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San L dro Park Impact Fee Study <br />per acre was adjusted downward to approximately 76 percent of the base development cost per <br />acre estimate. <br />The resulting value of park development, $227,700 per acre, is applied to the non-golf course <br />land to estimate the City's existing investment in parkland development per acre. The $227,700 <br />per acre figure is also applied to the 86,5 acres of Joint Use Agreement School District facilities. <br />Development at the golf courses is valued at $0, because the costs of redevelopment of the golf <br />courses were incurred by the golf course concessionaires, not the City. <br />The weighted average value per acre of existing City of San Leandro park improvements, after <br />adjusting for the condition of existing parks and excluding golf course development, is $114,434 <br />per acre. Special use facilities such as Farrelly Pool are not valued separately because it is <br />assumed that they are not likely to be expanded. <br />Total Cost Per Acre <br />The land and improvement values above are combined to yield a total acquisition and <br />development value of $346,348 per acre of parkland. <br />FEE CALCULATION <br />As shown in Table 3, the existing standard for developed parkland is 4.86 acres per 1,000 <br />population. Consequently, the estimated value of park and recreation facilities is $1,684.50 per <br />person (equal to the total cost per acre of $346,348 multiplied by 4.86 acres per 1,000 <br />population). <br />This per capita cost of expansion is translated to a per-unit fee by multiplying by housing unit <br />occupancy factors. The most current data on housing unit occupancy is provided by the <br />California Department of Finance (DOF). DOF Report E-5 (1999) estimates a City of San <br />Leandro household population of 75,052 in 30,829 housing units in January 1999, for 2.43 <br />residents per housing unit. <br />This estimate is further adjusted to reflect different occupancy factors for single family and <br />multifamily housing units. Using 1990 Census data for owner-occupied and renter-occupied <br />units as proxies for single family and multifamily units respectively, a single family-occupancy <br />to multifamily-occupancy ratio of 1.26 can be estimated. Holding this ratio constant, and <br />controlling to the Department of Finance 1999 data, it is estimated that there are 2.62 persons <br />per single family unit and 2.09 persons per multifamily unit in 1999. Finally, to calculate the <br />2020 per-unit occupancy factors, the 1999 factors are multiplied by 0.976 to reflect the ABAG <br />Projections '98 estimate that average household size in San Leandro will decline 3.3 percent <br />Hausrath Economics Group 9