Old Greenwood Fiscal Impact of Master Plan Amendment

This report has been prepared pursuant to the Town of Truckee (Town) requirement that an economic impact assessment be provided for a proposed change in land use for certain properties in the Old Greenwood development area. The properties examined in this analysis belong to Northlight Old Greenwood Acquisition LLC (Northlight).

The economic impact assessment addresses the following:

• Fiscal impact on the Town’s General Fund.
• Town-wide economic impacts including job creation.
• Qualitative discussion of fiscal impacts on the Truckee Fire Protection District (TFPD), Truckee Donner Recreation and Parks District (TDRPD), Truckee Donner Land Trust (TDLT), and Tahoe Mountain Resorts Environmental Fund (TMREF).