You are the mayor of a midsized town. Given growing interest in environmental issues in your area, the Environmental Protection Agency (EPA) has proposed opening a new regional office in your town. The proposed building site is in a high-traffic commercial area of town where a local developer has also proposed constructing a strip mall with specialty shops. Representatives from both the EPA and the real estate development company are seeking preliminary building approvals prior to submitting offers to purchase the single parcel of land. The finance director has provided you some information for the upcoming town council meeting where the opposing proposals will be discussed by the building committee.

Required

Prepare a memo to town council members comparing the financial impact of accepting proposals from the EPA or the developer. Include a list of additional information that you believe is necessary to decide between the proposals. 

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Park Street Commercial Site Proposal Comparisons Property taxes generated Proposed sales taxes generated New jobs generated EPA Regional Office $0* $0 50 Strip Mall Development $124,000 $ 84,000 75