Laserfiche WebLink
13 <br />Zone2 StreetFrontageRate <br />Street Frontage Rate (Benefit Unit “A-2”) = 50%x$80,511/15,605 =$2.57962/LF <br />Zone1and2 BuildingAreaRate <br />Bldg Area Rate = (Benefit Unit “B”) = $50,000/1,087,295 sqft=$0.045985/SF <br />Zone1 LandAreaRate <br />LandAreaRate (SidewalkOperations)=(BenefitUnit “C-1”) = 50%x$153,666/1,567,763 sqft =$0.049008/SF <br />LandAreaRate (Admin)=(BenefitUnit “C-1”) = $60,750/3,229,475 sqft=$0.018811/SF <br />LandAreaRate (Contingency/Reserve)=(BenefitUnit “C-1”) = $15,387/3,229,475 sqft=$0.0.0047645/SF <br />TotalLand Rate=(BenefitUnit “C-1”) =$0.049008/SF +$0.018811/SF +$0.0.0047645/SF =$0.0725835/SF <br />Zone2 LandAreaRate <br />LandAreaRate (SidewalkOperations)=(BenefitUnit “C-2”) = 50%x$80,511/1,661,712 sqft =$0.024225/SF <br />LandAreaRate (Admin)=(BenefitUnit “C-2”) = $60,750/3,229,475 sqft=$0.018811/SF <br />LandAreaRate (Contingency/Reserve)=(BenefitUnit “C-2”) = $15,387/3,229,475 sqft=$0.0.0047645/SF <br />TotalLand Rate=(BenefitUnit “C-2”) =$0.024225/SF +$0.018811/SF +$0.0.0047645/SF =$0.0478005/SF <br />Zone1and2 CondoBuildingAreaRate <br />CondoBldgAreaRate =(BenefitUnit “D”) = $29,728.72/165,591 sq ft = $0.17953/SF <br />AssessmentFormula =StreetFrontagexStreetFrontageRate,plus <br />BldgAreaxBldgAreaRate,plus <br />LandAreaxLandAreaRate <br />AssessmentFormulaforResidentialCondominiums =BldgPadAreaxBldgPadAreaRate <br />Addednotesforspecialcircumstances: <br />1.Future Residentialcondominiumunitparcels willbeassessed basedon livableunitbuildingpadarea.All <br />residentialcondominiumparcelswillbeassessed basedupontheirverifiablebuildingsquarefootsizepercondo. <br />2.Future groundfloorcommercialcondos (retailoroffice)willbeassessedbasedonactuallandareacovered,condo <br />buildingpadareaanddirectstreetfrontageforeachunit.Becausesuchusesaretypicallydevelopedaspartofa