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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 I =18,495 linear 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 /> 6 <br />