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GENERATED BY THE TRPCK SCALES IS REQUIRED TO RESOLVE THE VARIANCE
WITH PREVIOUSLY REPORTED FIGURES.
A LETTER DETAILING THESE AND OTHER PROBLEMS, SUCH AS THE
SHERIFF'S FIGURES BEING FOR 1986-87 EXPENDITURES, WILL BE SUBMITTED
AT THE CONCLUSION OF THIS PRESENTATION.
THE AREA WEST OF I-5 IS AN INTEGRAL PART OF THE PROPOSED
CITY. ONE EXAMPLE IS THE VALLEY'S LARGEST EMPLOYER, SIX FLAGS MAGIC
MOUNTAIN, IS LOCATED THERE. 3,000 EMPLOYEES, MANY OF WHOM ARE LOCAL
HIGH SCHOOL STUDENTS, ARE GAINFULLY EMPLOYED BY MAGIC MOUNTAIN.
PROPERTY TAXES AND SALES TAXES GENERATED BY MAGIC MOUNTAIN AND
NEARBY COMMERCIAL ENTERPRISES (SUCH AS THE RESTAURANT ROW ON THE OLD
ROAD) ARE IMPORTANT REVENUE SOURCES FOR THE CITY.
THE COMMERCIAL ENTERPRISES USE THE SAME STREETS, WATER AND
SEWER SYSTEMS, DEPEND UPON THE SCHOOLS AND ADULT RESIDENTS FOR A
LABOR FORCE; THEY ARE SERVED BY THE SAME SHERIFF, FIRE DEPARTMENT
AND HOSPITALS WHICH SERVE THE PROPOSED CITY.
A SUBSTANTIAL NUMBER OF LONG ESTABLISHED BUSINESSES AT THE
CORNER OF PICO CANYON AND I-5 ARE CURRENTLY BEING AUGMENTED BY A
COMMERCIAL CORRIDOR INCLUDING TWO MAJOR HOTELS (ONE A 130 ROOM
HAMPTON INN, AND THE OTHER A 257 ROOM HOLIDAY INN). FOUR MAJOR
OFFICE BUILDINGS, AND A TRACT OF VERY POPULAR LARWIN HOMES, THE
FIRST FOUR PHASES OF WHICH ARE COMPLETELY SOLD, ARE LOCATED HERE AS
WELL. OMISSION OF THESE RESIDENCES AND THE IMPORTANT REVENUE
GENERATING BUSINESSES IS UNCONSCIONABLE. THE COMMERCIAL
DEVELOPMENT AND NEW RESIDENCES WILL BE SERVED BY THE VERY SAME
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SERVICES AS THE BALANCE OF THE PROPOSED CITY.