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Finding 6. From Section 4(b): "All assessments must be supported by a detailed engineer's report prepared by a <br />registered professional engineer certified by the State of California ". <br />This report serves as the "detailed engineer's report" to support the benefit property assessments proposed to be levied <br />within the Downtown San Leandro CBD. <br />FindinE 7. From Section 4(c): "The amount of the proposed assessment for each parcel shall be calculated (along <br />with) the total amount thereof chargeable to the entire district, the duration of such payments, the reason for <br />such assessment and the basis upon which the amount of the proposed assessment was calculated." <br />The individual and total parcel assessments attributable to special property benefits are listed on Attachment 1 to this <br />Report. The District and resultant assessment payments will continue for fifteen (15) years and may be renewed again at <br />that time. The reasons for the proposed assessments are outlined in Finding 2 above as well as in the Management <br />District Plan. The calculation basis of the proposed assessment is attributed in part to street frontage, building area, <br />parcel size and location of each parcel. For residential condominiums, the assessment rate relates to the building pad <br />area of each unit. <br />Assessment Formula Methodoloi!y <br />Step 1. Select "Basic Benefit Unit(s)" <br />CBD assessment formulas typically are based on street frontage, parcel size, building size and /or location, all of which <br />relate to the amount of special benefit conferred on a particular parcel and the proportionate assessment to be paid. The <br />formula may base assessments on a single factor or a combination of these factors. <br />Based on the specific needs and corresponding nature of the program activities to be funded by the Downtown San <br />Leandro CBD, it is the opinion of this Assessment Engineer that the assessment factors on which to base assessment <br />rates relate directly to the proportionate amount of street frontage, building area and land area. For future residential <br />condominiums, the assessment rate relates to the building pad area of each unit. <br />For commercial uses, the interactive application of street frontage, building area and land area quantities are a proven <br />method of fairly and equitably spreading special benefit costs to these primary beneficiaries of CBD funded services, <br />programs and improvements. Each of these factors directly relates to the degree of benefit each parcel will receive from <br />CBD funded activities. <br />WE <br />