Eagle 2. CPA -10-06 - Comprehensive Plan Map Amendment to establish a Designation of Foothills Cluster and Foothills Conservation, Avimor 3. CPA -8-06 - Comprehensive Plan Map Amendment to designate +/- 2,000 acres of BLM land as Public/Semi-Public 4. CPA-6-07-Citv of Eagle NAME /t-471ii R f��t�,ZC.L, October 16, 2007 6:00 p.m. ADDRESS/ TESTIFY TELEPHONE/E-MAIL YES/NO? PRO/CON SY6 / th7/ /C (.'ti, 3 03 _S -7,-/t? ,,_ic AA) 061 /00 4-j L O Uc) I I .1) 7 h C, ,l'c Cif rl �*e4 c-3-'4 CC Eagle City Hall 660 E. Civic Ln./P.O. Box 1520 Eagle, Idaho 83616 (208) 939-6813 (ext.201) fax (208) 939-6827 A memo from the Deputy City Clerk To: Mayor & City Council CC: City Clerk From: Tracy E. Osborn, CMC Date: October 16, 2007 Re: ADDITION TO AGENDA Please add the following items to the Consent Agenda: Item 5H: Open Container Permit for Louie's Pizza & Italian Rest. to be used for the Chamber of Commerce After Hours Event of Mountain West Bank (1539 E. Iron Eagle Rd.) on October 25, 2007 from 2:00 pm to 7:00 p.m. Item 51: Open Container Permit for Louie's Pizza and Italian Rest. to be used for the ribbon cutting event for Title One Corp. (868 E. Riverside Ste. 100) on October 23, 2007 from 2:00 pm to 7:00 p.m. The applicant filed these applications at 4:30 today and is in hopes that Council will be able to accommodate this late submittal so that the above mentioned may take place. service with a smile! C --'2-0 7 'lam. EC; CDrri 1111111111111110 P JThi 1 • . — ' _ ": - The Eagle City,Councif wi applicatiorisr • Zoning Cominsssion Rec9 • M3 M'Ap and Text A City UM Recreatiod 4v in;or Map and Text Amendment At r by the Council for- inclusion into Dn CiAlsContnryfr Plan. CPA -08-06: Planning &Zoning Com ss RecoMmex a�: Recommended ,000 acres BLM p •Public/Semi Public 4 '0) to approve the +- to be designated Ct7S OF the Coun = " .:q1j)15/3?-111; 2 \ : . ! 'SO323449000' ,<32,:y4,33 4?' I SI/3252124M 50230110103-V I SO326142306 17 317412 1/1 L2JrjJ rl I Two formal trail heads ,..rith parking Educational s specie 3 e 12 ?T' 1-4 CDLIfIdl : "":" "7. " •7- ;7' jltgEgtjfl e dty recognizes a mance of foothills will crette. the need /or significant improvem internally and externally tthrea.ThrimpCtIIOUI adequately assessed and distributed among the land owners foothills. The City and land owners should W establish a mechanism for the rev transportation [Oct/ asSociated Eagle Foothills..Ind the imptemen • Work witft ACHD, 1TOand/othIt er aficif rtieS tO p impact fees for Foothills All development provision of base mu • Those include: server imunrci pat tvater, , All development within the • ." - connect bathe City of Eagte unless otherwise indicated Development in the Foothill impacts it will have to the , • . 4 iitj .:1 • • r4.-4HIt i4r4,-...??-ents oox,: .4? tr+e total householc; pro!, 1.:2+ g-,ni,n,lu 202+11. - •-• • it+ 4 ye.xf (A.ArDel 22+0,1 ao,i 2225 the corntrinecl number. a.1.1 P-O0?+?niel tile.ifft?t+ +An 15 1.41. - 130,' O. of the groatt, pr0.1 . tee eily.e, oy tlTe next 25 to lo yea to, 2'805 1,7=17. th• ..-Ner 5 ear) vi'ere tru.'.7. in tha 31W .-.,it De built -out in 23 V2,3,3 h .1 Ite1iqlx?. too :.-; :.2.77.:+m1ena:ve Plan. , 12;21,401.S '0'01h -a e3r zroctl) projection pz-itv, 2005 312.31A ;Dr. caitfe 724c,—,i L'e projected unita. ev ge":y .p+7 -r. -Nat. Th.e. Cs...A.:77+,1.11N in Vici that Eagle from 2005 to 20 - n,31 e ? ern! Tile actual 10 year grov.tli rat., Pl+ --31Lict:1h r, foiecastixl growth. 1, ^.35 31 achieved 10 year arcmth ra e.3 3 25 yez- acctrinuratve ,?te 11.4', 3 41‘...1. w Potential Ma County Unita 200D to 2C130 artektang Focenies) • „ 6c000 50000 0 t 40000 30000 70000 0 City 02006 2030I W2003 2006 02000 00051 5 FJEirrrili PiE rinin J FEiccs _ Jl Priorities & Responsb' r Foothills Pia roundwater Protection & Supply ,: urrent developer studies within t e area aro rag r g. luation. All land uses are predinhadrrrtiera a?:tyd •apage 9i„ IpWRalone.conts_watersgrts.. I _ !raffiC/Transpportation- at./ is working . ir n Aa -10 o a}'i. oothills Transporiatiort St;dv &-vrith nip on the H i^/ 55 corn v. - Ty. ACRO has asked tile Cityfor land. usesagd iialr t u. rider, to move fan•iard t'iittf this study:n uthoriiv_over Roads.. Open : Space; Preservation This plan tau sf, (oration and minimum area for ha{ntafa L p ro, Foothil(st The Gty is i.orkirg ciitfi I0 jr;_ r r '•J' ,lathe :regi . af•opert City J> clrr 'J)cJrl This EJJpli:JCiJn ; 'the ir!Cl'Jfiir! Jr CrJ= FJJShllls =J the U2dl_lte 'tC the `.ittirJg :pl In rc Jd !r J intrE]strutrure/fJdlitiez, Jpen tfJri p italt1Jr1, Jr1Cl i jrl 'l/illi:'. :.._ FJo'triill�. 6 Eagle Foothills Study Area PiEirirling Pf Jc1; Mr: r,f1S11E Df • •Prlvr'�� i>> l i.'i it lic ii�Jrin�s, Jr h flan The Plan is base on upon t e opportuni n r iri mam. -. Draft City Foothi Rewnirgencled by Eagle P&Z Commis .2.1/fittirrw.r.JJ -if111.:;:EL111111j-:n 11 I 8 Pi lairs 1l 'tie Urzift City P1_Jri ::II: J.J.J -) IJI:i :_ l_J lI'JJs iJIJI�IJ_ tymAr 9 _Eigle ryj?tiil1J -J r i iL: L Rural Transe 4414111efinnsi/ 0 �of W (oda, including Wools ansutaMe to soniement duo to totggraooy, h vegetation. 4i[lWes Egftl . ULM noodMay �J�Jc1J1 J!JJUIJJIJ rrEJroe: L 10 .:�f :'.! .; 511!1'1! �•._ ;Art w, 1'l EdV1JJftJJJrilLJJ!} in!a�:,c,bn; ;GSlim Ji; i;l]�rifi�L Jr_J'J; 1._ is�fiilL. 11 . .1 acres localq.d • . ter' • re . _ 12 J';1J�r}J1 I�y'7f1'JlJ�Jt1Jr �!1S�Jt1tJPJPtlPJ! JilJr��l'/JL'=J 'J�� i:��1J�f1JJI ,A. ,1JTlL1'gfJ&tlf1J tJkf1PJf1�J11 rJ Jt1.1Jf1JJPf1JJd r�Pl�JfS Acres Density % res denbal % non-residential Sq ft of non- residential Neighborhood Centers Bown Crossing 40-60 Acres 27 6 units/acre 5.6 units/acre Min. 50% (110 units) 72% Max 50% 28% Max. 150,000 sq Ft. 45, 872 sq ft 13 / )JJ _.. 1 -'"i =— r __ (sli r=r--rJE Lliir Er, iiJ fJFhJer) J �l� Jr1�'rJ> 111Jsi• jiil rrJ C'JrnlrrJJrilhy r�rir�r Community Centers Redstone Acres 100-150 Acres 1 Density 0 units/acre % resklential Max 2S% % non-residential Max 100% Sq ft of non -res Max. 350,000 sq Ft. Access n --I.:e direct State Nu 35 acres Center 65 Acres adjacent res,denaal 7.46 units/acre (gross) 70% 30% 250.000 sq ft 80 & SH 224 14 ncJ_Jrr`/ PuL rii 1 Jr 1 Ada County Density Targets Area Teva. acres minus open Develoomenl Target space A 13050 6 i 6 4 550 2 280 C 3 315 1,660 J 4 140 2 070 Total 25 055 12 530 tv ,:e Dense), Targets rn Area D includes exIsnng nouselg I 1'4)- .' .. -:' _-1JJt9JJJ'1111' `/a-11lJ1aJJ �!y :Jj.+I_1!1JJJ j IL) 11: Lj �1JJ.IJJ NjJ4 • 3J1.6a4 'JJ 1111 : J fes. 15 FrJ r_-,Drii,-,trEilrit-s'o.1-.31p JLJJ'1/1.7zip" 16 Lrzulr'Pliri'�li�i Canstralned/natural areas Should open spateareas. - recommenderl Areas ween 15% being other aper space In less constrained areas, open space may also Include - golf courses, common areas, setbacks and buffers. — POI eap nessedabze s sbncardsfor auwelopmet spat J#eas r.l r Cin of Eagle r0,11,11s Trod System I 1 T 7.i) 1.11111'f, 31sip:ii J Lei �: °i1� Jr r: 17 Improvements Not In Communities in Motion But needed for the City Foothills Plan SH 55 - 1 additional lane each direction (from Hwy 44 to County line) & grade -separated intersections between Beacon Lght Rd and Boise/Ada County line North Foothills roadway network between SH 16 and SH 55 to accommodate potential development Under Rd - 4/5 lane connection between Horner Rd to a new north foothills artenal Palmer Rd - 213 lane connection between Beacon LIgnt no to a -ew nprtn foothills artenal 11111_ ra! i/�:� TiII�'JnJtyl JqJ l,i�; ay'JI%lr riri Sill FIJFAJ rJ J FC;rISs(sjs f', I:. I, d �_-I 11/Bl./ - kit/ n!Ju% Uig; rH6israri iiffii thF..:... 18 Transportation Scenario Wing Eagle Qty Ptan Gty Plan Pius M3 C104) 60.049 (oticianai IMO units) . Model Year: 2030 • Eagle Un11s- 10,688 Addihon.1 777 8,104,ona, wr.1247, 105 48% growth rale over 27 years r1.TknenIj nual i growth rate Actual 8'I% annual 9,0840 rate Model Year 2030 Foothills Units: 12,800 40400011 unks/771 474 202% growth rate over 27 years Annual Growth ratr 2.5% Actual: 8.4% annual oronth rare • Model Year: l•lotlel Year 2030 7030 • ' Foothills Foothills 10,1300 Unitr' • .aildrionzl rxlit(717 68.5 277'.5 or rate over 77 1310 060)7 stars years g3n, j,:trndmzruai • Actual: 8.4% 87700 .1 3.97 80)7 growth el r. P AVifilDr 54 i4c1 um Imps. comP4,8,8 . 087 . E•pl• In CM PLtn ...a ita ..... ma w or NM near. 2330. 30 5-4 • 100". . scan a .... ..... • soot iv.. Nrethe PaIL Ilan OvervIm I., ka• 1, 19% 1, 411, 8.1, 37 V, 14, 0130130130 .........•:. .4 •••••• 12100 ..........., Ina Carnmossywore ‘,.... 88* 305* 254* /12* 344* 114* 788* irEiropDrLErcipri EAU-Th-1-1E1i/ _ -FriereviJI Pie mgrs.-. trips Itiirrjer will be cEipti_iret.1 int'ne Cit/ thin ever PeTpre (less jr! th•a• :rJ rpEitis 111110111)nd ":::rpt;t: stLirititrips fpt..-us in ry `;'.iver Crp2;iiing 19 ) J r. - Aci-JJ EYE/ ter }Ei J 1.1,.;e2E, Did lini S lrl r,r,„1-�" ;Ur'm..iri ;iri:l_ P. i5 rp with lTD & A Formalize Access Management Plan; for SH ,4 & 20/26 - Area Plan Continue to work together on SI Corridor Plan (Including a management as proposed m the Draft city Plan} • Move forward with the r crth Feel1115 Transportation Plan (esta roadway needs & casts in the foothills) Work to uY.ablish extraordinary impact tee district, latecomers fees or alternates funding options for on &off site improvement' associated with the tooth IIs Work with ACHD & ITD to establish a process for the r development plans and phasing plans to Identify neves improvements for inclusion in development agreeMen Uy;,r.,r,;;,. i,r,lyd.i TIP deveiopmeht and imprerrentaton for the existing city art •ad typology & LOS) a FM'h Afr111: • _reR^11 • � + �0SCA* Qr6i. ®ir rZtr 20 1m 1: a:LE: id 2J.Lid pJJ 11.1 !-jr_)!JJJ:r.I., JjI :IL/111,,,11"J JJr JJiJ11.1.11L! -, J5JFS!•%'..,!1!!.1 !).11 h111 f....".7; S.; 1:0.1 •ft.ik•Ilf Ore erilliqn.' . . „ . odditional land use appiltdifottc, pp labile heartnip , 21 I'm CJ Thompson; 1 live in the foothills at 4831 Willow Creek Road. anted nd/ h e Pr cess paki6uiar k othr-eofte e op • •rtu been ore f ',ringerp lic t w of'one a • nit, is j • prop timo P s these remarks st to late t • igh ast or etter or ha. • een alto ed, 's 4- - hour • res = ntati n. even it 1 run a lith over. I'm one of the founders of the North Ada County Foothills Assn. Some NACFA positions have been seriously misrepresented at various points, so I want to reiterate our principles...which are the same today as they were when we began 5 years ago. Since then, we've had the same message: We understand the community is growing. We support solid planning for the entire foothills area. We feel very strongly that existing neighborhoods—including the rural and large -lot areas—must be protected. They should not be collateral damage to new development. We insist that growth pay its fair share. We oppose subsidizing correction of development impacts through increases to our taxes. We believe that development should proceed only if we are very, very sure that the water needed to serve new development will not diminish supplies for current residents, especially those who have private wells. We advocate passionately that the beauty of our foothills be preserved...that we must retain large expanses of contiguous open space for wildlife and for the traditional recreation uses that, due to the generosity of previous landowners, have existed in our foothills for decades. In short, NACFA has supported moderate, sensitive development...such as clustering units and conservation subdivisions...development that recognizes, perpetuates and further promotes the community values that make Eagle the best place to live in the entire Valley. You've heard from two applicants about their plans for foothills development...and those plans could not be more different. One applicant listened to citizens, listened to the land and hopes to blend with and enhance our community. The second wants to transform our cherished foothills into a new city...a city with 20 units an acre density...at who knows how many stories...in some areas. A new city that, at best, cares only grudgingly about resident wildlife...that nods at big game and ignores raptors and smaller mammals. You heard one applicant talk about 65-70% open space, comprehensive wildlife studies, preservation and restoration of habitat, protection of migration corridors, revegetation with native and xeric species and minimal turf around houses. ► lc cO'C � � 4 tk, The other applicant doesn't ..but does u,00,4, 1.6 million square feet of commercial space, 500 hotel rooms and 2 golf courses. You he priori on app cant - scriib his co pany' long hi alit resid - tial c nstruct' • n. h: othtrwill :ctuall , d o sad":cent t build j`ess tha 100 uses public land— tiers. One applicant can easily explain how his proposal conforms to the foothills plan coming out of the community. In fact, his plan actually goes the community one better in critical areas like open space and habitat. You heard the other applicant slice and dice and spin...working hard to convince you that his proposal meets even the minimums of the community plan. And after all that talk, we're still left with a proposal that violates the community plan on total number of units, on number of units/acre, and on open space percentage. Most objectionably, that proposal locates the most intense development -1.3 million square feet of commercial space and 3400 houses -40 to 60% of the total houses requested -right smack dab in the middle of the foothills...when the community plan designates that very area as the priority location for open space and habitat. There's a right way and a wrong way to develop in the foothills. The Avimor plan is the right way...over 30-40 years, blending the new with the old and respecting the natural. The M3 Eagle plan is the wrong way...imposing dense housing, hotels, golf courses and mall -sized commercial space on this treasured, vibrant environment. Do we really want Scottsdale built in the foothills? And let's tell it straight: The economics M3 Eagle submitted don't pan out. With very limited analysis time, Dr. Reading found major flaws which, for Eagle, changed M3's promised $30 million surplus to, at best, breakeven. And Dr. Reading didn't talk about the cost of the State Highway 16 upgrade, where the M3 development fronts. It's over $640 million. He didn't talk about the over -crowding in our schools...or the hundreds of millions in bonds for new schools added on to our property taxes. Bottom line, Dr. Reading found big red flags analyzing the M3 economics. In closing, 1 want to thank you for the incredible time and effort the City—particularly Nichoel-has spent planning for the foothills. The vision that emerged from the City's process reflects the values of our community. However, 1 do urge you to make one very important change: reconsider the open space requirements and change the plan to better provide for wildlife by returning to the 40% natural open space requirement the subcommittee recommended. I think density bonuses may be the way to get to there. The community plan is an excellent beginning, from which we need to address—specifically, in detail, and with implementing ordinances and new funding vehicles—the hard issues of transportation, schools, water, open space and habitat. As 1 see it, the questions before you are essentially these: Will you be faithful to your plan and your community? Will you make sure that the right kind of development occurs in our foothills...or will the first developer get a pass and start building Scottsdale, Idaho? Please...leave a legacy to Eagle...one that cherishes our traditions, our people, our wildlife and the beauty of our foothills. Thank you for your attention. 