Project Benefits

Economic Benefits to City

The Economic Benefits to the City are estimated as follows:

$91,000,000: Transient Occupancy Tax over the first 20 years from the Resort and Residential Units

$7,500,000: Park Land Donation and Site Rough Grading

$3,000,000: Community Park Construction Contribution

$200,000: Fire Department Substation Land Donation and Site Rough Grading

$1,750,000: Fire Department Substation Construction Contribution

$7,500,000: Affordable Housing Land Donation and Site Rough Grading

$1,000,000: Affordable Housing Construction Contribution

$400,000: Trail System Construction Value (preliminary estimate)

$18,400,000: Property Tax Revenues to Healdsburg (21 years)

$4,000,000: Sales Tax Revenue (20 years)

$8,500,000: Development and Impact Fees Revenues

$143,250,000: Total Estimated Benefits (rounded) to the Community of Healdsburg

Summary of Community Benefits

Helping Our Schools

Basic Aid Status for the schools of Healdsburg will go into effect by approximately 2013 due to the Saggio Hills development. This is a huge benefit to the local public school funding.

“The Saggio Hills project will provide the necessary funding to keep our schools viable well into the future – enabling us to save key programs, such as art, music, AP, agriculture and many others.
We need the Saggio Hills project.”

Bob Carter
Former Superintendent Healdsburg Unified School District

Resort and residences utilizing green building techniques. The Resort will be LEED (The Leadership in Energy and Environmental Design) Certified.
Construction of the Community Park concurrent with Resort and Residential Development
Donation towards the construction of the Community Park
Donation towards building a new Fire Department Substation
14.3-acres donated for Affordable Housing
37-acres donated for the Community Park and new Fire Department Sub-Station including 5-acres of Wetland Mitigation Area
Trail System with access connecting Fox Pond, the Community Park, Resort and Healdsburg Ridge
Annual Transient Occupancy Tax (TOT) revenue from both the Resort and Residential components
Applicant to build all of the market rate Residential Units and the Resort
Maintain control over architectural design and building locations
Protection of view sheds and ridgelines
Total economic benefits to the City in the first 20 years of operation of the Resort is approximately $143,250,000