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L. WILLIAM SEIDMAN RESEARCH INSTITUTE JAIL DISTRICT SALES TAX STUDY FOR YAVAPAI COUNTY BOARD OF SUPERVISORS This Agreement is entered into on this day of March, 2015 (the “Effective Date”) by and between The Arizona Board of Regents, a body corporate, for and on behalf of, Arizona State University (“ASU”), and the Yavapai County Board of Supervisors, hereinafter referred to as “Client”. ASU and Client are hereinafter collectively referred to as the Parties. RECITALS WHEREAS, ASU’s W. P. Carey School of Business, L. William Seidman Research Institute (“W. P. Carey”) has faculty, research assistants and/or other resources to provide the business/economic analysis described in this Agreement to Client; WHEREAS, Client desires the business/economic analysis described in this Agreement and W. P. Carey wishes to provide the business/economic analysis to Client; and WHEREAS, W. P. Carey’s business/economic analysis provided pursuant to this Agreement offers a valuable educational or research experience for students and/or assists in fulfilling the public services mission of ASU. NOW THEREFORE the Parties agree and understand as follows: I. OBLIGATIONS OF W. P. CAREY A. Content of the Analysis. W. P. Carey shall provide to Client the business/economic analysis described in Attachment B: Description of the Project of this Agreement. The Description of the Project includes, but is not limited to: a description of the deliverable, discussion of the methodology, any relevant data or disclosure issues, a timeline for the deliverable and sets out any obligations that the Client has in the collection of information in support of the project. This Agreement should be signed by the Client in duplicate and returned to W. P. Carey within thirty (30) days from the date of this Agreement. In the event that W. P. Carey does not receive the signed Agreement from Client within such timeframe, the Parties understand and agree that the timeline (including the production of deliverables) set forth in Attachment B, may be delayed.

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L. WILLIAM SEIDMAN RESEARCH INSTITUTE JAIL DISTRICT SALES TAX

STUDY FOR YAVAPAI COUNTY BOARD OF SUPERVISORS

This Agreement is entered into on this day of March, 2015 (the “Effective Date”) by and between The Arizona Board of Regents, a body corporate, for and on behalf of, Arizona State University (“ASU”), and the Yavapai County Board of Supervisors, hereinafter referred to as “Client”. ASU and Client are hereinafter collectively referred to as the Parties.

RECITALS WHEREAS, ASU’s W. P. Carey School of Business, L. William Seidman Research Institute (“W. P. Carey”) has faculty, research assistants and/or other resources to provide the business/economic analysis described in this Agreement to Client; WHEREAS, Client desires the business/economic analysis described in this Agreement and W. P. Carey wishes to provide the business/economic analysis to Client; and

WHEREAS, W. P. Carey’s business/economic analysis provided pursuant to this Agreement offers a valuable educational or research experience for students and/or assists in fulfilling the public services mission of ASU. NOW THEREFORE the Parties agree and understand as follows: I. OBLIGATIONS OF W. P. CAREY A. Content of the Analysis. W. P. Carey shall provide to Client the business/economic analysis described in Attachment B: Description of the Project of this Agreement. The Description of the Project includes, but is not limited to: a description of the deliverable, discussion of the methodology, any relevant data or disclosure issues, a timeline for the deliverable and sets out any obligations that the Client has in the collection of information in support of the project. This Agreement should be signed by the Client in duplicate and returned to W. P. Carey within thirty (30) days from the date of this Agreement. In the event that W. P. Carey does not receive the signed Agreement from Client within such timeframe, the Parties understand and agree that the timeline (including the production of deliverables) set forth in Attachment B, may be delayed.

The executed Agreement should be sent to: Angela Phillips, Administrative Assistant, L. William Seidman Research Institute, W. P. Carey School of Business, 660 S. Mill Ave., Suite 300 Tempe, AZ 85281. B. Client Specifications. W. P. Carey shall work with Client to formulate questions pertinent to the analysis, when appropriate. Faculty and professional business/economic analysis staff will be assigned to the project in a manner that meets the Client’s specifications. C. W. P. Carey Liaison. W. P. Carey shall designate a liaison(s) to work with Client throughout the term of the Agreement with respect to administrative logistics related to the performance of this Agreement. Such liaison(s) is identified in Attachment B of this Agreement. W. P. Carey reserves the right to substitute a designated liaison at its discretion at any time. W. P. Carey shall provide reasonable notice to Client if such a substitution occurs. II. OBLIGATIONS OF CLIENT A. Fee for Business/Economic Analysis. In consideration for the business/economic analysis provided under this Agreement, Client agrees to pay a fee of $15,000, under the terms outlined in Section D below. B. Alteration Costs and Expenses. Client agrees to pay any additional costs incurred by ASU as a result of any changes or alterations that are directly requested by or result from any changes or alterations requested in writing by Client and as mutually agreed to between the Parties to any aspect of the services provided under this Agreement. No alternate costs and expenses shall be effective unless such changes are stated in writing and signed by an authorized representative of each Party. Client understands it is engaging W. P. Carey for an independent analysis based on available data and facts gathered during the project. If Client has suggestions for alternative ways to present or interpret information gathered and presented, W. P. Carey will consider such requests for a period of 30 days after completion. W. P. Carey reserves the right to express final conclusions in a manner consistent with its interpretation of the data and analysis.