1 Comments to Eagle's Comp. Flan update for N. Foothills for 16 Oct. '07 by Phil Fry, phone 939-9267, EMAIL idphil@earthlink.net This is a great Comp. Plan. Your review packets already have my May. comments to P&Z on reducing the size, and various improvements, including commitments to visual considerations, informing the public, and using eminent domain only for public uses. But strategically, the Eagle Comp. Plan should have two primary goals for growth in the foothills: the creation of a viable community not a sea of homes, and conservation of natural resources including water, energy, air quality, waste management, beauty, and wildlife with habitat. Your leadership could even start Eagle toward a more inspired goal, that of a self- sufficient "green" community but that will take a more studied approach. I think many residents would be supportive. A viable community needs a sense of place, population concentration, isolation, and shared interests including recreation, services, and schools. Eagle's planning is doing this well. Density trades must allow the needed community densities, and should allow no homes in huge wildlife corridors. The M3 & Avimor core developments provide the needed concentration and must have lower density building spread through the foothills. Other Eagle areas are missing some needed attributes and will only be homes unless Eagle can provide better incentives. Conservation of natural resources is becoming the crisis of our time, and requires upfront economic incentives and penalties for resource usage, combined with building standards requiring built-in resource efficiency. This Comp. Plan has many pleas for needed planning, i.e. guidance and only a few business -as -usual conservation statements on monitoring wells, dual water systems, pressure irrigation, basic fees, efficient irrigation, turf limits, effluent reuse,.a-. These statements have little impact on conservation, and lack needed vision and leadership. Eagle cannot afford to form more committees to study conservation issues for years before even considering effective conservation. Eagle has talented staff who already know good conservation approaches. Listen to them and start the needed conservation now and make future adjustments as needed. The M3 -Eagle conservation requirements are much more effective, and should be applied and back fit to the whole of Eagle. Those 8,000 homes are just a start. And if Eagle can't justify a commitment to conservation now, then what criteria will? If we keep waiting for someone else to act, then no one will. The knowledgeable experts believe we must start now ( e.g. see the movie "The 11th Hour"). And the cities have a better chance to start a bottom up conservation because they are less hampered by the business obligations and special interest lobbyists that have paralyzed for decades the conservation efforts by Federal, State and County governments. And if Eagle waits for obvious depletion, it is too late; you will have allowed Eagle to double in size with buildings that will continue the depletion. It will then take 20 more years to build to new standards and even longer to implement an effective hack fit (Arizona is almost 30 years into their back fit of water usage and continues more. phased constraints). And ail that time the resource depletion worsens. Now is the time to start conservation with Comp. Plan commitments, not after we have lost our resources, just in case conservation is not yet needed. Opinions on Issues: Future developments in the foothills will impact Eagle residents quality of life! Well of course, but this isn't solved by much that Eagle can do except slow it a few years causing Tess Eagle control, less Eagle benefit and less local mitigation. The N. Foothills will be developed eventually and impact us all. And the growth will be in Eagle and in the 2 valley. Idaho Power estimates growth to 2.4 million people (872,00D homes), and at the present growth that could be in the 2070's. Compass's notoriously low estimates see the valley nearly doubling to 825,000 people by 2030 with 100,000 added homes and that is without any building in the foothills. This growth will impact all our resources including transportation, wateri, power, air quality, and wildlife. If the N. Foothills 30,000 homes are developed in Eagle, the developers will fund much of the infrastructure and new residents will provide taxes for mitigation. Foothill developments will also take pressure off developing precious farmland and reduce the housing pressures driving cost increases. If the same development Mappens along the present roads throughout the valley, then our taxes will pay"for much Tore infrastructure at the more expensive costs of land and disruption in established neighborhoods and more farmland will become hcusing sprawl. And either way we are all payirig for upgrading the major roads. I vote for the development now planned in Eagle,as the Comp. Plat.)promotes. Future developments will impact water usage! Of course, but M3 studies using new wells show that there is enough water for their 8,160 homes and even for the planned 30,000 homes. And any near term study by IDWR or U of I will use the same inputs to reach similar conclusions. And many of the worried and vocal residents are on shallower aquifers which have been studied by IDWR and many found to have' inadequate wells, often in areas of poor water flow and maintained by surface irrigation. Most of us will be on municipal water someday. The problem here is that all municipal water users in the valley probably share the same aquifer, and all building in the valley is using that water. . So the question is not Eagle's 30,000 new homes, but the shared impact of the Valley's additional 100,000 homes all using that same or a connecting aquifer. No study is planned to look at that and no city or county is going to provide the necessary coordination to mitigate sucli impacts. The U of study is North of the Boise River as is the M3 study. And IDWR is still giving away water rights as usual, has formed a committee to show an interest, and has proposed plans to look at N. Eagle in 2009 to 2011?, if we send a lot of tax money. And the recent IDWR claim that the valley will support 8-10 million homes is a reckless exaggeration. I calculate this IDWR statement assumes we can veryiefficiently utilize every drop of precipitation in the Boise Basin on an average season without regard for droughts, future water allocation, underground losses to the Snake river, other basins, and geothermal regions, and the needed development of a huge unfunded infrastructure of dams and collecting basins (see Dept. of Interior 2006 report "Water 2025"). So this projected water impact requires a huge job by cities coordinating water conservation policies, which isn'tgoing to happen, by IDWR aiding cities in coordinating water policy, which "isn't their job", and legislature action, which isn't going to happen until we are see significant long term aquifer loss (study the 1980 Arizona water laws in reaction to years of falling aquifers and the tightening measures 27 years later). We need the political will now, which Eagle can start in a commitment in this Comp. Plan. For now we can only conserve, monitor wells and hope for the best. Traffic will be unacceptable! Well of course and we will develop roads as usual only long after needed. But the developments in the N. Foothills are not driving the traffic, its the expected growth in the valley. This growth is just spreading part of the valley's growth to the North vyhich will make the SH 55 and SH 16 widening and river crossings come earlier. We will all still have worsening rush hour traffic on the bypass and traveling to Boise and more people coming to' use Eagle's resources. The best we can do is use the increased taxes from growth to add facilities in Eagle -- if the impacting developments are in Eagle. Opinions on Conservation: Eagle was much greener when I grew up here, when each home had much less impact on the environment. My main concern is that future growth moderates use of the natural resources including water, energy, air quality, waste management, beauty, and wildlife with habitat. I am disappointed to see only small attempts in this Comp. Plan to promote conserving anything. Eagle, like IDWR and Ada County, is encouraging growth with few constraints, and plan no back fit of even those few constraints. M3's and Suncor's Arizona experience propose much more effective conservation constraints which Eagle finds attractive. But we all share the resources which are impacted, and to be effective, the same constraints must be applied in all of Eagle and all of the valley. Again Eagle should be a leader, because we have enjoyed the best quality of life in the Valley, and therefore have the most to lose with declining resources. Again, conservation requires coordination with all other valley governments. Such commitments start in this Comp. Plan. Methods. Eagle, M3 Suncor and other valley governments are choosing the bureaucratic approach to conservation: make lots of rules and new laws in a repulsive maze of legislation. This method should require a large additional effort of monitoring and enforcement, but certainly will force conformance to a city vision and is probably the only way to implement standards for zoning, visual conformity, grading, parking, and open spaces. But it inhibits individual creativity and vision. I am depressed and discouraged when I read the Las Vegas and Arizona water laws. Also this bureaucratic method is unfairly used because it forces implementation onto captive developers needing profits, it doesn't effectively control homeowner changes, -and because voting residents will put up with design rules which benefit them but don't don't back fit to them. The fairest and most effective way for long term control of resource usage is through consumer education and cost incentives with penalties controlled in the normal payment process. Then city departments can make residents aware of the benefits and define the adequate rates for typical resource usage, and penalties for excess usage. This encourages residents to; keep their homes efficient, and encourages builders to engineer efficient homes to sell them. Such incentives need considerations to prevent penalizing agriculture, larger families and lower income families. And most importantly the cost incentives and penalties must be set up NOW, before building occurs, to ensure that efficiency is built in. Such rate incentives must also apply to all new Eagle building, and apply to all older Eagle homes with reasonable delays to allow orderly back fit. This Comp. Plan should',commit to let the residents decide what they can afford and how to economize resource usage. Water. We must start, conserving water now because many indications suggest 2030 as a critical year. These include the Dept. of Interior 2006 report "Water 2025", Compass's estimates of 100,000 more homes with usage of twice the M3 estimate of water now exiting under Eagle, and many other considerations covered in my previous comment papers. And 2030 is about the time all the buildings now being planned are inhabited and consuming the resources. If we don't constrain aquifer use now it will not be constrained in 2030 and we will be trying to recover from overuse. Please don't burden future Eagle governments with an impossible problem you can mitigate now! How do we conserve water - with early application of water cost incentives as discussed above and with building restrictions (Le. CC&Rs. LEEDS, or Energy Star). We must also implement the same restrictions throughout Eagle, allowing older homes time to back fit conservation. And we must coordinate all such water restrictions with;all valley governments, which is the hardest political problem. But by 2040 ori 2050, contrary to IDWR statements, I can only expect to see the start of Arizona likeroblems and the need to back fit the conservation which Eagle could already have implemented. Energy. Idaho Power keeps sending me plans to reduce my electrical cai usage because added energy use will add more coal generators causing more planet warming, more earth resource depletion and more air quality impacts. And Global electrical consumption is expected to double by 2030. Future Eagle building must reduce energy usage in all forms. This can be implemented with more laws requiring energy efficient buildings, appliances and cars, and can be done more simply by city or county power bill surcharges for excess use of power and raising gas taxes. The Statesman opines the 25 cent gas tax is enough. I think Eagle should 'push for a gradual increase to much higher value with income tax rebates for lower income families. This might even help our road construction crisis. While this may require legislative approval, the Comp. Plan should commit to starting the process. . Such constraints must also be applied to all of Eagle allowing some time to back fit the necessary efficiency. Let the residents decide what they can afford by implementing a power use surcharge NOW. Air Quality. Studies show the key to air quality is reducing emissions and reducing energy use. Studies found the most effective approaches, by order of least cost, are energy efficient insulation, commercial vehicle emission controls and fuel economy, lighting efficiency, efficient water heaters, and automobile emission controls Ond fuel economy. And all these pay for themselves. I'll also add mass transit, which doesn't, pay for itself and cannot work without more population density, but that could happen in M3's community but nowhere else in Eagle. Again cost incentives and resident education are more effective and easier to manage. These can include valley wide gas taxes and penalties for excess energy use. Also the Ada County emission testing is a good start, but must be extended to the whole valley and improved. The Comp. Plan must promote these simple goals 'land promote coordination with other valley governments to implement such minimum constraints, with following ordinances. Waste Management. Managing waste means creating less waste; by economic use of our resources, and by recycling the waste we do generate, both trash and sewer. Again education and economic incentives are the most effective. Eagle must start a commitment to these goals in this Comp. Plan beyond the effluent reuse goat. Beauty and Wildlife with Habitat. Preserving the natural beauty and wildlife in the foothills is hopeless.in the long run except in isolated zones. Suburban residents will not put up with rodents, predators and "weeds" on their property; for long. The best we can do is educate, and concentrate the people to isolate them from the wildlifQ (see NACFAs "Frog Diagram"). But for as long as possible the Comp. Plan and ordinances must support a viable and balanced community of prey and predators, animals and birds, all with their supporting habitat. We need to use the Plan's density transfers to ensure no homes exist in huge wildlife corridors. We cannot just support federally designated animals and plants because its required, they are all at risk. i see no way to provide economic incentives here , so only bureaucratic rules seem effective and need a commitment in this Comp. Plan. This is an exciting time for our city of Eagle. We, today, right this minute, have a quality of life that is attracting developers from all over the country. We've allowed many of them to come to our city, convince us to change our comprehensive plan, and build the developments that they want to build. But we're now bordering on the edge of over taxing our schools, roads, water and air quality. All of which are things that will diminish our quality of life. The developers won't continue to come here if we do that. There are many concerns over the city's proposed comprehensive plan amendment that has been presented to you. You have heard many of those concerns addressed here tonight. I would like to focus on two concerns of mine. One is the plans for a city center in the foothills. According to the 2007 Comprehensive plan, p 26, the city has taken great care in preserving the downtown and central business district as the economic hub of the city. On Page 191 of the same plan it states that we are to reject any development that would establish another city center outside of the Central Business District. The t� Central Business District is defined as the primary economic base for the City of Eagle. ��� The M3 Eagle q l incorporates depending on which report you look at, 1.6 — 211 7 )tri) Million square feet of commercial area. In this commercial areaproposed—a-5-069i r) -S .4(,, room hotel (our existing Hilton Garden Inn has a mere 98 rooms.) a hospital, an equestrian c\41events center, a BSU satellite campus, community college, veterinary school; a performing arts r �g facility, cemetery and a myriad of retail and restaurants/Combine this with the proposed L 1)(' Wi 1 4 -5,000 — 8,000 homes and this sounds like a city within a city. An M3 City. But M3 is ?meld/ the calling it a Village Center. On Page 32 of the plan it states the definition of a Village L.t 500 Pr°(c Center. A village center contains an employment center with supporting residential, commercial, quasi -public and business uses. All uses shall be within walking distance from the employment center and should not distract from the Central Business District. The M3 plan is spread out over 6000 acres; there is no way that it fits the requirement of walking distance and we haven't heard anything from any mass employer that would offer jobs at a pay scale to support the residents in the M3 development. I would feel more comfortable with the M3 Commercial development if we were further along with our own Central Business District in downtown Eagle. We haven't even heard the presentation on the draft of the City's Urban Renewal Project. It is not time yet for a commercial project of M3's magnitude to be developed in our foothills. Why don't we wait and finalize the plans for our own city first. determine what we need to compliment our Central Business District and then encourage that development in the proposed annexed area to our North. My second concern revolves around the community input that went into the creation of the first draft of this plan. Councilman Bastian last week pointed out that hundreds of residents on many committees spent thousands of hours and had an unprecedented part in creating a foothills plan. What Councilman Bastian did not mention however, was that the Planning and Zoning Commission promptly changed the plan. And then M3 changed it again. The key concepts that were incorporated into the community -driven plan thus were voided. Where now is the voice of the people who had worked long hours on creating a foothills plan The city's process should be as follows: . . 