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<br />'From Jeff Bronow, TA Inc. to 651 490 2931 <br /> <br />at 11/19/99 11:04 AM <br /> <br />Pg 004/005 <br /> <br />methodology assumes that the regional jobs to housing ratio remains constant. <br /> <br />The jobs to housing ratio in Roseville will ~ertainly increase under the concentrated growth <br />projections, but it is assumed that the regional jobs to housing ratio is assumed to remain <br />constant. <br /> <br />9. On Page 32 there is a statement indicating that it is not true that no redevelopment <br />occurs wtder the Trends scenario, rather redevelopment just occurs at slower rates. <br /> <br />The scenario descriptions provided by the City indicates that the assumption was made that there <br />was to be a complete build out of all vacant developable land. The description further states that: <br />"Trend Development was examined in two parts. First, the projected growth of residential units, <br />and second, the projected gro\\1h in employment. In both cases, the underlying Future Land Use <br />assigned to each parcel of vacant developable land was used to fonnulate the number of <br />residential units that each parcel could support or the number of jobs. <br /> <br />If the City wishes to change these assumptions, let me know. And please provide a revised <br />scenario description. If redevelopment does occur under the Trends scenario, I need to know <br />how nmch ofthe projected growth is redevelopment and how much is development of vacant <br />land. <br /> <br />-- <br /> <br />10. On Page 33, it was indicated that the table at the top of the page was confusing. <br /> <br />I will reverse the table to make it more clear indicating percent redevelopment instead of percent <br />~~~~~~ - <br /> <br />11. On Page 33, there is a question regarding whether the City provided data on the new <br />market value versus the replaced market value of residential development. <br /> <br />This data was not provided. Similar data on for retail space was also not provided. Hence, I <br />made the assumptions I did. The City either needs to provide the data or let me know if the <br />estimates are not valid and then provide me with better estimates. luere is another comment on <br />the bottom ofthe page that I cmmot read. <br /> <br />12. On Page 34 there is a question of where the apartment class rate is in the table. It was <br />also indicated that the local sales ratio is 90 percent. <br /> <br />This will be addcd to thc tablc in thc final version ofthe model and was inadvcrtcntly lcft out <br />when it was being prepared for the draft LOS. The local sales ratio can be adjusted. <br /> <br />13. On Page 36 there is a question of what the personal property assessed value is. <br /> <br />This value refers to utilities and other non-exempt personal property for non-residential <br />development. Given that a significant majority of personal property is exempt from this tax. we <br />have, with input from metro council, chosen not to try to measure this. This is consistent with aU <br />the other cities evaluated as part ofthis study. <br /> <br />Page 4 <br />