C. Taxes. All costs and fees stated in this Agreement are net of any taxes. W. P.

Carey will provide the Client with any documentation the Client needs for tax purposes, upon request by the Client.

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D. Payment Schedule and Invoicing.

Study Fee: $15,000

Client agrees to pay 25% ($3,750) at the beginning of the project with the remaining 75% ($11,250) due upon delivery and Client’s acceptance of the final report. Remittance for the business/economic analysis should be made payable in US dollars to "Arizona State University.”

All payments should be sent to: Angela Phillips, Administrative Assistant, L. William Seidman Research Institute, W. P. Carey School of Business, 660 S. Mill Ave., Suite 300 Tempe, AZ 85281.

E. Client Liaison. Client shall designate a liaison or coordinator to work with W. P. Carey in providing the services under this Agreement. F. Other Business/Economic Analysis Services. Client acknowledges that Arizona’s laws as well as the Arizona Board of Regents (ABOR) Policies and those of ASU regarding conflict of interest prevent ASU employees from privately engaging in business or professional activities that directly compete against ASU or from which an employee may profit at ASU's expense. See, e.g., Arizona Revised Statutes sections 38-501 through 38-511, ABOR Policy 6-705, and ASU Policies ACD 204-08 and 510-01. Therefore, Client agrees that it will not separately contract with, engage or otherwise secure the services of any ASU faculty involved in providing services under this Agreement for any business/economic analysis separate from or in addition to the services provided under this Agreement without the written approval of the W. P. Carey.

III. GENERAL TERMS

A. W. P. Carey Intellectual Property. The Parties understand and agree that ASU retains any and all rights and any and all intellectual property developed or created, collected, received, brought into or used by ASU in performing the services under this Agreement. Client shall retain an irrevocable, non-exclusive license to publish, distribute, disclose, use or disseminate the final report provided by ASU to Client. If W. P. Carey publishes the final report developed under this project, it will also indicate the sponsorship of the research by the Client at Client’s option.

B. Client Intellectual Property. The Parties understand and agree that Client retains

any and all rights in any and all intellectual property developed or created by Client in connection with this Agreement and that Client shall have the right to copyright, publish, distribute, disclose, use or disseminate in whole or in part any such intellectual property.

C. Use of Names and Trademarks. Each Party agrees to not use the names, logos or trademarks of the other Party for any purpose whatsoever without the prior written permission of the other Party. D. Confidential Information. To the extent permitted by law, ASU agrees that it shall keep confidential any non-public documents, data files, or other records provided by Client to W.P. Carey through this engagement regarding Client that is clearly marked “Confidential” in writing at the time disclosed to W. P. Carey (“Confidential Information”). ASU shall not use, disclose, publish or otherwise disseminate such Confidential Information without the prior written approval of Client unless otherwise required by law. Notwithstanding the above, Confidential Information shall not include information that:

is already in ASU’s possession prior to receipt of such information through this engagement;

is or later becomes made public through no fault of ASU;

is received from a third party with no duty of confidentiality to ASU; or

is required to be disclosed by statute or rule. If ASU receives any subpoena, court order, or public document request requiring or requesting disclosure of Confidential Information, ASU shall notify Client as soon as practical to allow Client to seek a protective order. ASU may, but shall have no obligation to, seek a protective order. Within 30 days of delivering the final report under this project to Client, ASU shall return to client all copies of Confidential Information in ASU’s possession, whether in written,

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electronic or other form, and shall certify to Client in writing that ASU no longer retains any Confidential Information.

E. Entire Agreement. This Agreement embodies the entire understanding of the Parties and supersedes any other agreement or understanding between the Parties relating to the subject matter. The Parties agree that should any part of this Agreement be held to be invalid or void, the remainder of the Agreement shall remain in full force and effect and shall be binding upon the Parties.