1) The city approves a comprehensive plan that benefits the city and the city's current residents. 2) The city works with a developer to build what the city envisions. Unfortunately the city has allowed this process to progress backwards, with a developer changing the city's comprehensive plan for their own financial gain, at the expense of our residents. You likewise have people speaking here tonight in support of this comprehensive plan amendment who are testifying solely to ensure their financial gain, many of whom are not even Eagle residents. You as Councilmen have an opportunity at the end of the public testimony to make the right decision. Approve the comprehensive plan amendment as proposed by the citizen committees in conjunction with our city planners and then direct the M3 developer to revise its own plan to resemble more closely the guiding principles of the community -developed plan. cc, /44, •07 \Ctut\o, 6Ac(S 5‘ii, \l0Ilz, BOISE METRO CHAMBER OF OMMERCE EXECUTIVE SUMMARY KEY POINTS OFTHE 2006 LEADERSHIP CONFERENCE, TfitED `THE POWER OF CHOICE CHARTING OUR ECONOMIC, EDUCATION AND ENVIRONMENT FUTURES' Careful what you ask for, Arizona growth ex- pert marcs (details, page 1) One year later: $5 million raised to promote Valley economy (details, page 1) Top priority: get com- munity college (details, page 2) Treasure Valley by the numbers (details, page 2) Business is as business does (details, page 3) Plan for open space fust, then build (details, page 3) Theater and business search for creativity (details, page 3) .f - CAREFUL WHAT YOU ASK FOR, ARIZONA GROWTH EXPERT WARNS Morrison Institute researcher says 40 years of expansion has made Phoenix a hot city — literally A top Western growth expert dis- pensed sage advice, humor and regret at the Leadership Conference, saying the Boise metropolitan area could resemble Phoenix in several decades. In his keynote address, Grady Gam - mage drew many parallels between his home, Phoenix, and the Boise area. "Phoenix and Boise are similar in many ways. They're dominant urban areas with economies built on call centers, manufacturing, electronics and there are conservative state politics," Gammage told the 168 attendees at the confer- ence, held at Sun Valley Inn from April 30 -May 2. "The goals of our economic develop- ment policies were to encourage people to move to Phoenix and it didn't matter what jobs drew them. You're far enough behind us to ask if raw population growth alone is a sufficient policy." Gammage is a fellow attire Morrison Institute for Public Policy, a think tank at Arizona State University that provides In- formation and recommendations to busi- ness and political leaders. Despite its reputation for sprawl, Phoenix is reasonably compact, according to Gammage, and has a higher overall The future Treasure Valley? With a million people, it's hard to imagine the Boise metro area is in the same place Phoenix was 40 yens ago. density than Portland, Ore. The scarcity of water discour- ages leapfrog development. In fact, the region is a leader in water con- servation, retuming 4 million acre feet of water underground In the past decade and creating a huge "bank" for future growth. Treated wastewater is used on golf courses and to cool a nuclear reactor. Funding growth is easier be- cause many capital projects re- quire no public vote and others only a simple majority. But Phoenix struggles with its self image, Gammage said: "Some say it's a sea of red tile roofs and stucco - like Taco Bell ate the town." But population is leveling off and shrinkage is forecast Last year, 60,000 homes were built ; it's now down to 40,000. By 2025, more people will be leaving Arizona than arriving. (continued on page 2 bottom) ONE YEAR LATER: $5 MILLION RAISED TO PROMOTE VALLEY ECONOMY Valley Initiative for Prosperity to put Boise on footing with other regions competing for high paying jobs The 2006 Leadership Conference was both a celebration of success and acknowledgement of the serious work that lies ahead for economic development The success was raising $5 million for the Valley Initiative for Prosperity (VIP) a 5 -year effort to compete with other metropolitan areas. "This past year has seen a true metamor- phosis in our business community- in one short year, we have raised $5 million in the name of economic initiative and growth," said Doug Arm- strong, chairman of the Boise Valley Economic Partnership. "Now, we must move forward and put that money to use promoting our region to the na- tion and world." Local leaders are aware that some jobs con- tribute more to the community than others and they have designed ViP around creating 5,000 jobs that pay 30 percent above the Idaho average. To- ward that end, VIP seeks 25 new companies in the "best fit" target profile: computers/electronics, transportation, software, telecommunications, recreation equipment manufacturing, health care, biotechnology, nanotechnol- ogy and entrepreneurs/startups. ViP is also focused on retaining ex- isting businesses and nurturing local start- ups. Idaho's largest private employer, Mi- cron Technology, started as a small local company. Paul Hiller, of the Inland Empire Eco- nomic Partnership in Riverside, Calif., is the new executive director of BVEP and will be on board this fall. 2006 Leadership Conference Executive Summary ^- page 2 "Business andgovetnment leaders have done a good job thus far in securing and growing our economy. The challenge for us now is to build on that foundation and continue the success, while safeguarding our environment and quality of life. We've gone as far as we can go in taking air and water quality for granted and we must now seriously factor those into our economic expansion efforts, even as we reach for international markets." Dennis Johnson, United Heritage, Conference Chairman .9000. "If we understand our place in the global marketplace, we're going to come up with our own long-term economic vision. The things that stick out the most as red flags are the workforce, medical costs and being able to afford to live and work in a place." Elaine Clegg, Boise City Councilmember "We have political silos and we have to figure out how to get those silos to communicate with one another and implement all the good ideas we're talking about." Doug Halligan, HDR Engineering Top priority: Get a community. college Experts warn lack of dedicated community college jeopardizes prosperity In the prior 12 years of the Leadership Confer- ence, land use and transportation have tended to be the most urgent themes. Not this year, where talk of a Treasure Valley community college system was prominent in presen- tations and brainstroming sessions. This summer, a special Legislative committee is looking at the op- tions for setting up and funding a regional or state- wide community college system. Jerry Evans, former Superintendent of Public Instruction, told the conference that ldahoans cov- ered much the same territory 25 years ago, when a special committee recommended a statewide com- munity college system. "Since that time, there has been some tinkering by the Legislature and State Board of Education, but the bottom line is nothing has changed and the Treasure Valley and state are hampered by the lack of a meaningful community college system," Evans said. "Hopefully this time they will make the right decisions. We need to sit down and figure out how all of the parts and pieces fit together and come up with a plan for each of the six regions of Idaho to have a community college." John Hale, co-chair of the Intermountain Venture Forum, said a community college is crucial to attract- ing and keeping new businesses. "One of the first things a company asks is, 'Do you have a trained workforce,'" Hale said. "It affects retention - Micron would love to expand but they don't have the technicians they need. Something has to start today." Some of the lack of momentum on a community college may come from the fact that higher education seems well served already and other community col- leges operate in Idaho said Julie Johnson, with the University of Phoenix campus in Meridian. George lliff of Colliers International said getting a community college system in the Treasure Valley isn't a question of will, but of leadership. "There is the bricks and mortar available but we need the leadership to better understand the costs and this gets done," Iliff said. "What is the entry fee, what is it going to cost to create a sufficient scope of services and pay for professors and all the other costs that go into it. We need to have some idea of exactly what we're talking about" Working out a funding system will be challeng- ing, said Marc Johnson of the Gallatin Group. "We can talk all day about changing the govem- ment system for community colleges, but the folks in those communities that have them have made a long-term investment in the property tax system," Johnson said. -Treasure Valley 011ie numbers - The first annual Treasure Valley State of the Region report was unveiled at the Leadership Confer- ence. "We hope this becomes a tool to use as a way to start thinking like a Valley." said Boise State Uni- -versity professor Gregory Hill, who presented the report with professor Susan Mason. The report, which looks at 49 economic, social and environmental measurements, is among the first products of the new BSU Institute of Community and Regional Planning. The metro area is comprised of Ada, Boise, Canyon, Gem and Owyhee counties. Some interesting facts from the report: The area saw a 110 percent population in- crease from 1990 to 2000. In the 2004 primary elections, Ada had the low- estvotertumout. about 15 percent Gem had the highest with about 42 percent. Canyon saw the greatest'04'05 rise in as- sessed property value, 17.9 percent. • Out-of-state driver licenses surrendered to Idaho increased 51 percent from '03-'05.. While much of the information in the report ex-.. ists in Census and local government files, this is the .: first time any group has pulled all the information together regionally in a single report. As the years pass, the reports will provide the ability to compare conditions over time and provide guidance to busi- ness and government leaders. • CAREFUL WHAT YOU ASK FOR, ARIZONA WARNS (continued lSammage sato the transience suggests people live in Phoenix fora while to cash in on the econ- omy. Also, due to rising property values, the median -income family cannot afford the median home price. Urbanization has had serious environmental consequences, including an 11 degree rise in Phoenix's average nighttime tem - from page 1) GROWTH EXPERT perature. If daytime temperatures increased that much, Phoenix would become uninhabitable, Gammage said. Ironically, higher density—a top goal of most plan- ning efforts—could exacerbate the "heat island" effect. The growth of Phoenix has its origins in national policies to pro- mote the settlement of the West Large dams and water projects, paid for by the federal govemment, made urbanization possible. "Some of our choices have been good. We've built light rail and have used local option taxes in a way thatyou can't," Gammage said. "Bu: J n... in,f 1 .u.: L. r.e • thing you want to avoid. l don't know if encouraging population is all there is." • r. •:.`9". ., ♦....'t r.'�Il .� �. �... ,I Ff�:' .i':. .',i ,f•J .. •!I`I .tet' .. , .. . . .f:: ,:i ft • t. j'...:lli.l •..:!1 t,♦i:•+ji`.: ,1i •.. .if rii. .... � -. X11. -S. .•. .1 :1 i''. .••• .'• !:. t r• . • -.JILT: — .. :t:i .. 'f •t 1. . •111, .-. w,•t'.. .r. •Il• • ;• ?,1: .., _ Iii,.... .ii: •t ..i• ts,:l::) .. .�� 17ri�i. F;'i ��1.1 t1';: i. t`: . ..1 • .i'•i tet' • • ••. .. l;. X11. .. . 'iis .•ri .. ..ii ....J:.,. • • : is NOT GREEN EGGS AND HAM NOT By Dr. Seuss Teresa Van Liew Do you like the developers plan? I do not like it, Sam -1 -am. 1 do not like the developers plan.. Would you like them here and there? I would not like them here and there. I would not like them everywhere. I do not like the developers plan I do not like it, Sam -I -am. Do you want more dirty air? What's that you say? That you don't care? I do not like that you don't care. I do not want more dirty air.. 1 do not like them here and there. I do not like them everywhere. I do not like the developers plan. I do not like it, Sam -1 -am. Would you crowd them in our schools? Would you allow them to make new rules? No new rules.. No crowded schools.. No more "I don't care".. No more polluted air. I would not want them here and there. I do not want them everywhere. I do not like the developers plan. I do not like it, Sam -1 -am. Would you? Could you? Dry up our wells? Aren't you hearing any warning bells? You would, you could dry up the wells, right along with the real estate sales. Gridlock. Road rage. Dirty air. You don't care. Higher taxes. Crowded schools. . We speak up, but we're just fools. We don't like the developers plan. We don't like it, Sam I am. 1 am reduced to testifying in this rhyme, Because when citizens talk ou ignore us most of the time. i i (Aftwi --)h-L-41,vc PROJECTED EAGLE FOOTHILLS SCHOOL COST I Current Status Eagle Elementary Eagle Hills Elementary Seven Oaks Elementary Star Elementary Eagle Middle School Eagle High School Galileo Math and Science New construction: Elementary Middle school High school 11 Existing Needs 6/1/06 Capacity Enrollment 428 502 388 476 740 701 380 532 1,000 1,253 1,800 2,076 700 650 1,000 2,000 Over (Under) Enrollment 74 88 (39) 152 253 276 Preliminary plats already approved in Eagle area of impact as of 9/26/06: Eagle Star Conversion assumptions: Hence and Households 2,528 3,078 5,606 0.8 students 5,606 households = 4,485 students = 10/1/07 Enrollment 357 469 569 502 1,132 2,214 604 students per household 13 = students per grade level 4,485 students 345 per grade level Over (Under) Enrollment (71) 81 (171) 122 132 414 (96) Allocated by school: Elementary school Middle school High School Grade Levels Students Capacity 6 2,070 650 3 1,035 1,000 4 1,380 2,000 13 4,485 Anticipated costs (construction and equipment only --not including land costs): Elementary school Middle school High School III Foothills Estimate Cost per School $ 10, 762,157 $ 20,190,467 $ 53,499,854 Schools Required 3.18 1.03 0.69 Total Cost $ 34,271,802 $ 20,896,201 $ 36,913,253 $ 92,081,257 Schools Required 3.18 1.03 0.69 Based on actual cost of Paramount Elementary Heritage Middle School Rocky Mountain High School Based on the foregoing, this table represents the projected construction cost of Eagle foothills schools based on different densities: Households 12,000 16,000 20,000 24,000 28,000 Students 1 9,600 12,800 16,000 19,200 22,400 Schools Required Elementary Middle 6.8 2.2 9.1 3.0 11.4 3.7 13.6 4.4 15.9 5.2 High Elementary 1.5 $ 73,360,976 2.0 $ 97,814,634 2.5 $ 122,268,293 3.0 $ 146,721,951 3.4 $ 171,175,610 Projected Cost Middle High $ 44,729,650 $ 79,015,169 $ 59,639,533 $ 105,353,559 $ 74,549,417 $ 131,691,948 $ 89,459,300 $ 158,030,338 $ 104,369,183 $ 184,368,728 Total $ 197,105,794 $ 262,807,726 $ 328,509,657 $ 394,211,589 $ 459,913,520 IV Bonds Bonds are the only method to fund school construction and require 66-2/3% voter approval to pass. Recent bond requests: Voter Approval Requested Mar -95 Failed $ 27,400,000 Sep -95 Failed $ 14,700,000 May -96 73.77% $ 20,900,000 Sep -96 82.45% $ 26,995,000 Sep -00 87.06% $ 45,300,000 Sep -02 83.37% $ 57,200,000 Sep -06 72.22% $ 139,800,000 Total current bond indebtedness as of 411107 : $ 246,755,000 Remaining legal debt capacity as of 4/1/07 $ 510,693,582 Prepared by: Anne Ritter, Trustee Meridian School District 10/4/07 G /O -/6.