6920 SEAWAY BLVD 2018-01-01 MF Import

f II-11 . Employment and Population - [he impac[ of our Proposal upon [he immediate Southwest Everett area is not considered [o be of great significance. Our employee residence distribution has been recen[ly compiled to show the geographical areas affected b;� our presence. A[tached are copies of the residence surveys for both our Mountlake Terrace and for our Everett facilities. From this data you can see that over sixty (60) percent uf our Mountlake Terrace employees presently reside in [he Snohonish County area as compared to 82Y. a[ our Evere[t Plant. . Qur estimate of the Phase I impact of our Proposal indicates that an initial 15 to 20 percent of [he total number of ltountlake Terrace facility employees (594) would relocate. This 20 percen[ or 119 employees who would consider movinF to Everett or Snohomish County from Seattle " or east of Lake Washing[on, represen[s over 51 percent of [hose employees curr�ntly residfng in the King County area (see Mcantlake Terrace „ employees residence ta'ole). As indicated earlier, no new hires are anticipated in conjunction with Phase I. Since thz manufac[uring of electronic instrumentation is considered a basic industry, a "multiplier e£Eec�' mus[ he taken in[o consideration as well. Each of [he 119 employees relocating into [he area could generate approximately 2 additional 3obs in Snohomfsh County: applying the multiplier shows an indirec[ employment impacc of 238 jobs. A reduction in employment in King County is anticipated since the eroployees relocating in Evere[t an�. Snohomish County wi21 be trznsferred from the riountlake Terrace facility. In fact, all 594 e::o.'.oyees currently ee�pleye�' at the Mountlake ierr�cz facili:y will be transferred ta the Everett site; therefore, these �obs will be elimineted in Mountlake Terrace. Employment reduction in King Caunty would be 238 secondary emnloymen[ jobs (due to relocation of 1]9 basic industry employees). The population impact is arr.ived at by applying the multiplier to the number of employees relocating to the Everett and Snohomish County area. The 20 percent oc 119 employees who would relocate could genera[e two additional �obs each or a .238 job indirec� employment impact. Thus, the impact of Phase I would add a total of 35? employees who would potentially reside 3n Everett or Snohomish Couuty. Assuming a family population ra[e of 2.7 people per household, we arrive at [he maximum impact of the proposal of 964 additional people. A eimilar reduction of popula[ion in King County wuld be an[icipated as transferred employees relocate. In summary it is believed that the overall impact apon the population of the general area, and in particu7.ar to the City of Ev�srett, would � be minimal and should be within thr, general growth plan:i of the community. i -5- , ' . .