Summerhill Homes

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City of Hayward
City of Hayward
Mt. Eden Area Annexation Study
Community Meeting March 17, 2004
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Mt. Eden Study Area
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Summary of Previous Community Meetings

• October 1, 2003
• Study objectives
• Existing General Plan designations
• Existing prezoning designations
• Study timeline
• December 6, 2003
• Study update
• Study area boundary
• Proposed prezoning designations
• Residential development potential
• Scoping session for environmental impact report

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Summary of Estimated Fiscal Impacts to Citys
General Fund
Alternative A
B C Total Revenues 431,976
473,710 506,443 Total Expenditures
324,522 349,055 373,588 NET BALANCE
107,454 124,655 132,856

Alternative A assumes 375 new additional
units Alternative B assumes 475 new additional
units Alternative C assumes 575 new additional
units
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Summary of Estimated Annual Net Tax Increment
Funds
Alternatives Year
A B C (in millions
of dollars) 2010 1.32 1.42
1.43 2017 1.61 1.71 1.72

Alternative A assumes 375 new additional
units Alternative B assumes 475 new additional
units Alternative C assumes 575 new additional
units
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Summary of Major Improvements

• 4 foot wide sidewalks for both sides of streets
• Proposed curb to curb widths of 36, 40 and 48
  feet, comprised of
• 8 foot wide parking stalls on both sides of
  streets (none along Middle Lane), and
• 10 to 12 foot wide travel lanes
• (four lanes for Middle Lane)
• Storm Drain
• Water System

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Summary of Infrastructure Cost Estimates
North Saklan Subtotal
2,468,223 South Saklan Subtotal
4,570,678 Saklan Island Total
7,304,901 Dunn Island Total 1,900,479 Depot
Island Total 314,355 TOTALS
9,519,735

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What did we learn?
With regard to the general fund, revenues would
exceed expenditures by approximately 100,000.
If all anticipated tax increment funds are
available, improvements can be funded without
cost to property owners.

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City of Hayward
City of Hayward
Mt. Eden Area Annexation Study
Community Meeting March 17, 2004
www.hayward-ca.gov