-o 7 LEGEND Workgroup Scenario 1 Developable Areas Open Space Proposed Roads = Proposed Traits * Proposed Access Points Area of Impact Boundary Perennial Streams Intermittent Streams — Primary Roads Secondary Roads i — I _ I County Line K• NOTES This community values map focuses on the. --Preservation of public lands --Ustb a ndgelines --Slopes in excess of 25% --Existing trails —Riparian areas --Drainages --Creating en east -west connection between Highway 56 and Highway 16 to drninish the impacts to downtown Eage Scale: Graphic 0 0.5 Figure 14--Workgroup Scenario 1: Community Values EAGLE FOOTHILLS PLAN CG /D-/ 'O7 LEG END Workgroup Scenario 2 _ Developable Areas ■ Open Space Proposed Roads * Proposed Access Points — Proposed Trails Area of Impact Boundary Perennial Streams Intermittent Streams — Primary Roads Secondary Roads — _ t County Line NOTES Scenario 2 used the conrnunity values map as the starting point and from there, used the resource maps to better integrate: •-Trading of public lands for a better open space network —Placing development in less visually sensitive areas —Establishing regional open space/wildlife corridors --Providing and preserving a regional loop trail system --Creating an east -west connection between Highway 55 and Highway 16 to dtmnish the impacts to downtown Eagle Scale: Graphic 0 05 Figure 15--Workgroup Scenario 2 EAGLE FOOTHILLS PLAN Cc /0--/6 -07 Gem County Line Residential Rural (1 unit/5 acres) Foothills Residential Community Centers (Mixed Use) Transitional Residenital Floodway +25% Slope Walk Radius Potential Regional Open Space Overlay City! BLM (Regional Park) .BLM Ownership (Public/Semi-public) N Roads City of Eagle Foothills Plan P&Z Retoi nrt ieriudtion trrrrrrrreIr 1111E11 enrrrrrnr. verevr err ennnn n rn , rrrrrrrtl RECEIVED & FILED CITY OF EAGLE OCT 1 6 2007 File: Ben Johnson Associates, jouteto 6070 Hill Road Phone: (208) 342-1700 Boise, ID 83703 Fax: (208) 384-1511 A REVIEW OF M3 -EAGLE DEVELOPMENT DEMOGRAPHIC FORECAST ECONOMIC & FISCAL IMPACT ANALYSIS Revised September 2007 Idaho Economics With notations and rebuttal from John Church, Idaho Economics and Gerry Robbins, M3 Companies A REVIEW OF M3 -EAGLE DEVELOPMENT DEMOGRAPHIC FORECAST ECONOMIC & FISCAL IMPACT ANALYSIS Revised September 2007 Idaho Economics Introduction This report will focus on Idaho Economics' September 2007 report "M3 -Eagle Development: Demographic Forecast, Economic & Fiscal Impact Analysis" (Impact Analysis). This study was included in the binder submitted to the Eagle City Council on September 25, 2007. The report will analyze that Impact Analysis on two levels. First, we will examine the assumptions that form the basis for the Impact Analysis's calculations of revenues and costs accruing to local governmental units from the proposed development. Second, we will examine the calculations of revenues and costs that lead to the net benefit estimates presented in the Impact Analysis. Given the time constraints, only three major subdivisions of local government will be explored in detail: the City of Eagle, the Meridian School District and the Ada County Highway District (ACHD). In general, a review of the calculations found some differences in values from various sources of revenues and costs for each governmental unit, but these differences were relatively small compared to the overall magnitude of the dollar amounts. Our examination of the assumptions that underlie the Impact Analysis' conclusions, however, tells a different story. Altering some of these assumptions to make them more reasonable leads to significantly different levels of net fiscal impact for the governmental units. • • • Three of the assumptions that have a major effect on the net benefits are: The assumed pace of development; i.e., full build -out over a 20 -year period • Residential housing prices and demand • Commercial development The fact that the Impact Analysis looks only at O&M costs; no capital costs are included in the calculations of net fiscal impact The omission of costs that will be imposed on government entities lying outside the geographical boundaries of the development When a more reasonable build -out period is assumed, and when capital costs and costs to outlying units of government are included, the result are significantly different net fiscal impacts 2 1 than those presented in the Impact Analysis._(Why is the build -out period shown unreasonable and what does Dr. Reading considered reasonable? Our market research report suggests 1 that our absorption is reasonable and could actually be faster with certain product mixes.) Impact Analysis The September 2007 Revised Impact Analysis by Idaho Economics describes the M3 - Eagle development and estimates the net benefits for various entities of local government. Net fiscal impacts are derived by projecting additional revenues, using 2006 property tax levy rates and revenue sources, and then subtracting the projected additional costs of providing public services to residences of the M3 -Eagle development. The Impact Analysis submitted on behalf of the potential developer found these net benefits to be universally positive. In the 20- year period from the start of construction to full build -out, the Impact Analysis projects net fiscal impacts to be: City of Eagle Ada County Ada County Highway District Ada County Emergency Medical Services Meridian Joint School District #2 +$30.1 million +$98.3 million. +$72.8 million +$3.9 million +$163.5 million This analysis focuses on three of these five governmental entities: the City of Eagle, ACHD, and the Meridian School District. We will review the projected revenues for each of these entities based on the development's projected five phases of construction. We will then analyze the projected costs assumed in the Impact Analysis. Finally, we will examine the gaps in the underlying assumptions made in the Impact Analysis, and the effects those gaps will have on the resultant estimates of net benefit. M3's Eagle development, both residential and commercial, is scheduled to be built in five phases. The mix of residential versus commercial for each phase is presented in Figure 1 below. (Commercial is not shown below.) Figure 1 10 3,000 2,500 2,000 1,500 1,000 500 0 igur e2 depi i 1 ['Single Family gi Single Family Attached ❑ Multi -Family cts the number and value of residential units and the average price projected to be constructed over the 20 -year period of development. M3 Eagle Residential Units by Phase Phase 1 (Years Phase 2 (Years Phase 3 1,2) 3-7) (Years 8-12) Phase 4 (Years 13-17) Phase 5 (Years 18-20) Figure 2 The first thing that strikes us is that while the residential units proposed by M3 -Eagle vary Number of Units M3 Eagle Average Home Value 444 1 S250,000 1 2.400 1 $375,000 1 1,794 1 $450,000 1,630 1 $612,500 1,234 $800,000 1 i 652 `-..; ';; i# Itf ,,_. • 61 ;1,100. tl:4304Z.":. $1,375,000 $1,125,000 $0 $500,000 $1.000.000 $1,500,000 Lp Average Home Value in size and amenities, the projected price is uniformly at the top of the range of homes in Ada 11 County. (As it should be since Eagle has the highest home values in the county.) The M3 - Eagle development projects that 43 percent of the residential units to be constructed will have values above $600,000, with 658 units over $1 million. The U.S. Census Bureau, through the American Community Survey (ACS), tracks the values of owner -occupied housing annually by county. According to ACS, the number of owner - occupied housing units in Ada County in 2006 with values of $500,000 or more is just 8,253 out of a total of 99,067 homes, or 8.3 percent. (Eagle is different than Ada County.) Figure 3 lays out this data. (This table should be for Eagle, not the County.) Number of Housing Unit: 35,000 30,000 25,000 20,000 15,000 - 10,000 5,000 - 0 Figure 3 Ada County 2000 and 2006 Owner Occupied Housing Units 000 000 000 000 ��O °,O °J�� 0 k2 6sOO ,,� ��0 ��� �p)0 Neq0�,b' cfc t\ �o �a 6s p cm O No \o No <o N0 00 ,NQ) 000 000 OC) Opp Opp CP). .z 4) 00' g0' O°' p�' pp' 6s'\' cp 69� 6s3 62 Value of Housing Units ❑ 2006 Census ■ 2000 Census I T he Impact Analysis states that there will not be a significant impact on the region's housing market from the projects' addition of 8,160 residential units over the 20 -year development period. It uses a projection of population and household growth in Ada County and indicates that the residential units planned represent just 7.5 percent of the household additions projected in the county over the 2005 to 2030 period. However, this comparison is focused on the total number of housing unit additions, not those at the price level of the homes M3 -Eagle is planning to build. For example M3 -Eagle plans in the first two phases (the first 7 years of development) to add 1,244 residential units with values over $600,000. This would add 15 percent to the existing stock of owner -occupied Ada County houses worth more than half a million dollars. For homes with values over $lmillion, the first two phases of the M3 -Eagle development would add 233 12 units, compared to an owner -occupied 2006 base of 1,207 houses, or 19 percent of the existing stock. (Again, this should be looked at for Eagle, not Ada County.) This suggests a significant impact on the housing market for upper -end residential units. If the market cannot absorb the impact, one of two things would happen: either M3 -Eagle would shift to lower -price units — with lower property tax values but similar costs — or it would slow its pace of development, which would in turn impact both revenues and needed services. (A true planned community the size of M3 Eagle is designed for a wide range of housing types and prices for maximum penetration into the marketplace and to avoid builders directly competing with each other over a narrow range and creating a sterile community. This would also slow absorption. Some housing types will naturally absorb at a faster rate than others. If the pace of development is slower, wouldn't that impact services in a positive way? In terms of commercial development, the Impact Analysis assumes that 2.1 million square feet of commercial space (This has been reduced to approximately 1.6 million s.f. plus a 500 room resort) will be constructed by the end of the 20 -year project. As an example of successful commercial development in the area, it points to the Silverstone and El Dorado business parks at the comers of Eagle and Overland Roads. There are, however, some striking differences between these two business parks and the commercial construction M3 -Eagle proposes to undertake. Most importantly, both Silverstone and El Dorado have immediate access to Interstate 84 and front on heavily -traveled arterial roads. The majority (now 55%) of the proposed commercial properties in M3 -Eagle, however, are in the center of the development, away from Highways 55 and 16, and a significant distance from an Interstate exchange. (However, they will be on the only planned arterial connector between Highways 16 & 55 and on Linder Rd., which will be improved to an arterial and is one of only two north/south roads in Eagle with a river crossing.) Moreover, the commercial area between Highways 55 and 16 is along a road seldom used by travelers going to or from a destination point. (What is the basis for this statement? Traffic studies project over 36,000 vehicle trips per day driving through the village center from M3 Eagle alone.) Consumers of the planned commercial space, therefore, will have to be those wanting to patronize a specific business, or people who live in the area. (Or drive -byes. We don't understand the point Dr. Reading is trying to make.) The situation is similar to that existing at Hidden Springs and Harris Ranch, where even in a rapidly -growing valley, commercial development has been slower than expected. (No it is not. Commercial areas in Hidden Springs and Harris Ranch are not on arterials, are very localized, and are not supported by the population base that the commercial areas of M3 Eagle are.) What we have learned from those two developments is that businesses are reluctant to invest in a particular area until they see a demand for their services already in place. Even with a majority of the commercial space developed during the latter half of the project (see Figure 4), it is problematic that business demand for the commercial space will keep pace with the projected residential development. (What is the basis for this statement?) The only other alternative is to attract consumers from other areas, which again seems unlikely given the location. (The village 13 center is envisioned as a unique, pedestrian oriented commercial area that may be tied to the emerging wine industry. It will become a destination center as well as serve the entire foothills. The commercial center along Highway 16 will benefit from its future designation as an expressway, a proposed interchange, visibility, and drive-by traffic. Therefore, if residential construction is slower than planned, commercial development will of necessity also be slower due to a lack of demand. A slower pace of commercial development will impact not only the development's projected revenues, but also the 3,492 jobs estimated to be associated with the project. (The corollary is also true.) $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $o Figure 4 M3 Projected Assessed Value ($11000) rm 1 2 3 4 5 - MP 1 • 'I 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Year from Project Start 0 Residential Assessed Value ($x1000) • Commercial Assessed Value (Sx100-071 Fiscal Impact Under the assumption that the M3 -Eagle development will be built on its projected time line, and at the property values as estimated, the Impact Analysis concludes that the net impacts on the various units of government are all positive. There are, however, two significant gaps in the Impact Analysis' underlying assumptions. The first is the failure to include capital expenditures that governmental agencies will be required to make because of M3 -Eagles' development and its accompanying population. (We are not clear as to what these capital costs would be.) Instead, the Impact Analysis bases its conclusions only on projected operations and maintenance (O&M) expenditures. A more detailed examination of the impact on each of the governmental agencies — the City of Eagle, the Meridian School District and ACHD — demonstrates that these capital expenditures will be significant. The second gap is an arithmetical error that impacts primarily on the Meridian School District. City of Eagle 14 The Impact Analysis estimates increased revenues to the City of Eagle from the M3 -Eagle development coming from property taxes, franchise fees (electric, gas, cable, solid waste), state sales tax revenue sharing, and building fees. According to the analysis, over the 20 -year build- out, the City of Eagle would see total increased revenues from these sources of $91.1 million. It must be remembered, however, that this projection is for the entire 20 -year period. During the first two phases — projected to take 7 years — the estimated annual net benefit (revenues over costs) ranges from $657 thousand the first year to $1.2 million in the