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May 20, 2005
Sorry Mr. Davey: Arden Arcade area would be viable as a city
Study: Arden Arcade area would be viable as a city - 2005-05-19 - Sacramento Business Journal
Sacramento Business Journal - 10:07 AM PDT Thursday
Study: Arden Arcade area would be viable as a city
A feasibility study concludes that Sacramento County's Arden Arcade area has an adequate tax base to support itself as a city.A Cityhood Study Team was formed 14 months ago to determine whether the 16-square-mile area would be viable as a city.
The Initial Feasibility Study, prepared by Economic and Planning Systems of Berkeley, found that Arden Arcade generates roughly $32.9 million dollars in revenue from sales taxes, property taxes, utility users taxes, hotel taxes, franchise fees and business license taxes. Sacramento County returns about $19.6 million of the tax revenue to the community in the form of municipal services, such as sheriff's services, road maintenance and land-use planning, according to the study. This leaves $13.3 million to be spent elsewhere by the Board of Supervisors.
Arden Arcade is bound by the American River on the south; Capital City Freeway, Auburn Boulevard and Winding Way on the north; Mission Avenue on the east, and the city of Sacramento on the west.
More details about the study and the next steps in the incorporation process will be discussed at a news conference scheduled for Friday at 9:30 a.m. near the entrance to Country Club Centre at El Camino Avenue and Yorktown.
Posted by cystdog at May 20, 2005 06:44 AM
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