F. Amendments and Waivers. No waiver, amendment or modification of this Agreement shall be valid or binding unless written and signed by the Parties. Waiver by either Party of any breach or default of any clause of this Agreement by the other Party shall not operate as a waiver of any previous or future default or breach of the same or different clause of this Agreement.

G. Assignment. Neither Party may assign any rights hereunder without the express, written, prior consent of the other Party.

H. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Arizona.

I. Force Majeure. Neither Party shall be liable for any excess costs or other damages if any failure to perform arises out of an unforeseeable event beyond the reasonable control and without the fault or negligence of the affected Party. Such causes may include, but are not restricted to (a) acts of God or of a public enemy, (b) acts of the Government in either its sovereign or contractual capacity, (c) fires, (d) floods, (e) epidemics, (f) quarantine restrictions, (g) strikes, (h) freight embargoes and (i) unusually severe weather. In each instance, the failure to perform must be beyond the reasonable control and without the fault or negligence of the affected Party. If the delay is caused by a delay of a subcontractor or ASU and if such delay arises out of causes beyond the reasonable control of both, and without the fault or negligence of either, ASU shall not be liable for excess costs unless the goods or services to be furnished by the subcontractor were reasonably obtainable from other sources in sufficient time to permit W. P. Carey to meet the required delivery schedules. W. P. Carey shall notify Client in writing within ten (10) days after the beginning of any such cause.

J. Independent Contractor Status. The Parties understand and agree that ASU is an independent contractor and shall be free to exercise its discretion and independent judgment as to the method and means of performance of its work hereunder. ASU employees shall not be considered employees of Client, and neither ASU nor Client’s personnel will, by virtue of this

Agreement, be entitled or eligible, by reason of this Agreement, to participate in or receive any benefits or privileges given or extended by the other Party to its employees.

K. Cancellation or Termination. The Agreement will automatically terminate upon

ASU’s receipt of complete payment. In addition, the Parties may terminate the Agreement as follows or as otherwise provided in this Agreement:

1. Client may terminate this Agreement for convenience prior to receiving

the deliverables by providing prior written notice. Client agrees to pay ASU for its time and effort, any expenses and costs incurred related to providing the business/economic analysis up until the termination notice is provided, and any expenses and costs related to ASU’s cancellation of commitments related to the business/economic analysis. ASU is obliged to present a detailed description of costs incurred prior to project termination.

2. ASU may terminate this Agreement for convenience prior to providing the

deliverables or cancel the business/economic analysis or any portion thereof, by providing written notice to Client. In the event that ASU terminates pursuant to this subsection, ASU shall provide either: a) a full refund of any funds remitted by the Client, or b) the option to reschedule delivery of the cancelled portion of the business/economic analysis at a mutually agreed-upon date.

3. Either Party may terminate the Agreement upon providing written notice

following a material breach of this Agreement by the other Party. Such notice shall describe the material breach.

L. Insurance. W. P. Carey warrants that it maintains general liability insurance and

worker’s compensation coverage as required by state law and pertinent federal laws and regulations under the State of Arizona Risk Management Plan.

M. Special State Provisions. The Parties understand and agree that the State of

Arizona Provisions, set forth in Attachment A, are incorporated as part of this Agreement as if fully set forth herein.

N. Notices. Notices under this Agreement shall be sufficient only if in writing and

transmitted via facsimile (with confirmation of receipt), personally delivered, delivered by a major commercial rapid delivery courier service or mailed, postage or charges prepaid, by certified or registered mail, return receipt requested to a Party at the addresses set forth below or

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as amended by notice pursuant to this Section. If not received sooner, notice by mail shall be deemed received five (5) business days after deposit in the U.S. mails.

Notice to ASU: Notice to Client: Dennis Hoffman L. William Seidman Research Institute660 S Mill Avenue, Ste. 300 Tempe, AZ 85281

Phil Bourdon County Administrator 1015 Fair St. Prescott, AZ 86305

O. Counterparts. This Agreement may be executed in one or more counterparts each

of which shall be deemed an original but all of which together shall constitute in the aggregate one and the same instrument.

IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed

by their duly authorized representatives on the respective dates entered below.