seventh year. Because service demands from the development will need to be met every year, it is critical to examine not only the total projected revenues and costs, but also the revenues and costs from year to year, and the impact these figures will have on the City's budget each year. (Here Dr. Reading appears to not have thoroughly reviewed the M3 -Eagle Fiscal Impact Analysis or missed the information. On page 38 and 39 within Tables 18(a) and 18(b), respectively, are detailed annual projections of revenues and O&M expenses for the City of Eagle due to the M3 -Eagle development. ) Given the assumptions of the pace and price of development, the calculation of revenues in the Impact Analysis appear within reason. An attempt to replicate the calculations yielded somewhat lower overall revenues from franchise fees and revenue sharing, but within 2 percent over the 20 -year period for property taxes. The differences may be explained by the fact that the Impact Analysis projected property construction spread throughout the year, while our replication looked only at yearly totals. Because revenues are a direct function of the number and value of the units constructed, they will vary with the pace and value of construction and its associated revenues. (Another difference is that the analysis also attempted to estimate the franchise fee revenues that would originate from the M3 -Eagle development. This alone could have accounted for the 2 percent difference from Dr. Reading's analysis.) As discussed above, the biggest uncertainties for the City of Eagle are the pace of development and the assumed values of the residential units. It is worth repeating here that commercial development necessarily follows residential development. Therefore, if residential development is slower than projected, commercial development will also be slower, and revenues from both will be slower to come in. (Likewise, if residential development is faster than projected, commercial development may also be faster, and revenues from both will be faster to come in.) This may well impact the City's annual budgets. The Impact Analysis calculates the net benefits to the City of Eagle based on an estimate of O&M expenditures per person. Given the current population and the City's budget, it calculates O&M spending at $253 per person per year. To calculate net benefits, the Impact Analysis uses a higher figure of $275 per person. This figure, however, does not include capital expenditures. (We are unclear what city capital expenditures would be attributed to M3 Eagle.) 15 Including capital costs, the City of Eagle's General Fund Budget for fiscal year 2007 is $7.7 million. According to the U.S. Census Bureau, the population of Eagle in July of 2006 was 18,419. Based on these figures, the City of Eagle is actually spending a total of $419 per person per year — a substantially higher number than that used in the Impact Analysis when capital expenditures are included. There are four points that need to be made in rebuttal to the above paragraph: First: We concur with Dr. Reading. The City of Eagle's fiscal year 2007 General Fund Budget (including the capital expenditures that Dr. Reading refers to) is $7.7 million. However, actual expenditures by the City of Eagle through August 2007 only total $5.9 million. With one month remaining in the fiscal year the City of Eagle will have to spend nearly $1.8 million, or 23 percent of its annual budget, to match the amount that was budgeted and that Dr. Reading cited in his report. Moreover, a closer examination by Dr. Reading of the City's budget statistics would have shown him that actual expenditures by the City of Eagle have consistently fallen short of the amount budgeted. From the table below it can be seen that the City of Eagle's actual General Fund Budget spending has fallen short of the budgeted amount in the last two fiscal years and in all likelihood fell short in the recently completed 2006/2007 fiscal year. City of Eagle General Fund Budget vs. Actual General Fund Soendinq FY 2004/2005, FY 200512006, FY 2006/2007 City of Eagle General Fund Budget & Actual Spending FY 04105 FY 05!06 FY 06107 Annual Budget $4,912,412 $6,949,533 $7,693,860 Actual Annual Spending $3,804,571 $4,966,996 $5,904,160 Projected FY 06/07 Actual Spending $6,440,902 Shortfall from Budgeted Amount ($1,107,841) ($1,982,537) ($1,252,958) Percent Shortfall from Budgeted Amount......... -22.6% -28.5% -16.3% City of Eagle General Fund Budget actual spending through August 2007. Source: City of Eagle Budget Report Fiscal Year 2008, Table entitled "Total Expenditures for All Funds", there is no page number, however, it is the last page of the document. 16 * In fiscal year 2004/2005 actual General Fund spending (including the capital costs that Dr, Reading refers to) fell short of the budgeted amount by $1.11 million or 22.6 percent, in fiscal year 2005/2006 General Fund spending (again including the capital costs that Dr. Reading referenced in his report) fell short of the budgeted amount by $1.98 million or 28.6 percent. In fiscal year 2006/2007 the City of Eagle's General Fund spending with eleven months of actual figures, and with spending in the last month of the fiscal year projected to be the average of the previously completed eleven months, the actual General Fund annual spending in fiscal year 2006/2007 would only total $6.44 million, or $1.25 million (16.2 percent) below the budgeted amount. It is not correct to evaluate M3 -Eagle's fiscal impact on the City of Eagle upon budgeted figures that are radically higher than the City's actual spending. Second: It is clearly stated in the M3 -Eagle fiscal impact analysis that all dollar amounts are expressed in 2006 dollars. Nevertheless, Dr. Reading proceeds to present figures from City's FY 2006/2007. Clearly only three months of FY 2006/2007 are actually in 2006 the other none months of the fiscal year are in 2007. While this may seem like a trivial point, it is not. When the City prepared the FY 2006/2007 budget it had in mind the costs that it would likely face in that year and that price inflation would increase those costs. The amounts budgeted for FY 2006/2007 had some expected price inflation built in and most certainly the City of Eagle's actual FY 2006/2007 General Fund spending reflected that price inflation that occurred in 2007. If one's goal was to make a fair comparison, an apples -to -apples comparison, of the fiscal impact of M3 -Eagle one should at least use figures that are reflective of the same year. Using the City of Eagle General Fund spending in FY 2005/2006 would be a closer apples -to - apples comparison where both analyses are expressed in 2006 dollars rather than Dr. Reading's use of the FY 2006/2007 figures. Or, in the alternative, one would allow the M3 -Eagle fiscal impact analysis to be recalibrated to 2007 dollars (this would include all costs and revenue stream projections being recalibrated to 2007 dollars and with those projections using many other parameters that are reflective of conditions in 2007). Anything short of using the City's FY 2005/2006 General Fund spending figures or a complete recalibration of the M3 -Eagle projections is not a fair comparison. Third: Dr. Reading's results are based on his conversion of the FY 2006/2007 General Fund Budget dollars to General Fund Budget spending per capita for each Eagle resident by dividing those budget amount by the US Census Bureau's mid year 2006 (July 1, 2006) population estimate for the City of Eagle. By using the older, historic, July 1, 2006 population figure in 17 the denominator of the calculation of General Fund Budget dollars per capita,Dr. Reading inserts an upward bias into his calculation. We believe he should have made an adjustment to the estimated City of Eagle population to have it match the time period associated with the FY 2006/2007 budget dollars that he was using. A simple adjustment based upon the estimated population growth in the City of Eagle between the mid -year 2005 Census Bureau figure (17,338) and the mid -year 2006 figure (18,419) would have revealed that Census Bureau's estimated population for the City of Eagle was increasing at a pace of nearly 91 persons per month in that time period. The mid- point of FY 2006-2007 would be six months after the mid -year 2006 population estimate. Therefore, adding an estimated additional six months of population growth to the figure used in the denominator of his calculation of General Fund Budget spending per capita would have decreased by an average of $13 per person (from Dr. Reading's $419 per capita to a less bias result of $406 per capita). Here again this adjustment to correct Dr. Reading's analysis removes a calculation that is not trivial. Without this correction Dr. Reading's predicted costs that the M3 -Eagle development would impose on the City of Eagle is overstated by more than $3.0 million over the first twenty years of the project. Fourth: Dr. Reading states that we should be including capital costs in our calculation of impacts instead of just O&M costs, however, we are unclear as to what capital costs borne by the city would be directly attributable to M3 Eagle. Furthermore, M3 Eagle is building a municipal water system to serve the property and turning it over to the City. There should be an ongoing future positive revenue stream associated with ownership and operation of this facility. Conclusion: We believe Dr. Reading's analysis of the costs of the M3 -Eagle development has some flawed assumptions and does not present correct results: 1) Actual general fund spending should have been used to calculate the City's General Fund Spending per capita, not budgeted amounts that are clearly not representative of the real level of spending by the City. 2) Dollar budget amounts or dollar figures of the same base year should be used. In this case 2006 dollars. The appropriate comparison would be to utilize the City of Eagle's actual FY 2005/2006 General Fund spending in the numerator of Dr. Reading's calculation of General Fund dollars per capita. 18 3) Population figures or estimates should be used that are of the same time period as the dollar cost figures that are being converted to dollars per capita. If these three corrections are made to Dr. Reading's analysis, the General Fund spending per capita figure is significantly different than the $419 per capita cited in his report. The City of Eagle's actual General Fund Spending in FY 2005/2006 (which includes the capital costs that Dr. Reading referred to in his report) was $4.947 million. The US Census Bureau estimated population in the City of Eagle as of July 1, 2006 was 18,419. Adjusting the population figure to the mid -point of the City's FY 2005-2006 produces an estimated population in the City of Eagle of 18,146. Dividing the City's actual FY General Fund spending ($4.947 million) by the estimated population a mid -point of FY 2005/2006 (18,146) produces a figure of $273.70 per capita for General Fund spending in the City of Eagle. The M3 -Eagle fiscal impact analysis used a $275 cost per capita. Replacing the $275 per capita figure used in the M3 -Eagle analysis with the $273.70 found above raises the net fiscal benefit to the City by nearly $300,000 over the first twenty years of the project. Using the $419 figure — and making no other changes to the Impact Analysis — the net benefit of the project over a 20 -year period is essentially zero. Revenues and expenses are both just over $90 million. Because the projected development of the project would double the current population of the city it will result in additional capital investments, which should reasonably be considered impacts of the development. The $419 per person figure is, therefore, a more accurate value to use than the Impact Analysis' $275. Remember, too, that the value of M3 -Eagle's residential housing could less than projected, resulting in lower revenues. The costs of the population increase, however, would remain the same, resulting in a projection of negative net benefit. (The $419 per capita figure cited by Dr. Reading in the paragraph above has been shown to be clearly incorrect. And, while the value of housing within M3 -Eagle could be lower than that projected in the M3 -Eagle fiscal impact analysis, it is equally true that it could be higher than that projected.) (Housing sales statistics from the Intermountain MLS and the Boise Metro Chamber of Commerce database indicate that the average price of a single-family residential home in Ada County has increased at an annual average compound rate of 7.7 percent per year over the past 15 years (1991-2006). The general rate of inflation in the economy (as measure by the Consumer Price Index) increased at an annual average rate of 2.6 percent per year. Ada County's average single family home prices have increased at a pace that was 5.0 percent per year faster than the general rate of price inflation in the economy.) 19 There is also a large body of evidence that indicates as a city grows from a small size and a rural nature to a larger size with a more urban setting, city expenditures per person tend to increase because people expect higher levels of service. As Eagle's population approaches 40,000, the cost per person of providing services may exceed the $419 currently spent. Although it is beyond the scope of this analysis, a better predictor might be to look at the per -person expenditures of other regional growing cities with populations around 40,000. (Dr. Reading's speculation may be true that costs per capita may be higher in the future as the City of Eagle becomes larger and its citizens demand higher levels of service. However, a review of the General Fund Budget of the City of Twin Falls, Idaho (which had an estimated July 1, 2006 population of 40,380) found that the average cost of government services per capita was still lower than the $419 that Dr. Reading found above.) (The table below depicts budget information from the City of Twin Falls and the average expenditure per capita adjusted for services that are offered in Twin Falls but are not likely to be offered by the City of Eagle.) (It is true that the citizens of Eagle may demand a higher level of city services in the future. If that is the case then all of the citizens of Eagle can decide to pay for the costs of those additional services. However, to consider imposing the costs of these potential future services preemptively on one portion of the city's residents is unfair. ) 20 City of Twin Falls, Idaho General Fund Bud let Information - FY 2006 City of Twin Falls, Idaho FY 2006-2007 Tax Supported General Fund Budget (does not include special funds, comparable to the budget figures cited by Dr. Reading, and it includes capital expenditures) $23,109,290 Less: (items not likely to be in the City of Eagle budget) Airport expenditures $978,012 Street Maintenance 3,581,844 Fire Department 3,231,120 Budget Amount Comparable $15,318,314 to the City of Eagle Budget * Divided bv: City of Twin Falls Population 40,380 (US Census Bureau estimate for July 1, 2006) City of Twin Falls FY 2006-2007 Budget Amount Per Capita $379 " It should be noted that the City of Twin Falls has a stand alone police department and police and fire dispatch center separate from the facilities for Twin Falls County although the Twin Falls Police Department utilizes the detention facilities of the Twin falls County jail. Souce: Twin Falls City Budget ACHD M3 -Eagle's Impact Analysis predicts a 20 -year net benefit for ACHD of $72.8 million, including $46.1 million from property taxes and $39.3 million in impact fees. The analysis also estimates that additional ACHD expenditures for the 20 -year period will be $12.6 million, but again this includes only operating costs — no capital costs are included. In an attempt to address this point, the analysis says that "(c)osts associated with the longer term capacity needs of the transportation infrastructure are caused by many factors and circumstances which are better examined in detailed traffic and engineering studies." [p. 46] The results of one such study, discussed below, indicates a doubling of the population of Eagle will result in substantial increased capital costs for transportation infrastructure. 