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Item 28 - Public Hearing - ZOA No. 20204-01 South Coast Technology Center
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Item 28 - Public Hearing - ZOA No. 20204-01 South Coast Technology Center
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8/6/2024 9:17:46 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Planning & Building
Item #
28
Date
8/6/2024
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ta <br />www.FinanceDTA.com <br />SECTION II <br />INTRODUCTION <br />compensation. Please refer to Figure 4 for a graphical representation of the <br />multiplier effect. The multiplier factors available to determine indirect/induced <br />impacts are intended to reflect impacts for entire areas within the County. <br />Figure 4: Multiplier Effect of Project Expenditures <br />Outside <br />Purchases Outside <br />Labor Outside <br />I <br />Source: Northern Economics, Inc. 2011. <br />D Study Limitations <br />The economic models in the Study contain an analysis of revenues and impacts to the <br />County and City resulting from the Project. These models are based on information <br />provided to DTA by the Project proponent, certain assumptions taken from DTA's <br />proprietary databases as compiled from previous studies prepared by the firm, Spotlight <br />by Environics Analytics, and Internet research performed by DTA regarding various <br />industries. The sources of information and basis of the estimates calculated in the Study <br />are stated herein. While DTA is confident that the sources of information are reliable, <br />DTA does not express an opinion or any other form of assurance on the accuracy of such <br />information. The analysis of economic impacts contained in this report is not considered <br />to be a "financial forecast" or "financial projection" as technically defined by the American <br />Institute of Certified Public Accountants. The word "projection" used within this report <br />relates to broad expectations of future events or market conditions. Since the analyses <br />contained herein are based on estimates and assumptions that are inherently subject to <br />uncertainty and variation depending on evolving events, DTA cannot represent that such <br />estimates will be achieved. Some assumptions inevitably will not materialize, and <br />unanticipated events and circumstances may occur. Therefore, the actual results <br />achieved may vary from the projections stated throughout the Study. <br />South Coast Technology Center Project May 13 2024 <br />Economic Impact Study <br />■ 9 <br />
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