ARIZONA BOARD OF REGENTS, for and on behalf of ARIZONA STATE UNIVERSITY (ASU)

BOARD OF SUPERVISORS, YAVAPAI COUNTY CLIENT

By: _________________________

By: ___________________________

Name: Robert E. Page, Jr. Name: Craig Brown Title: University Provost

Title: Chairman, Board of Supervisors, Yavapai County

Date: ________________________

Date: __________________________

ATTACHMENT A

ARIZONA STATE AGENCY PROVISIONS 1. Nondiscrimination. The parties agree to comply with all applicable state and federal laws, rules, regulations and executive orders governing equal employment opportunity, immigration, and nondiscrimination, including the Americans with Disabilities Act. 2. Conflict of Interest. This Agreement is subject to Section 38-511, Arizona Revised Statutes. This Agreement may be canceled by ASU if any person significantly involved in initiating, negotiating, securing, drafting or creating this Agreement on behalf of ASU is, at any time while this Agreement or any extension thereof is in effect, an employee or agent of any other party to this Agreement in any capacity or a consultant to any such other party with respect to the subject matter of this Agreement. 3. Arbitration. Notice is provided of Sections 12-1518 and 12-133, Arizona Revised Statutes. To the extent that Section 12-1518 of the Arizona Revised Statutes applies, the parties acknowledge and agree that they will be required to make use of mandatory arbitration of any legal action that is filed in the Arizona superior court concerning a controversy arising out of this Agreement if required by Section 12-133 of the Arizona Revised Statutes. 4. Failure of Legislature to Appropriate. If ASU’s performance under this Agreement depends upon the appropriation of funds by the Arizona Legislature, and if the Legislature fails to appropriate the funds necessary for performance, then ASU may provide written notice of this to the Client and cancel this Agreement without further obligation of ASU. Appropriation is a legislative act and is beyond the control of ASU. 5. Confidentiality. Any other provision of this Agreement to the contrary notwithstanding, the parties acknowledge that ASU is a public institution, and as such is subject to the Arizona Public Records Act, Section 39-101, et seq., Arizona Revised Statutes. Any provision regarding confidentiality is limited to the extent necessary to comply with the provisions of state law. 6. E-verify and Immigration Law Requirements. In the event that Client is a governmental entity of the State of Arizona, pursuant to A.R.S., Section 41-4401, each Party warrants its compliance with all federal immigration laws and regulations that relate to their employees and their compliance with section 23-214, subsection A. A breach of the above warranty shall be deemed a material breach of the contract and is subject to penalties up to and including

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termination of the contract. If applicable, each party retains the legal right to inspect the papers of the other party to ensure that such party is complying with the above warranty. 7. ASU Service Marks and Trademarks. Client agrees to comply with ASU’s trademark licensing business/economic analysis in connection with the use of ASU’s marks on goods and in relation to services. Prior to any use of an ASU mark by Client or its affiliates or successors or assigns, Client will submit the proposed use of the mark (together with a sample or specimen of the intended use) to ASU’s Trademark Licensing Coordinator for approval. Except as expressly authorized in this Agreement, Client is not permitted to use any ASU mark without written approval by ASU’s Trademark Licensing Coordinator. Client’s use of any mark must comply with ASU’s requirements, including using the “circle R” indication of a registered trademark. Client’s obligations under this section shall survive termination of the Agreement.

ATTACHMENT B:  

 

DESCRIPTION OF THE PROJECT 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

L. William Seidman Research Institute W.P. Carey School of Business Arizona State University March 24, 2015 

Yavapai County Jail District Sales Tax

Tourism and Non‐Resident Estimate

B1 

Yavapai County Jail District Sales Tax Tourism and Non‐Resident Estimate 

Understanding of Scope 

In November 2014, Yavapai County  residents  rejected a 

Board of  Supervisors’ proposal  to  increase  the  county’s 

jail district sales tax from one‐quarter cent to a half‐cent 

and  to  extend  the  authorization  for  an  additional  20 

years.   The  increase and extension was  intended  to pay 

for the continued operation of the county’s  jail  in Camp 

Verde,  and  to  possibly  construct  a  jail  facility  in  the 

Prescott area. 

 

The  Prescott  area  has  been without  a  jail  since  spring 

2009, when a 130‐bed facility built in 1980 was closed to 

save  costs.    However,  approximately  65%  of  the 

population  in  Yavapai  County  resides  in  the  Prescott 

area, and a corresponding number of arrests occur in the 

Prescott  area  as well.   Closure of  the  Prescott  area  jail 

has  drastically  increased  the  costs  for  Prescott‐area 

municipalities who are currently forced to drive prisoners 

45  miles  to  a  Camp  Verde  jail  completed  in  2003.  

Approximately  65%  of  the  Camp  Verde  jail’s  inmates 

currently originate from the Prescott side of the county, 

and  the  county now  spends  approximately $1 million  a 

year  on  transporting  prisoners  to  and  from  Prescott 

courts. 