21 For FY 2006 the ACHD budget shows M&O expenditures of $12.0 million out of a total of $79.2 million. Capital Projects are budgeted to be $43.0 million, with other support services at $24.2 million. Maintenance & Operations expenditures therefore comprise only 15.2 percent of ACHD's budget. Capital costs account for 54.3 percent, and other support services 30.5 percent. ACHD currently maintains and operates 2,050 miles of roads and streets in Ada County. Total expenditures per mile, therefore, were $36,195 for FY 2006. By contrast, the Impact Analysis uses only the M&O expense per mile, $7,992, in its calculation of net benefit. If total expenditures per mile are used, expenses over the 20 -year development period would equal $57.0 million rather than the $12.6 million used in the Impact Analysis. This change reduces the net fiscal impact over the 20 -year period from $72.8 million to $28.4 million. (Properties within M3 -Eagle will be assessed and will pay impact fees to the Ada County Highway District. In the M3 -Eagle fiscal impact analysis these impact fees are projected to total $39.3 million over the first twenty years of the project. What is not mentioned in the M3 -Eagle analysis was the extraordinary impact fees and/or roadway improvements that will paid by or provided by the developer to the affected highway entity — in this case either ACHD or ITD. ) (Stanley Consulting has estimated that these offsite roadway improvements will cost the developer $48.1 million in the first twenty years of the project — with $25.2 million in estimated offsite improvements to the ACHD system and $22.9 million to the ITD roadway system. ) (In addition, the developer will construct to ACHD specifications all of the collector and arterial streets within M3 -Eagle, at an estimated cost of $34.8 million, and cede them to ACHD upon their completion. ) (Now in reference to Dr. Reading's review of the M3 -Eagle fiscal impact analysis as it relates to ACHD: (Dr. Reading states that M3 -Eagle analysis does not include the potential capital costs that ACHD may incur due to the extra demands that M3 -Eagle may impose upon the ACRD system. It is true the M3 -Eagle fiscal impact analysis does not include estimates of the necessary capital costs associated with offsite improvements to the roadway system. ) (The exclusion of the potential additional ACRD capital costs has been the norm and accepted in the four planned communities that have been approved within Ada County. The master planned communities have been: in Ada County; Avimor, Hidden Springs, and The Cliffs, and within the City of Boise, Harris Ranch. As a matter of fact, The Cliffs Planned Community, east of Boise, used an average ACHD O&M cost very similar to the $7,992 per road mile used in the M3 -Eagle fiscal impact analysis.) 22 (This has been the practice because; 1) The analysis of transportation infrastructure impacts is complex and very specialized as the process of estimating future costs for that infrastructure and, 2) Because the imposition of ACRD impact fees on newly constructed residential and commercial properties is meant to ameliorate those incremental infrastructure costs and 3) Because there will be further negotiations between the developer and ACRD (or ITD, if that is the case) for additional offsite roadway system improvements to be paid for by either extraordinary impact fees paid by the developer or for having the developer construct the necessary offsite improvements. ) (Nevertheless, in Dr. Reading's review of the M3 -Eagle fiscal impact analysis, he states that the analysis falls short because "no capital costs are included". Further he disputes that the O&M cost of $7,992 used in the M3 analysis is appropriate and that a more acceptable figure of cost per road mile would be $36,195. This figure is derived by Dr. Reading from ACHD's FY 2006 budget by dividing the agency's total spending — including capital costs— divided by the number of road miles in the ACHD system at the end of that fiscal year. ) (However by taking this approach Dr. Reading not only includes all of ACHD's capital costs, he asks the developer of M3 -Eagle or the future homeowner in M3 -Eagle to pay for a portion of those capital costs twice.) (In FY 2006 the ACHD budget shows total spending to be $79.2 million of which capital projects account for 54.3 percent of that amount ---$43.0 million in the fiscal year. However, a portion of those capital costs are already included in the M3 -Eagle analysis. Under Capital Projects in the ACHD budget is a subcategory entitled Maintenance. This subcomponent of the capital spending includes the districts costs associated with its annual chip sealing program and the filling of roadway potholes and crack sealing. While it is a minor amount of the total ACRD budget — 4.3 percent or $3.1 million in FY 2006— it is an amount already included in the M3 -Eagle study as a portion of the $7,992 O&M cost per road mile figure.) (Therefore, approximately $40.0 million in ACHD capital costs that Dr. Reading wants included are in his opinion not accounted for in the M3 analysis. ) (What Dr. Reading fails to mention is that $19.6 million, or 49.0 percent, of the $40.0 million of ACRD capital projects in FY 2006 will be attributable to impact fee related projects, or an average amount of $9,561 per road mile in the ACRD system. In addition, there also was nearly $1.8 million of Federal revenues that were spent by ACHD on capital projects in FY 2006. This translates to an average of $899 per ACRD road mile of Federal dollars spent on ACHD capital projects in FY2006. Add to that capital projects valued at $1.2 million in FY 2006 where ACRD received revenues from other developers, cities, or agencies in a cost sharing arrangement that was advantageous to ACHD and the other party. The value of those capital expenditures for which ACHD received revenues under a cost sharing arrangement averaged $609 per road mile in the ACHD system in FY 2006. ) (In total, capital spending originating from impact fee related spending, federal dollars spent on capital projects, and monies received by ACHD in cost sharing arrangements with 23 other for capital improvement projects represented nearly $22.6 million, or an average of $11,024 per ACHD road mile, in FY 2006. ) (ACHD Impact Fees are meant to "ensure that those who benefit from new growth and development are required to pay no more than their Proportionate Share of the costs of new public facilities under the jurisdiction of the Ada County Highway District...". ) (Therefore, in Dr. Reading's analysis and recommended solution, the impact fees that ACHD has already collected from developers, developers other than M3, and that ACRD as spent on capital projects that ameliorate that other developer's impact on the ACHD system are a part of the estimated fiscal impact of M3 -Eagle on the ACHD roadway system. Further, in Dr. Reading's report he advocates that the Federal dollars and cost sharing arrangement monies spent by ACHD on capital projects should also be included as part of the costs that M3 -Eagle will impose on the ACHD roadway system. In total, over the first twenty years of the M3 -Eagle project, Dr. Readings cost parameters would have had M3 paying ACRD nearly $17.4 million for capital projects that had already been paid for from other sources. In addition, M3 -Eagle and its residents would have paid nearly $39.3 million in impact fees to ACRD to ameliorate its impact on the ACHD roadways. ) (If Dr. Reading wants the M3 -Eagle fiscal impact analysis to account for the capital costs that it may impose upon the ACRD roadway system, then he should also include all of the revenues that the M3 -Eagle development will bring to ACRD. These include the stream of property revenues that ACRD will receive from the development (projected to be $30.0 million in the first twenty years) as shown in the M3 fiscal impact analysis along with an estimated $393 million in impact fees over the first twenty years. They also include the value of the streets and roadways within M3 -Eagle that will be deeded to ACHD upon their completion (an estimated $34.8 million) and the offsite roadway improvements that the developer has identified (a value of $25.2 million). ) (In addition, a fair comparison would also include other revenues that would originate from M3 -Eagle to the benefit of ACHD. These include revenues that ACHD receives from the annual registration of motor vehicles in Ada County. I estimate that revenues from auto registrations of the residents of M3 -Eagle would add nearly $3.6 million to the positive fiscal impact that M3 would have on ACED. One can add to that the additional revenues that ACED would realize from the State of Idaho revenue sharing from the highway distribution account and the sales tax account, an estimated $15.6 million and $1.1 million, respectively, in the first twenty years of the M3 -Eagle project. In total another $20.2 million over the first twenty years of the project. ) (The bottom line is that if I took Dr. Reading's figure of $36,195 per road mile --- that is FY2006 total ACHD expenditures divided by 2,050 road miles --- and then subtracted the capital projects that have already been paid from other sources --- impact fees, federal funds, or cooperative agreements --the dollar cost per road mile falls to $27,610 per road mile. Since the M3 -Eagle analysis already considers a cost of $7,992 per road mile, the additional cost by Dr. Reading's method would be $19,618 per road mile or about $30.9 24 1 million over the first twenty years. Considering the $20.2 million in additional revenues that ACRD would receive from M3 -Eagle (registration fees, additional State of Idaho highway distribution fund dollars and state sales tax distribution dollars) and the projected ACHD net fiscal surplus in M3 -Eagle fiscal impact analysis slips to $62.1 million over the first twenty years of the project. It should still be noted however, that since M3 Eagle will construct all the roads within the development and pay it's fair share of its offsite impacts through impact fees and extra -ordinary impact fees, we are unclear as to what ongoing capital costs would be attributable to M3 Eagle. M3 Eagle is not responsible for capital costs to fix problems it did not create.) Moreover, while it falls within the purview of the Idaho Department of Transportation rather than ACHD, a detailed analysis of the actual costs would of necessity include the capital and added M&O needs brought about by the additional traffic on Highways 16 and 55, in addition to urban roads in Ada County. These increased costs will be imposed on all Ada County residents, including those living in Eagle. A recently released Highway 55 Joint Transportation Study undertaken for the Highway 55 Association Executive Committee projects the following costs on a per unit basis for the Highway 55 corridor (Table 7). The study includes a disclaimer, which states that "(t)hese estimates are for information only and should not be considered final. Significant analysis and calculations need to be completed to determine the final costs. This would occur during subsequent studies and preliminary design."[p.29.] (The study includes a disclaimer that should have been paid closer attention to. According to ITD the costs in this Tier 1 Study are very ballpark. In the ballpark is a home run over the center field fence, a pop-up behind home plate, or a foul ball in left or right field. They are all in the ball park but they are far away from each other. We are concerned that they are being used to cast negativity on any new project that someone can object to. If one truly believes these numbers then the next person that comes into the Eagle City Hall for a building permit that will add traffic to SH 55 should have these costs imposed on them as a condition of receiving their permit.) (This was not intended to be a funding study, which will be completed separately, but mainly considered the build -out of the developments along the SH 55 corridor and not the build -out of the foothills. It should not have isolated M3 Eagle in a separate analysis scenario and misstated its housing units as 10,300 instead of 8,160. It did not consider alternative funding sources and included certain improvements (i.e. interchange at State St.) that may not occur. It should also be noted that the impacts were derived from a wish list of densities that may or may not be achievable. If densities are reduced, then corresponding costs and impacts are also reduced.) 25 Table 7 Transportation Improvement Cost per Unit Land Use Cast Estimate per Unit S"ndle-Family Dwe ling 59,300 - S9,700 per unit ADa'tment 55.200 - 55,400 per unit Condominium 54.4x0 - s4,600 per unit OFice 512,600 - 513.200 per 1,000 SF Retail 517,900 - $ 22,900 per 1,000 SF Ha:el 55,000 - 55,200 per room 1 Disclaimers aside, these estimates are at least an indication of what the costs may be of M3 -Eagle's proportional share for highway improvement outside its geographical boundaries. Using the average values of the ranges given in the above table and the residential and commercial units projected to be developed over the 20 -year period, the cost of transportation improvements to Highway 55 alone would exceed $100 million. This is may well be significantly more than the net fiscal benefit projected to accrue to agencies responsible for fulfilling the transportation needs caused by the development. Meridian Joint School District #2 M3 -Eagle projects that it will add 4,620 students residing in 7,997 new residential housing units to the Meridian School District by the end of the 20 -year project. The Impact Analysis estimates that the net fiscal impact to the school district will be $163.5 million. This does not include the capital costs needed to build new schools driven by the increase in enrollment, but according to the study (Table 26(c)), there will be more than enough increased revenue to build the necessary schools. There are three problems we found with this analysis. First, there appears to be a arithmetic error in the 20 -year net fiscal impact as carried forward to Table 26(c), which shows a net fiscal impact of $340.1 million, rather than the $163.5 million net fiscal impact, without new schools, as seen in Table 26(b). The net fiscal impact including new school construction, with this correction, would by $176.6 lower. Second, the Impact Analysis states that for the 2004-2005 school year, assessed property value per average daily student attendance was nearly $276,348. It also says that "(1)argely because of the expected 2,300,000 square feet of commercial floor space slated for M3 -Eagle. (This has been changed 1.6 million square feet phis 500 hotel rooms.) Idaho Economics expects that, at full build -out of the project, the average assessed value per M3 -Eagle student will 26 be close to $765,620." [p.57]. However, a slide submitted to the City Council on September 25 reduces commercial development at full build -out to 1.6 million square feet. This 30 percent reduction in commercial development and associated property value could impact expected revenues significantly for the Meridian School District as well as for other governmental units impacted by the project. (A reduction of the commercial development in M3 -Eagle from 2.0 million square feet to 1.6 million square feet reduces the projected to taxable value of the project by approximately $99.0 million or about 2.2 percent. For the Meridian School District that reduction would translate to a reduction of property tax revenues to the district of approximately $385,000 per year in the last five to ten years of the project or about 1.4 percent of the total amount of property taxes that are projected to be collected in the first twenty years of the M3 -Eagle development. ) Third, the text of the Impact Analysis states that there will be a need for 5 new elementary schools, 2 middle schools, and lhigh school. Later in the analysis, however, in Table 26(c), there is only 1 middle school listed. If the cost of the second middle school is included in the analysis, it would increase the projected cost of school facilities by $20.2 million, for a total of $148.4 million. (There is a typographical error in the text in the M3 -Eagle fiscal impact analysis which states that there will be two middle