2020-08-18 Fiscal Impact Analysis1
From:Nicole Criste <ncriste@terranovaplanning.com>
Sent:Tuesday, August 18, 2020 3:59 PM
To:Cheri Flores; Consulting Planner
Subject:Re: Fiscal Impact Analysis
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Thanks Cheri. I will include this in the comments to be provided to the applicant.
Nicole Sauviat Criste
Principal
TERRA NOVA PLANNING & RESEARCH, INC.®
42635 Melanie Place, Ste 101
PALM DESERT, CA 92211
(760) 341-4800
FAX#: 760-341-4455
E-Mail: ncriste@terranovaplanning.com
From: Cheri Flores <clflores@laquintaca.gov>
Date: Tuesday, August 18, 2020 at 3:38 PM
To: Nicole Criste <ncriste@terranovaplanning.com>, Consulting Planner <ConsultingPlanner@laquintaca.gov>
Subject: FW: Fiscal Impact Analysis
Nicole,
See below regarding fiscal impacts for the Wave project.
Cheri L. Flores | Planning Manager
City of La Quinta
78495 Calle Tampico La Quinta, CA 92253
Ph. 760-777-7067
www.laquintaca.gov
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From: Gilbert Villalpando <Gvillalpando@laquintaca.gov>
Sent: Tuesday, August 18, 2020 3:33 PM
To: Cheri Flores <clflores@laquintaca.gov>
Subject: Fiscal Impact Analysis
2
Hi Cheri,
We will need to see a fiscal impact analysis for the future wave pool. The FIA should
focus on annually-recurring impacts to the City’s General Fund. The preliminary analysis
should provide a “snapshot” of the annual impacts at full buildout of the Project. The
final report will include year-by-year projections leading up to buildout. The costs would
need to cover public safety and maintenance for the area. The City does not receive
property taxes for another 15 years.
Thank you,
Gilbert Villalpando | Assistant to City Manager
City Manager's Office
City of La Quinta
78495 Calle Tampico ◦ La Quinta, CA 92253
Ph. 760.777.7094
www.laquintaca.gov
www.playinlaquinta.com
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