 

Factoring  in  the  safety  and  security  needs  created  by 

inmate  classification,  the  Camp  Verde  Jail  is  currently 

operating  at  its  design  capacity  of  600.    Growth 

projections  indicate  that  Yavapai  County  will  need  an 

additional  200  jail  beds  by  2030  to  accommodate  the 

growth. 

 

The current quarter‐cent  jail district sales tax remains  in 

force until 2020.   It currently generates about $7 million 

of the jail district’s $16.7 million annual budget.  Another 

$7  million  of  the  jail  district  budget  comes  from  the 

county’s “maintenance of effort." 

 

In the absence of a sales tax  increase, Yavapai County  is 

expected  to  suffer a $1.5 million  to $2.5 million annual 

shortfall  in  the  jail  budget within  5  years,  even  after  a 

maximization of property  taxes.   Prior  to  the November 

2014 ballot, County officials warned  the electorate  that 

the  loss of  the one‐quarter cent sales  tax and  the need 

for new  jail capacity could necessitate significant county 

budget cuts should  the proposed sales  tax  increase and 

extension not be authorized. 

 

The county estimates  that visitors  to Yavapai pay about 

one‐third  of  the  current  sales  taxes.    This  estimate  is 

based  on  an  analysis  of  other  Arizona  counties 

performed in 1999, and a review of information from the 

Arizona  Office  of  Tourism.    The  county’s  estimate  has 

been  questioned,  and  a  more  thorough  analysis  is 

necessary  to  more  precisely  determine  the  impact  of 

non‐resident sales on Yavapai County finances. 

 

The  primary  purpose  of  the  current  proposal  is  to 

estimate the amount of Yavapai County sales tax revenue 

resulting  from  tourism  and  other  non‐resident  sales  in 

the county.  This will enable the Yavapai County Board of 

Supervisors to re‐enter into a dialog with local residents, 

to demonstrate how the burden funding Yavapai County 

jails could be shared inside and outside the county. 

 

 

B2  

Method 

The November 2014 ballot proposal was based in part on 

an  extrapolation  of  four  separate  studies  of  sales  tax 

revenues  for  Santa  Cruz,  Navajo,  Coconino,  and  Pinal 

counties, produced by TJ Salant  in  the 1990s.   Seidman 

therefore proposes to critique, enhance, and  implement 

a  contemporary  version  of  Salant’s  model  for  Yavapai 

County.   

 

This  enhanced,  contemporary model will  be  populated 

with  historical  and  projected  data  from  verifiable 

secondary  sources  to  estimate  the  amount  of  Yavapai 

County  sales  tax  revenue  resulting  from  tourism  and 

other non‐resident sales in the county, 2015‐2035. 

 

Seidman’s six‐step method for the study is as follows: 

 

(a) Implement  a  critique  of  Salant’s method,  including 

(where appropriate) suggestions for improvements. 

(b) Source appropriate historical and projected sales tax 

data from the Arizona Department of Revenue. 

(c) Source  day‐visitor  and  overnight  visitor  historical 

and projected data from the Arizona Department of 

Tourism. 

(d) Produce  an  updated  version  of  Salant’s model  for 

Yavapai County. 

(e) Estimate  a  series  of  jail  district  sales  tax  revenue 

estimates  for  Yavapai  County,  2015‐2035,  at  the 

current‐quarter  cent  and  proposed  half‐cent  rates, 

using the secondary data. 

(f) Segment  the  jail  district  sales  tax  revenue 

projections  by  payee  (i.e.  Yavapai  resident  v  non‐

resident) and sector type (e.g. accommodation; bars 

and  restaurants;  food  stores;  arts,  entertainment, 

and recreation; and local transportation and gas). 

 

This will result in an estimate of the size of non‐resident 

contributions to Yavapai County’s sales tax revenue over 

a 20‐year time horizon.   

 

On  completion  of  the  study,  Seidman  additionally 

recommends  an  examination  of  the  full  effects  of  the 

proposed  sales  tax  rise  for  the  local  economy.    This 

additional  recommended  economic  impact  analysis will 

compare  the direct,  indirect  and  induced effects of  the 

current  jail  system  in  Yavapai  with  an  alternative 

expanded  system  primarily  financed  by  a  quarter‐cent 

increase in the jail district sales tax.  The results from an 

economic  impact  analysis  would  enable  the  Yavapai 

County  Board  of  Supervisors  to  extend  the  debate 

beyond  the  distribution  of  costs  to  additionally  include 

local  economic  benefits.    A  separate  proposal  for  the 

economic  impact  analysis  is  available  from  Seidman  on 

request. 