schools. However, Table 26(c) which enumerates one middle school is correct as are all of the cost estimates for school construction costs. There will still be 5 elementary schools, but one will be a K-8.) When this is measured against the expected $128.2 million in school construction costs, it leaves a net benefit of $35.3 million over the 20 -year development period. With the addition of the second middle school the net benefit would fall to just $15.1 million over the 20 year development period, or less than $1 million per year. Once again, these values are based on the expected property values, the commercial space developed, and the pace and value of building that form the basis for the Impact Analysis. Any reduction in the value of the properties or lengthening of the pace of building would reduce any net benefits. (The corollary is also true.) (As a test of Dr. Reading's conjecture about a reduction in property values impacting the Meridian School District, I constructed a scenario where I reduced the taxable value of the M3 -Eagle development by about one-third, from a total taxable value of $4.4 billion to a taxable value of $3.0 billion in the twentieth year of the project. Using these lower taxable property values, and leaving all of the other parameters (number of students, cost per student, etc.) unchanged, I recalculated the annual net fiscal impacts to the Meridian School District. As one would expect, the net fiscal impact fell from a projected $169.3 million at the end of twenty years with the higher taxable property value to a cumulative positive net fiscal impact of $107.0 million after twenty years. ) 27 (Thereafter, I constructed a simulation of the cost of school construction assuming that schools would be constructed as the number of students, by type of school (Elementary School, Middle School, and High School) residing in M3 -Eagle, reached about 80.0 percent of a school's capacity. This process produced a projection of Elementary Schools being constructed in the fifth, tenth, twelfth, and fifteenth year of the project. A Middle School and High School were projected to be built in the twelfth and twentieth years, respectively. At the end of twenty years it was projected that students from M3 -Eagle would be responsible for a portion of the construction costs of one another Elementary School (30.0 percent) and another Middle School (40.0 percent). (The cost parameters for the fully -equipped schools were obtained from the Meridian School District: these were $10.8 million for an Elementary School, $20.2 million for a Middle School, and $53.6 million for a High School. We still need to get the costs for a K-8 school.) (Using the Meridian School District's 2005 issuance of school bonds as a template, a simulation was constructed using the times when a new school was needed because the demands originating from M3 -Eagle school bonds were issued for the estimated cost of the new school plus an allowance for issuance costs associated with the bonds. Each year thereafter for the twenty year term of the school bonds annual interest and principal payments were subtracted from the projected net fiscal impact that the M3 -Eagle development would have on the District. In the twentieth year it was assumed that bonds would be issued for the construction of the High School and the construction of the 30.0 percent portion of the last Elementary School and the 40.0 percent portion of the second Middle School. ) (The results of that analysis are attached. ) (The analysis shows that a positive net fiscal impact to the Meridian School District remains as a result of M3 -Eagle development. At the twentieth year of the project with reduced taxable property values and accounting for bond issuance expenses and interest, there remains a positive net fiscal impact of $69.7 million to the Meridian School District. ) (This simulation shows that even a considerable reduction in taxable property values will still leave the School District in positive territory throughout the forecast period. ) Consistency with the Foothills Comprehensive Plan (Note: We question the usefulness and appropriateness of this entire section. Our economic impact report is not meant to address land use patterns or consistency with the comprehensive plan. Given the constraints of existing BLM land, we cannot locate a significant activity center on Hwy. 16. We also question the validity of the City's reasoning that our village center is placed inappropriately. It is located at the confluence of 2 future arterials, one of which is the major east/west connector between Hwy. 16 & 55 which will 28 carry over 36,000 cars per day. Its centralized location will also capture trips interior to the foothills rather than forcing traffic out to the highways. In this section we will undertake a brief review of M3 -Eagle's proposed project and the parameters currently set forth in the City's Foothill Comprehensive Plan. One problem with this assessment is that projections of the development of residential units, commercial space, and project amenities vary from source to source. For example, the Impact Analysis calculates property tax revenue and building fees accruing to the City of Eagle based on commercial development of 2.1 million square feet over the 20 -year period. However, a slide submitted to the City Council dated September 25 sates that `enhancements' to the plan have reduced its commercial size to 1.6 million square feet. (This number is correct in addition to 500 hotel rooms.) Another slide shows the number of dwelling units reduced from 12,010 to 5,640, with a maximum of 8,160. (The 12,010 number is not relevant. Projected units are 5,640 to 8,160.) This is a 45 percent difference in expected units. The Impact Analysis determination of net fiscal impacts assumes the maximum number of 8,160 units. Such a large difference in expected units has a significant impact not only on the projected revenues, population, and expenses of the project, but also on the estimates of the development's density. Also, the September submittal to the City Council also has a slide with a 500 -acre vineyard with accompanying residential areas and a village center that are not found in either the Impact Analysis or on M3 -Eagle's website. (The village center is detailed in the website and accounted for in the Impact Analysis. The vineyards are conceptual at this time, but if viable, could raise property values with more positive impacts.) For these reasons, the following comments about the project as it relates to the City's Foothill plan can only be based on our best guess of the estimates, which, in turn, are based on the most recent information. As the definition of the project changes, its ability to meet the requirements of the Comprehensive Plan may also change. The commercial square feet of the project (whether 1.6 or 2.1 million) appear reasonable for its location and size (with the continuing caveat that commercial must follow residential). There is, however, some question as to the placement of the commercial and neighborhood centers. Maps found on M3 -Eagle's website place the major commercial center in the middle of the project, while the city's Comprehensive Plan indicates that major commercial developments should occur at major intersections along Highways 16 and 55. (Many of the September 25, 2007 slides associated with the M3 -Fiscal impact analysis were prepared incorrectly. However, the correct materials were presented to the Mayor and City Council via an overhead projector. Those tables presented in that fashion are a part of the public record as is a notation that some of the slides were incorrect. ) 29 The Community Core area in the center of the project estimates a total of 1.3 million square feet of commercial space (reduced to 880,000 s.f.) plus a 500 unit hotel. This area comprises about 80 percent (55%) of the planned commercial space and contains about 45 percent office space and 55 percent retail space. In its September presentation to the City Council, however, an M3 -Eagle slide states that the development will "(e)ncourage community scale commercial use to locate along SH 55 & 16 with the foothills to promote trip capture along the regional roadway system." (Actually, this language is a goal from the draft Comprehensive Plan and does not refer to the development. The reasoning for placing the village center in the location shown is stated elsewhere.) This statement appears to fit the requirements of the Foothills Comprehensive Plan better than does the map on M3 -Eagle's website or the slide submitted, which has the major commercial development in the middle of the project, away from Highways 55 and 16. In addition, M3 -Eagle's sub -area map, found on their website, shows 88 acres of a highway mixed use business park with no commercial square feet listed. (The Highway Mixed Use Business Park is planned for 600,000 s.f. of commercial space. This was shown in the slide presentation and stated at the council meeting.) If the plan is to put the majority of the commercial space in the community core, as indicated on the website and in the slide, it would certainly be at odds with the city's Comprehensive Plan. Commercial space located along highways 55 and 16, on the other hand, fit better into the Comprehensive Plan's prescribed location for commercial space. Until the scope and location of the proposed commercial properties and neighborhood centers are specifically defined, it is difficult to determine how well they fit within the City's Foothills Comprehensive Plan. The project is designed so that most of the residential and commercial development is in clusters, with significant open space. This approach fits with the City's Comprehensive Plan. The 6,005 total acres that comprise the project are divided into several areas, each with a different mix of lot sizes and open space. Table 1 below outlines each sub -area. 12 M3 -Eagle Area Plan Northern Residential Area 2,760 acres Commerical 120,000 sq ft Single Family Lots 4,919 Units Single Family Attached 351 Units 5,270 1.91 per acre 1,015 acres open space or 36.8% Southwestern Residential Area 407 acres Commerical 0 sq ft Single Family Lots 69 Units Single Family Attached 0 Units 69 0.17 per acre 44 acres open space or 10.8% Southern Residential Area 2,114 acres Commerical 0 sq ft Single Family Lots 128 Units Single Family Attached 0 Units 128 0.06 per acre 1,006 acres open space or 47.6% Commerical Core 636 acres Commerical 1,334,171 sq ft Single Family Lots 200 Units Single Family Attached 1893 Units Multi -Family 300 2,393 5.24 per acre 167 acres open space or 26.3% Mixed Use - Highway 16 Units 88 acres 500 Units 500 5.68 per acre Willow Creek 80 acres open space or 100% Totals from Above Acres 6,005 Units 8,360 Sq ft Commercial 1,454,171 Open space acres 2,312 Percent open space 38.5% 13 Table 1 (Note: The table above needs to be updated, or not even used since development summaries are provided elsewhere for the individual planning areas. In the Totals, the number of units should be 8,160, the square feet of commercial should be 1,600,000, the open space acres should be 2,381, and the percent open space should be 39.7%.) The city's Comprehensive Plan calls for an overall density in the foothills of about one unit for every 2 acres (0.49 per acre based on 49,000 thousand acres and 24,241 units). (There are no densities in the P&Z recommended plan, which is the only current plan of record.) While the Southwestern and Southern area in the M3's project exceed this level, the overall project comes in at between 0.94 and 1.36 units per acre [5,640 to 8,160 residential units and 6005 acres]. The 0.49 units per acre contained in the Comprehensive Plan, however, includes 5,400 acres of BLM land. If all of the BLM land is included in M3 -Eagle's project, the units per acre would vary between 0.49 and .76 units per acre. Therefore, for the project to meet the 0.49 units per acre prescribed in the Comprehensive Plan, all of the total of 5,400 BLM acres would need to be credited to the project and the number of unit would have to be kept at 5,641, rather than the 8,160 units considered in the Impact Analysis. (We don't understand this reasoning. Regardless, this is not a valid analysis because there are currently no densities assigned to the foothills in the plan. Everything in the above paragraph is hypothetical. The council may or may not include densities in the plan and they may be higher than stated above.) The city's Comprehensive Plan also indicates 40 percent of the gross area of a site should be in open space. M3 -Eagle's development proposal appears to meet this goal, with 39 percent of the area designated as open space. This level would be exceeded with the BLM land exchange of 880 acres that could be considered open space. The 39% open space includes the 880 acres.) Finally, the submittal to the City Council indicates that the project is now considering a specific vineyard and wine region within its development area. The would fit with the Comprehensive Plan, which calls for an `Eagle Wine Region' in the foothills. The above review should not be considered comprehensive. As additional information about the project becomes known a more through analysis could be undertaken. The two major aspects of the Comprehensive Plan that appear to be at odds with the M3 -Eagle's development are the placement of commercial space and the density requirement of 0.49 units per acre. (Again, there are no density requirements in the plan. This statement is not valid.) Conclusions Based on our analysis, we believe the Impact Analysis submitted by M3 -Eagle is flawed in five ways. First, and perhaps most importantly, the Impact Analysis does not include capital expenditures in its projections of the costs to various governmental units. Adding these costs 14 significantly changes the net benefits of the project. In the case of the City of Eagle, for example, this one change alone reduces the net benefit from $30.1 million to zero. There would be similar impacts for other governmental units impacted by the development. (Capital costs are not included because we are not sure what they would be or how they would be attributed to M3 Eagle since M3 Eagle is building all its infrastructure. The Impact Analysis also doesn't consider that M3 Eagle is building a municipal water system and turning it over to the City with a revenue stream that should exceed costs. See more detailed comments in the body of the report.) Second, the Impact Analysis' projections of the rate of development and the value of the residential properties are, in our view, too rosy. A slower pace of residential development — and, of necessity, commercial development — would mean that revenues would come in more slowly. There is no guarantee, however, that expenses would be cut proportionately, which might lead to shortfalls in any given year. This would impact all of the governmental units affected by the development. (The bases for these statements are unclear. This critique uses Ada County value figures, which are different than the situation in Eagle. We are working with a national market research firm with broad experience in master planned communities to devise the right mix of housing types to maximize value and absorption, as well as flexibility to address market changes over a long period of time. It stands to reason that if absorption is slower then government services would be commensurate and certain costs would not be incurred by the City.) Even more significant, however, is the prospect that the residential units would not sell for as much as the Impact Analysis assumes. This would reduce revenues to all entities while not necessarily reducing expenditures, since the number of new residents would remain about the same. (The corollary is also true.) Third, the Impact Analysis fails to consider costs that will likely be imposed on governmental entities outside the geographic bounds of the development. The most obvious example is the additional capital and M&O costs related to the maintenance and improvement of Highways 16 and 55, which could exceed $100 million, based on the one study cited above, over the 20 -year period. (As stated earlier, this was not meant to be a funding study and generalizes costs and impacts