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Building Square Footage: 1,085,541 sq. feet <br />Gross Lot Size: 3,223,225 sq. feet <br />Gross Linear Frontage: 34,100 linear feet <br />(Benefit Zone 1 = 18,4951inear feet) <br />(Benefit Zone 2 = 15,605 linear feet ) <br />Residential Condos: 0 assessable building square footage. <br />Currently there are no residential condo ddevelopments within <br />the Downtown San Leandro CBD boundaries total. When <br />constructed, these ffuture units will be assessed at the rate of <br />$0.20 per square foot for their verifiable building square <br />footage per parcel. Commercial condos will be treated as <br />commercial buildings being assessed for their proportion of <br />linear frontage, lot size and building square footage. For a more <br />detailed explanation of residential assessments and services <br />please see Section 4, pages 22 and 23. <br />Benefit Zones: <br />State law and the State constitution, Article XIIID require that special assessments be levied <br />according to the special benefit each individual parcel receives. There will be two benefit zones <br />in the proposed Downtown San Leandro CBD, and parcels identified in the CBD map in Benefit <br />Zone 1 will be charged a higher linear frontage rate due to the proportional benefit they will <br />receive. <br />Costs: <br />Annual assessments are based upon an allocation of program costs by assessable linear <br />frontage (by Benefit Zone), assessable on all sides of the parcels that receive benefit; PLUS lot <br />or parcel square footage; PLUS assessable building square footage, and in the case of <br />residential condos, by building square footage. Future residential condo owners will be <br />assessed differently since they are, in essence, acquiring air rights with the purchase of their <br />residential condos and linear frontage and lot size will not be relevant to their parcels. This <br />alternate assessment methodology is created to respond to their special needs of homeowners <br />within this growing Downtown district. All four property variables, including an individual <br />parcel's location within the designated areas for Benefit Zone will be used in the calculation of <br />the annual assessment. <br />The FY 2013 -14 year annual assessments per property variable and Benefit Zone are as follows: <br />Linear Frontage costs: Benefit Zone 1 $4.115098 per linear foot /year <br />Benefit Zone 2 $2.579620 per linear foot /year <br />Building Square Footage costs: Benefit Zone 1 & 2 $0.045985 per square foot /year <br />rel <br />