Agenda

All on site drives and trash pickup will be privately maintained; public water and
sewer will service the property with user fees covering all costs. To gain a full
understanding of the fiscal ramifications to the community, this report will provide

a fiscal analysis of the proposed project.

Local Trends

Census figures report that from 2000 to 2010 Nashua’s population decreased
from 86,605 to 86,494, reporting a small decrease in population over the 10 year
period. The most recent Census! data reports Nashua’s population to be 88,872.

FOUGERE PLANNING & DEVELOPMENT, Inc.

Mark J. Fougere, AICP

253 Jennison Road Milford, New Hampshire 03055
Ph : 603-315-1288 email: Fougereplanning@comcast.net

FISCAL IMPACT ANALYSIS

The Charlotte
Nashua, NH

January 15, 2021

Introduction

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Prepared By
Fougere Planning & Development, Inc.

Appendix A

Fiscal Impact Analysis by Fougere Planning & Development

Section 5 — Closing/Summary

The John Flatley Company has filed paperwork with the Nashua Board of Alderman to
have approximately 31.55 acres of land re-zoned to RC from Park Industrial (PI). A
portion of this area is within the already developed Tara Heights Apartments. This
zoning change will leave over 248 acres of PI land available within Gateway Hills for PI-

zoned uses.

Development building due to the fact that peak traffic flow for the proposed housing is
OPPOSITE the predominant flow of traffic into/out of Gateway Hills. In addition, there will be
130 LESS trips leaving the site in the afternoon. In layman’s terms. there will be NO traffic
impact as a result of this zoning change and future project. All of that said, should the Planning
Board, during the site plan process, request that the John Flatley Company either improve Spit
Brook Road or contribute to the City’s aforementioned D.W. Highway/Spit Brook Road traffic

Section 4 — Response/Adherence to April 22, 2021 Letter to Nashua Zoning Board from

Nashua Director of Economic Development

Section 3 — Positive Fiscal Impact of Apartment Develonment

Section 2 — Gateway Hills Requested Zoning Change

Section 1 — Gateway Hills Existing Zoning & Existing Site Development

Gateway Hills, located on the north side of Spit Brook Road and abutting the F.E. Everett
Turnpike, consists of over 400 acres of land with multiple zoning designations throughout. To
the far north, near the City-owned Proctor Park, lies an area that is zoned R-18 and R-40, which
primarily allows the construction of single-family homes on lots 18,000 square feet (sf) and
40,000 sf, or of lesser size if developed as an open space subdivision.