 

Seidman  staff will  be  responsible  for  the  protection  of 

any  confidential  or  proprietary  information  received 

from  Yavapai  County  representatives  throughout  the 

study. 

 

Seidman  is  also  cognizant  of  the  fact  that  any 

correspondence  with  Yavapai  County  is  a  matter  of 

public record. 

 

Deliverables & Timeline 

Seidman will produce a draft report within an estimated 

60  days  of  project  commencement,  detailing  all 

assumptions,  analysis,  conclusions,  and 

recommendations. 

 

The timeline is dependent on the availability and prompt 

exchange of data by the Arizona Department of Revenue 

and Arizona Office of Tourism. 

 

Yavapai County representatives will be given a maximum 

7 days  to  review  the  initial draft  and  issue  feedback  to 

Seidman. 

 

Seidman will  then  address  any  comments,  and  amend 

the  summaries  within  7  days  of  the  receipt  of  client 

feedback,  provided  all  amendments  can  be  completed 

within that time frame. 

 

A  final  report will  then  be  delivered  to  Yavapai County 

within 75 days of project commencement. 

 

B3 

The start date will be confirmed by the client. 

 

About Us 

L. William Seidman Research Institute 

The L. William Seidman Research Institute serves as a link 

between  the  local,  national,  and  international  business 

communities and  the W. P. Carey School of Business at 

Arizona  State  University.    It  collects,  analyzes,  and 

disseminates  information  about  local  economies, 

benchmarks  industry  practices,  and  identifies  emerging 

business  research  issues  that  affect  productivity  and 

competitiveness. 

 

With  distinguished  faculty  from  WPC,  a  staff  of 

experienced  economists,  and  tools  that  support 

sophisticated  statistical  modeling  and  computer‐based 

planning, the Seidman Research Institute offers a host of 

economic research and consulting services, including: 

 

Economic impact analyses 

Fiscal studies 

Business development 

Market research 

Revenue optimization 

Strategic analyses of economic development. 

 

Our Clients 

Seidman  is proud to serve as an economic research and 

consulting  resource  for  a  variety  of  public  and  private 

clients  across  multiple  industries.    Clients  include 

government  agencies,  regulatory  bodies,  public  and 

privately‐held  firms,  academic  institutions,  and  non‐

profit organizations.  During the past couple of years, the 

team has worked for: 

 

Arizona Commerce Authority (ACA) 

Arizona Corporation Commission (ACC) 

Arizona Department of Health Services 

Arizona Department of Mines and Mineral Resources 

Arizona Investment Council (AIC) 

Arizona Public Service Corporation (APS) 

Arizona School Boards Association 

The Boeing Company 

The Central Arizona Project (CAP) 

Chicanos Por La Causa 

City of Phoenix Fire Department 

Curis Resources (Arizona) 

Epic Rides/The City of Prescott 

Excelsior Mining 

Executive Budget Office ‐ State of Arizona 

First Things First 

Freeport McMoran 

Glendale Community College 

Intel Corporation 

iState Inc. 

Maricopa Integrated Health System 

The McCain Institute 

Navajo Nation Economic Development 

Phoenix Convention Center 

Phoenix Philanthropy Group 

Phoenix Sky Harbor International Airport 

Protect the Flows 

Public Service New Mexico (PNM) 

Raytheon 

Rosemont Copper 

Science Foundation Arizona (SFAZ) 

Salt River Project (SRP) 

Super Bowl XLIX 

Tostitos Fiesta Bowl 

Turf Paradise 

Twisted Adventures 

Valley METRO Light Rail 

Vote Solar Initiative 

Waste Management Inc. 

 

Prior Examples of Fiscal and Economic Impact Analyses 

Here is a small selection of the research team’s fiscal and 

economic impact consultancy: 

 

Financial  Overview  of  Envision  Healthcare  and 

Rural/Metro, January 2015. 

The Economic  Importance of  the Colorado River  to 

the Basin Region, December 2014. 

An  Estimate  of  Economic  Impact  and  Return  on 

Investment for Proposition 480, Maricopa Integrated 

Health System, October 2014. 

B4  

The  Economic  Impact  of  Four  Corners  Generating 

Station and Navajo Mine, October 2014. 

The  Economic  Impact  of  Intel  in  Arizona  and  New 

Mexico, September 2014. 

Phoenix  Convention  Center:  Visitor  Surveys  & 

Economic Impact, August 2014. 

Sun Devils Football: An Economic  Impact Analysis of 

Visiting  Football  Fan  Expenditure  during  the  2013 

Regular Season, July 2014. 

