1. Final Program Environmental Impact Report Gillespie Field Development Council January 17, 2012 Item #5

2. Gillespie Field 70-acre Redevelopment Project: Vicinity Map 2

3.  Redevelopment of the vacant 70-acre site  County – Infrastructure Improvements  Private Developers – Aviation Use Development 3

4.  Meet existing unmet and forecast market demand  Comply with Federal grant assurances  Revenue-generating asset to the County and the surrounding communities 4

5. Biological Resources Hazardous Materials Traffic & Transportation 5

6.  Public Review of Draft Program EIR  September 15 – November 7, 2011  Gillespie Field Development Council supported project on September 20, 2011  Draft Program EIR Public Review Open House on October 5, 2011 6

7.  87 public comment letters received  70 in favor of Proposed Project  Expansion of aviation facilities  Economic growth  7 against Proposed Project  Noise and safety concerns under flight path  10 neutral ( responsible agencies and stakeholders )  Program EIR analysis 7

8.  March 14, 2012 – CEQA Final Program EIR certification by Board of Supervisors  NEPA Draft EA  Public review tentatively anticipated February 2012  FAA EA completion tentatively anticipated May 2012 8

9. PhaseDescription Cost (millions)ACIP FAA Grants received to date$0.4Past AEF spent on Environmental and Preliminary Engineering$1.0Past IEnvironmental and Design$2.72012-2013 II Grading, Drainage and Street Improvements$15.02014 III Taxiways, Ramps and Utilities for first 4 Parcels$11.52015 Total$30.6 FAA contribution $27.9 mil AEF contribution $ 2.7 mil 9

10.  4 parcels in initial private development phase - Total 19.82 Acres  Remaining 4 parcels developed in future  Timing dependant on funding and need 10

11.  RFP to GFDCSep 2013  Publish RFPNov 2013  Select Semi-finalists Jul 2014  Select DevelopersJan 2015  BOS ApprovalAug 2015  Private Construction Start Jan 2016 11

12.  Meets forecasted growth, regional goals, TAF  Increased facilities for General Aviation  Annual revenue - $285K initial/$792K project  Private investment - $27M initial/$67M project  Annual tax increment- $272K initial/$670K project  Cajon Air Center project jobs  Construction - 700 initial/1,200 project  Aviation - 200 initial/440 project 12

13.  Economic Impact Study prepared by CIC Research  Annual Gillespie Field Economic Benefit  Direct $403M / 3,164 jobs  Total Economic Activity $919M / 6,250 jobs  Gov Revenue $9.9M local /$51.2M federal/state  2025 (After Development) Annual Projection  Direct $530M / 4,190 jobs  Total Economic Activity $1.2B / 8,250 jobs  Gov Revenue $13M local /$67.2M federal/state 13

14. The Gillespie Field Development Council recommends the County of San Diego Board of Supervisors approve the Gillespie Field 70-Acre Redevelopment Project, certify the Program Level Environmental Impact Report and authorize DPW to apply for and accept grant funds for construction of the project. 14