based on very aggressive density assumptions that may not happen. If densities are reduced, impacts (and costs) will also be reduced.) Fourth, the Impact Analysis' conclusions with regard to the Meridian School District cannot be relied upon because of a mathematical error and the total cost of building new schools. The results of these corrections leave the Impact Analysis's estimate of net benefits at less than $1 million per year. These inconsistencies may well have resulted from the project's evolving design. (The mathematical error has been corrected and building costs have been accounted for. This still results in a positive fiscal impact to the school district.) Finally, while the development's allocation of open space is to be commended, other aspects of the proposed project are less compatible with the city's Foothills Comprehensive Plan. 15 The most obvious is the location of the major commercial center in the middle of the project, rather than at major intersections along Highways 16 and 55. Moreover, should the project go forward with the number of units considered in the Impact Analysis, it would exceed the density requirements in the Comprehensive Plan. (As stated earlier, the village center is ideally placed along east/west and north/south arterials to capture trips internal to the foothills instead of forcing traffic out to the highways. There are no density requirements in the Comprehensive Plan. We also submit that lower densities in the foothills would not provide a rosier economic benefit to the City. The Comprehensive Plan Land Use Map and Circulation Plan still show significant infrastructure requirements that would then be spread over less units that produce less revenue.) Unfortunately, much of this analysis can aptly be described as shooting at a moving target, given the design changes the project is obviously going through. Significant differences between the Impact Analysis, M3 -Eagle's September presentation to the City Council, and its website — particularly with regard to the number of units proposed and the amount and location of the commercial space — make firm conclusions difficult. (These discrepancies have been corrected.) In our view, however — regardless of the specifics that eventually emerge — this analysis raises enough red flags to suggest that at the very least, the City Council needs more information before it can come to a reasonable conclusion about the net benefits of the project. (We believe that with the clarifications, corrections, and additional information and analysis presented, the project still shows positive economic benefits the City, ACRD and the School District and that the Impact Analysis should stand on its own. We welcome the opportunity to meet with Dr. Reading again after he has had a chance to review this information to address and resolve and further issues.) 16 Simulation of Meridian School District Fiscal Impacts due to M3 -Eagle Using a Reduced Total Taxable Value for Property Within the Project and assuming the Issuance of School Bonds for School Construction Protected Number of New Public Schools within M3 -Eagle Using the Meridian School District's Assumption of 0.8 Students per Residential Household School M3 -Eagle Bond Issuance Bond Earned Year Type Share Amount Costs Proceeds Interest 0 1 2 3 4 5 Elementary 100% $10,800,000 $19,090 $10,780,910 $216,000 6 7 8 9 10 Elementary 100% 10,800,000 19.090 10,780,910 216,000 11 12 Elementary & 100% 31,100,000 54,972 31,045,028 622,000 13 Middle School 100% 14 15 Elementary 100% 10,800,000 19,090 10,780,910 216,000 16 17 18 19 20 Elementary & 30% $59,600,000 $105,349 $59,494,651 $1,192,000 Middle School 40% & High School 90% Total School Construction Costs $123,100,000 Assumed School Costs for School Construction and Equipment Elementary School, $10,762,157; Middle School, $20,190,467; High School, $53,499,855. Land costs are not included. School Capacities: Elementary, 650 students; Middle School, 1,000 students; High School, 2,000 students. The Meridian School District's 2005 School Bond Issuance was assumed to be representative of the future bond issues associated with the schhots projected above. Year 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Simulation of Meridian School District Fiscal Impacts due to M3 -Eagle Using a Reduced Total Taxable Value for Property Within the Project and assuming the issuance of School Bonds for School Construction Protected Principal and Interest Payments for the Construction of New Schools within M3 -Eagle Using the Meridian School District's Assumption of 0.8 Students per Residential Household --I- Elementary School #1 Principal Interest 0 0 0 0 0 0 0 0 0 0 $381,595 $513,046 397,783 496,859 210,280 480,947 218,821 472,536 227,362 463,783 235,904 455,146 245,665 445,710 394,122 435,576 469,774 416,582 564,949 395,576 592,607 368,091 622,298 338,461 653,209 307,346 686,155 274,686 720,320 240,378 756,519 204,362 Idaho Economics 793,938 833,798 126,839 875,691 85,149 $919,211 $41,365 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 166,536 F Elementary School #2 Principal Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $381,595 $513,046 397,783 496,859 210,280 480,947 218,821 472,536 227,362 463,783 235,904 455,146 245,665 445,710 394,122 435,576 469,774 416,582 564,949 395,576 592,607 368,091 622,298 653,209 686,155 720,320 756,519 793,938 833,798 875,691 $919,211 0 0 0 0 0 0 0 0 0 0 0 338,461 307,346 274,686 240,378 204,362 166,536 126,839 85,149 $41,365 0 0 0 0 0 0 0 0 0 0 0 Elementary School #3 Principal Interest 0 0 0 0 0 0 0 0 0 0 0 0 O 0 O 0 0 0 O 0 0 0 O 0 O 0 0 0 0 0 $381,595 $513,046 397,783 496,859 210,280 480,947 218,821 472,536 227,362 463,783 235,904 455,146 245,665 445,710 394,122 435,576 469,774 416,582 564,949 395,576 592,607 368,091 622,298 338,461 653,209 307,346 686,155 274,686 720,320 240,378 756,519 204,362 793,938 166,536 833,798 126,839 875,691 85,149 $919,211 $41,365 0 0 0 0 0 0 0 0 0 0 O 0 Middle School #1 Principal Interest O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O 0 0 0 0 0 0 0 0 0 $717,257 $964,337 747,684 933,910 395,248 904,003 411,303 888,193 427,357 871,741 443,412 855,506 461,760 837,769 740,803 818,722 883,001 783,019 1,061,895 743,536 1,113,881 691,875 1,169,690 636,181 1,227,792 577,697 1,289,716 516,307 1,353,935 451,821 1,421,976 384,125 1,492,310 313,026 1,567,231 238,410 1,645,975 160,049 $1,727,777 $77,750 0 0 0 0 0 0 0 0 0 0 2 Year Simulation of Meridian School District Fiscal Impacts due to M3 -Eagle Using a Reduced Total Taxable Value for Property Within the Project and assumina the Issuance of School Bonds for School Construction Protected Principal and Interest Payments for the Construction of New Schools within M3-Eaale Using the Meridian School District's Assumption of 0.8 Students per Residential Household Elementary School #4 Principal Interest 0 0 0 1 0 0 2 0 0 3 0 0 4 0 0 5 0 0 6 0 0 7 0 0 8 0 0 9 0 0 10 0 0 11 0 0 12 0 0 13 0 0 14 0 0 15 $381,595 $513,046 16 397,783 496,859 17 210,280 480,947 18 218,821 472,536 19 227,362 463,783 20-+ 235,904 455,146 21 245,665 445,710 22 394,122 435,576 23 469,774 416,582 24 564,949 395,576 25 592,607 368,091 26 622,298 338,461 27 653,209 307,346 28 686,155 274,686 29 720,320 240,378 30 756,519 204,362 31 793,938 166,536 32 833,798 126,839 33 875,691 85,149 34 $919,211 $41,365 35 0 0 36 0 0 37 0 0 38 0 0 39 0 0 40 0 0 Idaho Economics 30% Share of Elementary School #5 Principal Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $114,478 $153,914 119,335 149,058 63,084 144,284 65,646 141,761 68,209 139,135 70,771 136,544 73,700 133,713 118,237 130,673 140,932 124,974 169,485 118,673 177,782 110,427 186,689 101,538 195,963 92,204 205,846 82,406 216,096 72,113 226,956 61,309 238,181 49,961 250,139 38,052 262,707 25,545 $275,763 $12,409 0 0 10% Share of Middle School #2 Principal interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $286,903 $385,735 299,074 373,564 158,099 361,601 164,521 355,277 170,943 348,696 177,365 342,202 184,704 335,108 296,321 327,489 353,200 313,208 424,758 297,415 445,552 276,750 467,876 254,472 491,117 231,079 515,887 206,523 541,574 180,728 568,790 153,650 596,924 125,210 626,892 95,364 658,390 64,019 $691,111 $31,100 0 0 50% Share of NO School #1 Principal Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $1,893,840 $2,546,231_ 1,974,180 2,465,891 1,043,611 2,386,923 1,086,001 2,345,179 1,128,391 2,301,739 1,170,782 2,258,872 1,219,228 2,212,041 1,956,013 2,161,747 2,331,470 2,067,479 2,803,820 1,963,229 2,941,084 1,826,823 3,088,441 1,679,769 3,241,854 1,525,347 3,405,360 1,363,254 3,574,921 1,192,986 3,754,576 1,014,240 3,940,286 826,511 4,138,108 629,497 4,346,022 422,592 $4,562,011 $205,291 0 0 3 Year Simulation of Meridian School District Fiscal Impacts due to M3 -Eagle Using a Reduced Total Taxable Value for Property Within the Project and assuming the Issuance of School Bonds for School Construction Protected Net Fiscal Impact of M3-Eaale on the Meridian School District Net fiscal impacts from increased O&M expenses attributable to M3 -Eagle and after Annual Principal and Interest Payments for Construction of New Schools Attributable M3 -Eagle Total for All Schools Projected to be Constructed Annual Bond Debt Service Expense Principal Interest Total 0 0 0 1 0 0 2 0 0 3 0 0 4 0 0 5 $381,595 $513,046 6 397,783 496,859 7 210,280 480,947 8 218,821 472,536 9 227,362 463,783 10 617,498 968,192 11 643,448 942,568 12 604,402 916,523 13 688,595 889,118 14 792,311 859,359 15 1,210,105 1,336,283 16 1,983,002 2,245,366 17 2,005,295 2,157,779 18 1,769,998 2,067,806 19 1,923,934 1,987,930 20 4,307,608 4,985,219 21 4,497,902 4,794,724 22 3,607,683 4,600,339 23 4,088,591 4,437,355 24 4,455,024 4,249,908 25 3,829,938 4,053,607 26 4,007,748 3,877,733 27 5,027,268 3,690,275 28 5,615,240 3,443,193 29 6,327,310 3,177,366 30 5,674,872 2,870,184 31 5,958.920 2,586,440 32 6,255,041 2,288,494 33 6,570,015 1,975,742 34 6,897,777 1,647,241 35 6,278,098 1,306,948 36 4,775,391 1,001,682 37 5,015,139 762,913 38 5,267,120 512,156 39 $5,528,885 $248,800 40 0 0 s 0 0 0 0 0 $894,641 894,641 691,227 691,357 691,146 1,585,691 1,586,016 1,520,925 1,577,713 1,651,671 2,546,388 4,228,369 4,163,074 3,837,804 3,911,864 9,292,827 9,292,626 8,208,021 8,525,946 8,704,932 7,883,545 7,885,481 8,717,542 9,058,433 9,504,677 8,545,056 8,545,360 8,543,535 8,545,757 8,545,018 7,585,047 5,777,074 5,778.052 5,779,275 $5,777,685 0 Interest Earned on Bond Proceeds 0 0 0 0 0 $216,000 0 0 0 0 216,000 0 622,000 0 0 216,000 0 0 0 0 1,192,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 From M3 -Eagle Fiscal Impacts Projected Annual Fiscal Surnlus/(DeficItj $350,052 548,994 954,269 1,293,405 1,638,560 1,969,065 2,324,290 2,883,993 3,397,538 3,917,524 5,456,055 6,014,129 7,025,095 7,931,361 8,621,024 9,159,550 9,850,181 10,820,464 11,241,720 11,620,761 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 11,526,158 $11,526,158 Forecasted Annual Fiscal Surplus/(Deficit) After Bond Payments & Interest Earned $350,052 548,993.6 954,268.7 1,293,405.2 959,918.4 1,074,424.1 1,633,062.8 2,192,635.5 2,706,391.9 2,547,833.7 3,870,038.8 5,115,204.3 5,447,381.9 6,279,690.8 6,290,635.4 4,931,180.8 5,687,106.6 6,982,660.8 7,329,856.0 3,519,933.8 2,233,531.7 3,318,136.1 3,000,211.6 2,821,225.8 3,642,612.6 3,640.676.3 2,808,615.1 2,467,724.4 2,021,481.0 2,981,101.6 2,980,797.3 2,982,622.3 2,980,400.7 2,981,139.0 3,941,110.8 5,749,083.9 5,748,105.3 5,746,882.1 5,748,472.3 $11,526,158 4. Cumulative Annual Fiscal Surplusl(Deficitl $350,052 899,046 1,853,315 3,146,720 4,106,638 5,181,062 6,814,125 9,006,761 11,713,152 14,260,986 18,131,025 23,246,229 28,693,611 34,973,302 41,263,937 46,195,118 51,882,225 58,864,886 66,194,742 69,714,675 71,948,207 75,266,343 78,266,555 81,087,781 84,730,393 88,371,069 91,179,684 93,647,409 95,668,890 98,649,991 101,630,789 104,613,411 107,593,812 110,574,951 114,516,062 120,265,146 126,013,251 131,760,133 137,508,605 $149,034,763 4 RECEIVED & FILED CITY OF EAGLE OCT 2 2 2007 File. Route to: TO: Nichoel Baird Spencer DATE: October 22, 2007 FROM: Gary Funkhouser SUBJECT: Dr. Reading Economic Analysis MEMO The Reading report has taken the Tier 1 Highway 55 Transportation Study and presented the material totally out of context. If Dr. Reading had interpreted the study as it was intended he would have realized that the costs stated, included all roadways impacted by the development of the total foothills area which included all the major roadways between SH55 and SH16 south of the Ada County Line to Chinden Blvd. Not just SH 55 as Dr. Reading Stated before City Council. The 55 study itself is misleading and could lead someone to interpret the increased costs of $100 Million was the direct result of the M3 development. The way the study was conducted, is that only the developfnents adjacent to 55 were considered first and then they added in the M3 development. They cost out the improvements necessary the same way and reported the increase cost increment as if it was M3 only. If the M3 development was considered first then the increase cost could be attributed to the Highway 55 Developers and not M3. The CONCLUSION section of the 55 report ties the developments together and reports that both areas use the same arterial systems and both should be considered together, but Dr Reading didn't pick up on that important fact. When Stanley Consultants cost out impacts of M3 alone with out the Highway 55 developers, their incremental costs attributed to M3 were less than $50 million. The Highway 55 Study also used 10,300 units and 2.1 million square feet of commercial uses to come up with the incremental cost for the M3 development. Since that time the requested uses have been reduced. The current request is for 8160 units and 1.6 million sq ft of commercial. The traffic impact results from this reduction are 25000 trips or equivalent to a new 5 lane roadway. It would behoove Dr. Reading to examine his sources closer before reporting final conclusions. If you would like to discuss this further. Please feel free to contact me. SUPERINTENDENT Dr. Linda Clark oint School District No. 2 1303 E.Central Drive • Meridian, Idaho 83642 • (208) 855-4500 • Fax (208) 350-5962 17 October 2007 Mayor Nancy Merrill City of Eagle 660 E. Civic Dr. Eagle, ID 83616 Dear Mayor Nancy; nf;aycr,' City Council City Clerk P & "Dept_ Bldg. Dept Attorn ev Engineer RECEIVED & F1LI CITY OF EAGLE OCT 19 2007 Filer Route tvv This letter is written, as promised, to underscore that the data and testimony presented to the city by Trustee Anne Ritter regarding Joint School District No. 2's growth projections, building costs, etc. for potential foothills development represents the district's position. As Vice Chairman of the school board, Trustee Ritter presented the facts, figures, and position of the school district. Further, to underscore the substance our telephone conversation, the district has been working with the M3 developers regarding the impact of their development on the school district. M3 has reiterated its commitment to provide "any and all land necessary for schools" in the development, a commitment enthusiastically embraced by the district. Jointly, we have looked at current school construction funding limitations in Idaho, and examined creative solutions that are in place in other states. We will continue to work to support changes in Idaho law that would enhance the ability to construct school buildings without total responsibility being born by the tax payers through bonds that must be passed by the school district. Finally, it is important to also reiterate that the district does not support the M3 proposal to build the initial school in the M3 development, and to have the district pay for the school through the purchase of school site land. This proposal poses several challenges for the district, including, but not limited to setting an obligation for a future board of trustees to repay the debt (purchase the land) at a time when funds may not be available for this purchase. As a matter of long -held practice, the board of trustees is careful not to obligate funds from future budgets that would be beyond the responsibility of their current positions. As we discussed, this is only one of several issues that make this proposal less than desirable for the district.