2020-08-18 City Managers Office ReqsTuesday, August 18, 2020 at 16:00:11 Pacific Daylight Time
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Subject:FW: Fiscal Impact Analysis
Date:Tuesday, August 18, 2020 at 3:38:15 PM Pacific Daylight Time
From:Cheri Flores
To:Nicole Criste, ConsulFng Planner
ABachments:image001.png, image002.png
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
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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