First  Things  First:    Tobacco  Tax  Revenue  Forecast 

Study 2014‐2034, June 2014. 

The Economic  Impact of the Central Arizona Project 

for the State of Arizona, April 2014. 

The Economic  Impact of Successful Commercial Fire 

Interventions, February 2014. 

Sales and Use Tax Gap in Arizona, August 2013. 

The  2013 Whiskey  Off‐Road:  An  Economic  Impact 

Analysis, July 2013. 

The Economic  Impact of NGS and Kayenta Mine  for 

the Navajo Nation, March 2013. 

Arizona Solar Roadmap: An Economic  Impact Study, 

September 2012. 

The Economic Impact of San Juan Generating Station 

and San Juan Mine, August 2012. 

The Economic Impact and Attendance Demographics 

of  the  Waste  Management  Phoenix  Open,  Spring 

2012. 

The Economic Impact of the 2009 Pari‐Mutuel Racing 

Industry in Arizona, March 2012. 

The Economic Impact of APS on the States of Arizona 

and New Mexico in 2010, April 2011. 

Infrastructure  Needs  and  Funding  Alternatives  for 

Arizona, 2008‐2032, July 2008. 

 

Proposed Research Team 

Project  Director:    Dr.  Dennis  Hoffman  is  Director  of 

Research  Institute  and  Professor  of  Economics  at  the 

W.P.  Carey  School  of  Business  at  Arizona  State 

University.    He  is  also  Director  of  the  Office  of  the 

University Economist. 

 

Dr.  Hoffman  has  deep  expertise  in  the  economics  of 

Arizona.   His  current  research  interests  include defining 

and  measuring  the  role  of  research  universities  in 

regional development, quantifying the value of education 

investments  to  the  economic  prosperity  of  the  region, 

and measuring  the  impact of various  fiscal  initiatives on 

regional development. 

 

Dr. Hoffman  chaired  the online  retail  and  remote  sales 

taxes  working  group  for  Governor  Jan  Brewer’s 

Transaction Privilege Tax Simplification Task Force  in fall 

2012. 

 

His other  research  and  consulting  clients have  included 

American Express, APS, the Arizona Commerce Authority, 

the  Arizona  Department  of  Environmental  Quality,  the 

Arizona  Department  of  Transportation,  the  Arizona 

School  Boards  Association,  Curis  Arizona,  Del  Webb 

Corporation,  the  Economic  Analysis  Corporation, 

Excelsior Mining,  the Greater  Phoenix  Leadership,  Intel 

Corporation,  Science  Foundation  Arizona,  and  Turf 

Paradise. 

 

Dr.  Hoffman  was  responsible  for  the  tax  revenue 

forecasting model used by the Executive Budget Office of 

the  State  of  Arizona  since  1982,  and  also  served  as 

technical  advisor  for  Governor  Napolitano’s  citizen’s 

fiscal reform committee in 2004. 

 

Dr.  Hoffman  earned  his  B.S.  in  Economics  and 

Mathematics  from Grand Valley University, and an M.A. 

and Ph.D. in Economics from Michigan State University. 

 

Project  Manager:    Dr.  Anthony  Evans  is  a  Senior 

Research  Fellow  for  the  L.  William  Seidman  Research 

Institute.   His research and consulting interests lie in the 

areas of energy, transport, and sport and leisure. 

 

Dr. Evans’ recent consultancy  includes an analysis of the 

economic  impact  and  social  return  on  investment 

associated with  Proposition  480, which was  passed  by 

Maricopa  County  residents  in  late  2014.    He  was  also 

responsible  for  the  Epic  Rides/City  of  Prescott Whiskey 

Off‐Road study. 

 

Dr.  Evans  serves  as Project Manager on many  Seidman 

commissions,  including  economic  impact  analyses  for 

B5 

APS,  the  Arizona  Commerce  Authority,  the  Central 

Arizona  Project,  Intel,  Protect  the  Flows,  and  Turf 

Paradise. 

 

Prior  to  joining  Seidman,  Dr.  Evans  held  a  number  of 

senior U.K. and European marketing roles  in  the private 

sector,  including 18 months  as Commercial Manager  at 

Bangor  City  Football  Club  in  the  League  of Wales.   Dr. 

Evans  can  also  draw  upon  significant  management 

experience  from  the  entertainment world,  leading  and 

implementing  European  marketing  strategies  for  such 

well‐known brands as Thomas the Tank Engine, Bob the 

Builder, and Guinness World Records. 

