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Ms. Kitty Walker January 27, 1989 <br /> "Mountain House" New Town Proposal Page 3 <br /> transfer to a new municipality. There are, however, a number of revenues allo- <br /> cated by the State to cities which are shared with counties prior to incor- <br /> poration. These could potentially provide some income to a new city, although <br /> not a substantial amount. The financial viability of a new city largely depends <br /> upon a diverse property tax base (not significant in this case unless the county <br /> had provided extensive and costly services from its General Fund previously) and <br /> commercial development which can provide a substantial source of sales tax, <br /> business license fees, etc. <br /> An economic analysis to determine whether or not the cost of infrastructure <br /> including public water facilities, public sewage treatment facilities, storm <br /> drainage facilities, road construction, etc. , should be done. The cost of deve- <br /> lopment of these public facilities should be compared to the costs of extending <br /> similar services now provided by an existing municipality such as Tracy. <br /> Conclusion <br /> My comments above were only intended to raise a few of many issues which ought <br /> to be explored before approval of this project. I think the applicants would be <br /> far better off if they could locate the proposal in a site that does not involve <br /> two counties. Even if the issues were only presented to one county, we have <br /> serious reservation as to whether the proposal is economically feasible from the <br /> governmental finance point of view. I would be interested in attending any <br /> general staff reviews or discussions of this proposal . <br /> MGW:dly <br /> c: David D. Rowlands, Jr. <br /> County Administrator <br /> Richard Laiblin <br /> Deputy County Administrator <br /> #BO1-21.1 <br />