Laserfiche WebLink
'Lissessment Formulai. <br />Street Frontage Fee + Land Area Fee + Building Area Fee + Parcel Fee <br />1. Single-family residential uses are set at a rate of 10 cents per square foot of building pad, from one to four units are set at a flat rate of $100 per unit <br />(includes residential condos). <br />2. Multi-family residential uses of five or more units are set at 25 percent of respective base assessment rates (apartments). <br />3. Nonprofit- (5010) owned/occupied properties are set at 25 percent of respective base assessment rates. <br />I III I <br />1111 IN lri= =-T 11 1159MOTOT., sm. I I A Z FDIC i OW, MIAI[I] <br />5. Govern ment-ownedlocc u pied properties will not be assessed and will receive no direct services. <br />6. Residential uses, regardless of the number of units, that are 100 percent project-based rental assistance programs; for example, senior housing and the <br />like, will not be assessed and will receive no direct services. <br />7. Mixed-use properties/complexes will generally be assessed based on prorated land-use ratios, using the following guidelines: <br />Commercial/Office Condos — No Residential Uses (multiple owners) <br />a. Building area fee at full building area fee rate (structured parking area excluded). <br />b. Land area fee at full land area fee rate but prorated for each unit based on ratio of unit building area to total building area. <br />c. Frontage fee at full frontage rate but prorated for each unit based on ratio of unit building area to total building area. <br />Mixed-Use Rental: Ground-Floor Commercial and Upper-Floor Residential (single owner) <br />a. Building area fee at full rate for commercial area and 25 percent commercial rate for residential area (structured parking area excluded). <br />b. Land area fee at full land area fee rate. <br />c. Frontage fee at full frontage rate. <br />Mixed-Use Condos: Ground-Floor Commercial and Upper-Floor Residential (multiple owners) <br />a. Building area fee at full rate for commercial pad areas and 10 cents per square foot of building pad area, per residential condo unit (structured parking <br />area excluded). <br />b. Land area fee at full land area fee rate for commercial pad footprint. <br />c. Frontage fee at full frontage rate for commercial units (ground floor direct frontage). <br />d. Live-work condo units where there is a clear and legally defined distinction between work space and living space will be assessed using a combination of <br />a, b, and c above. <br />Street Frontage Fee is calculated by multiplying the linear feet of street frontage of a parcel by the Street Frontage Rate ($6 per linear foot). <br />Land Area Fee is calculated by multiplying the square footage of the parcel by the Land Area Rate (10 cents per square foot) <br />Building Area Fee is calculated by multiplying the square footage of a structure, as derived from its gross exterior dimensions, by the Building Area Rate <br />(15 cents per square foot). <br />Flat Parcel Fee — each individual Assessor's Parcel is assessed the Flat Parcel Rate ($425). <br />Street Frontage Rate <br />Land Area Rate <br />Building Area Rate <br />Flat Parcel Rate <br />$6.00 per linear foot <br />100 per square foot <br />150 per square foot <br />$425 per parcel <br />47 <br />