 

Dr.  Evans  received  a  B.A.  in  Philosophy  from  Kings 

College London  (England), an M.A.  in Sociology of Sport 

from  the University of  Leicester  (England)  and  a  Sports 

Marketing  Ph.D.  from  the  University  of  Sheffield 

(England). 

 

Investigator:    Eva Madly  is  a  Research  Economist with 

the  L. William Seidman  Institute.   She  is experienced  in 

conducting extensive  literature  reviews and  summaries, 

and in providing research support for scholarly work and 

report writing. 

 

At  the  Seidman  Institute,  Ms.  Madly  is  involved  in 

economic  analysis  related  to  a  variety  of  topics 

concerning  mostly  the  Arizona  economy,  including 

infrastructure  and  renewable  energy.    She  regularly 

provides research and analytical assistance for economic 

impact and base studies. 

 

Ms. Madly  specializes  in  two  forms of economic  impact 

modeling – IMPLAN and REMI. 

 

Prior  to  joining  the  Institute,  Ms.  Madly  worked  as  a 

Research  Analyst  at  the  W.  E.  Upjohn  Institute  in 

Kalamazoo,  Michigan.    She  participated  in  research 

projects concerning the labor market, such as simulating 

the  impacts  of  certain  policies,  evaluating  the 

effectiveness of employment services, and examining the 

adequacy of workers' compensation benefits. 

 

Ms. Madly  received a B.S.  in  Finance and Banking  from 

Babes‐Bolyai  University  (Romania),  an M.S.  in  Business 

Management  from  Politehnica  University  of  Bucharest 

(Romania)  and  an  M.A.  in  Economics  from  Western 

Michigan University. 

 

Researcher:    Melissa  Gamez  joined  Seidman  as  a 

Researcher  in May 2011,  following a  successful 2 years’ 

part‐time employment as a student accountant. 

 

Ms.  Gamez  has  recently  completed  a  4,000‐sample 

customer survey  for Sky Harbor  International Airport,  in 

which  she managed  the  survey  team “in  the  field”, and 

assisted with the data analysis.   She also assisted on the 

Epic  Rides/City  of  Prescott  study;  and  represented 

Seidman  on  GPEC’s  Global  Cities  Initiative,  run  in 

association with The Brookings Institute. 

Equally  fluent  in  Spanish,  Ms.  Gamez  has  previously 

served  as  a  volunteer  coordinator  of  a  children’s 

outreach  in  Brazos  de  Amor  Orphanage  in  Sonora, 

Mexico. 

 

Ms. Gamez received a BA in Psychology from ASU. 

 

Professional Arrangements 

The total professional fee for the study is $15,000 

 

A retainer of 25% of the total professional fee ($3,750) is 

required prior  to project  commencement,  following  the 

formal exchange of contracts. 

 

The balance of the professional fee (75% or $11,250) will 

be  invoiced on completion of  the study, and delivery of 

the final report. 

 

References 

The  Seidman  Research  Institute  is  pleased  to  provide 

Yavapai  County  with  the  following  references  from 

recent projects: 

 

Sandra Watson (President & CEO) 

Arizona Commerce Authority 

B6  

333 N. Central Ave., Suite 1900 

Phoenix, Arizona 85004 

E: [email protected] 

T: (602) 845‐1200 

 

Gary Yaquinto 

President 

Arizona Investment Council 

2100 North Central Avenue, Suite 210 

Phoenix, Arizona 85004 

E: [email protected] 

T: (602) 257‐9200 

 

Josh Allen (CFO/COO) 

First Things First 

4000 North Central Avenue, Suite 800 

Phoenix, Arizona 85012 

E: [email protected] 

T: (602) 771‐5099 

 

Eric Kinneberg (Director ‐ External Communications) 

Freeport McMoran 

333 N. Central Ave. 

Phoenix, AZ 85004 

E: [email protected] 

T: (602) 366‐7994 

 

Jason Bagley (Government Affairs Manager) 

Intel Corporate Affairs 

Southwestern United States 

Phoenix, Arizona 85004 

E: [email protected] 

T: (602) 252‐5667 

 

Kathryn Wenger (Deputy Director) 

Phoenix Convention Center 

100 N. 3rd Street 

Phoenix, Arizona 85004 

E: [email protected] 

T: (602) 495‐7125 

 

L. WILLIAM SEIDMAN RESEARCH INSTITUTE 

660 S MILL AVENUE, SUITE 300 

TEMPE 

AZ 85281‐4011 

 

Tel: (480) 965 5362 

Fax: (480) 965 5458 

 

www.seidmaninstitute.com