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S#reetlSidewa[k Frontage <br />Parcel Size (Land Area} <br />Building Area <br />Flat Parcel Fee <br />3a~~o or ~276,oaa <br />~a~~o or $276,aaa <br />30% ar $276,000 <br />1 ~% ar 92 000 <br />~ DO°~a ~92d,OQ0 <br />1ithin the II~D there are 8 parcels Frith rou~hl ~,~~~ linear feet of stree# <br />franta e, 4 million square feet of land and ,~ million square feet of building area. <br />F ~ ~ ~ ~ ^ <br />list of all arcels rn tl~e ~ is sha~rn in ~ppend~~ . ~s~ng tie currtulat~~re <br />ro ert Rrelated data totals from above, the base bear ~ assessment ratan are <br />sef at er linear foot of street frantaa~e, ~ ~ cuts per square foot of land area, <br />p . . <br />and ~ cents per square foot of building area abased on gross eter~or bu~ld~ng <br />dimensior~s~. Abe parcel fee shall be ~ per parcel, <br />aue to identified diminished benefi#s and a number of formula adjustment factors <br />for certain lanai uses, parcel configurations and other circumstances are also <br />incorporated into the proposed ~ ferrr~ula s follo~rs: <br />~ . residential uses from one to four units are set at a f lat rate of 1 ~~ per unit <br />includes residential condos. <br />. residential uses of fire or mere units are set at ~~ percent of repecti~re base <br />assessment rates apartments. <br />. IVon rofit- ~~~1 c~ o~rned~accupied properties are set t ~ percent of <br />p <br />respective base assessment rates. <br />~. Building areas are capped at a flaor area ratio ~~~~ of~.~, <br />b. government-ou~rned~occupied properties gill not be assessed and v~ill receive <br />no direct ser~rices, <br />~. residential uses, regardless of the number of units, that are ~ ~~ percent <br />ro'ect-based rental assistance programs; for e~tar~ple, senior housing and <br />pl <br />the line, ~r~l[ nat be assessed and ~r~ll receive no direct services, <br />7. lied-use propertieslcornplees v~ill generail~ be assessed based on <br />prorated landyue ratios, using the follo~ring guidelines: <br />omrr~ercial~~ffice tondos --~ Flo Residential Uses multi le corners <br />a, Building area fee at full building area fee rate structured parl~ing area <br />excluded}~ <br />b, .and area fee at fuCl land area fee rate but prorated for each unit based on <br />ratio of unit building area to fetal building area. <br />I3 <br />