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growing new revenue streams. RSG was hired to provide contract professional staffing and economic development implementation services immediately following the adoption of the economic strategic plan. Contact: John Davidson, City Manager 626.430.2217 RSG Staff: Jim Simon, Tara Matthews, and Suzy Kim VILLAGE AT TOPANGA FEASIBILITY AND FISCAL IMPACT ANALYSIS - CITY OF LOS ANGELES The Office of the Chief Legislative Analyst for the City of Los Angeles contracted with RSG to conduct a Feasibility and Fiscal Impact Assessment for the Village at Topanga Westfield Mall ( "Project ") in 2012. The Project feasibility conclusion, which indicated the developer was facing a significant funding shortfall, was based on an estimate of construction costs and the project valuation using the direct capitalization, discounted cash flow and internal rate of return methodologies. To assist in the development, the City structured a subvention payment not to exceed 50% of the net new site - specific tax revenues generated by the Project over a 25 -year period. Based on RSG's analysis, the City Council approved a subvention of up to $25 million in exchange for expediting the Project into a single phase, and generating about 1,300 new permanent jobs for the West Valley. Contact: Ivania Sobalvarro, Office of the Chief Legislative Analyst 213.473.5745 Oscar Ixco, Office of the Chief Legislative Analyst 213.473.5705 RSG Staff: Jim Simon, Tara Matthews, and Brandon Fender PROPERTY DISPOSITION AND MARKETING PLAN (GENERAL OFFICE AND RETAIL) - CITY OFATASCADERO The former Redevelopment Agency of the City of Atascadero owned a high -value property former utilized as a temporary city hall after an earthquake damaged the historic city hall a number of years ago. The property has been vacant for some time. The City retained RSG to determine the uses that would result in the maximum value or sales price for the property as well as uses that would act as a catalyst for economic development in the community. RSG conducted a market study, identified feasible potential uses for the property, completed pro forma analyses to determine which uses would be financially feasible, and finally presented 3 development options for the property. RSG staff identified the strengths and unique character of the community in concert with the market study. The market analysis determined that uses that reach consumer outside of the city limits (i.e., regional draw) were the most effective option for the property. The final report also contained a marketing plan for the effective disposition of the property. The report was presented to the City Council and a community /council workshop is planned for January 2015. Contact: Jeri Rangel, Director of Administrative Services 1Y01-11EININCERN RSG Staff: Hitta Mosesman and Dima Galkin GRAND AVENUE LOS ANGELES - CITY OF LOS ANGELES RSG was retained by the Office of the Chief Legislative Analyst in February 2014 following the approval bey the Grand Avenue Authority (GAA) of the Related Companies /Gerhy Partners conceptual site plan and 4h amendment to the disposition and development agreement. Due to the GAA's aggressive schedule that compels the developer and City to execute additional agreements conditioned upon financial analysis, RSG had less than 60 days to commence and deliver a draft report on this iconic, $950 million 25A -11