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3A Public Hearing 2013 0715
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3A Public Hearing 2013 0715
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9/12/2013 3:13:37 PM
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7/10/2013 5:12:34 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
7/15/2013
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<br />19 <br /> <br />Table 4-A <br />Special Benefit Services, Funding Source, Costs and Percentage of Annual Budget <br /> <br /> <br />Service Funded by Benefit Zone 1 Funded by Benefit Zone 2 <br />Sidewalk Operations 50% of costs funded by all linear <br />frontage assessments in zone <br />50% of costs funded by all linear <br />frontage assessments in zone <br /> <br /> 50% of costs funded by lot size <br />assessments in zone <br /> <br />50% of costs funded by lot size <br />assessments in zone <br /> <br />District Identity Funded by building square <br />footage assessments spread <br />throughout the district equally <br />Funded by building square <br />footage assessments spread <br />throughout the district equally <br />Enhanced Residential <br />Improvements <br />Funded by building square <br />footage of residential condos <br />Funded by building square <br />footage of residential condos <br />Admin/Corp Operations Funded by lot size assessments <br />spread throughout the district <br />equally <br />Funded by lot size assessments <br />spread throughout the district <br />equally <br />Contingency Funded by lot size assessments <br />spread throughout the district <br />equally <br />Funded by lot size assessments <br />spread throughout the district <br />equally <br /> <br />Table 4-B <br />Accumulated Cost Assessment for Benefit Zones 1 and 2: <br /> <br />Property Variable Sub-category Benefit Zone 1 Benefit Zone 2 <br />Linear Frontage $ 4.1150980 $ 2.5796200 <br />Lot Size square footage <br />(Accumulated costs <br />based upon services) <br />Lot/Sidewalk <br />Operations $ 0.0490080 $ 0.0242250 <br /> Lot/Admin $ 0.0188110 $ 0.0188110 <br /> Lot/Contingency $ 0.0047645 $ 0.0047645 <br /> Total Lot Costs $ 0.0725835 $ 0.0478005 <br />Bldg square footage $ 0.0459850 $ 0.0459850 <br />Residential Condo <br />Building square foot <br /> <br />$0.20 square foot $0.020 square foot
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