Laserfiche WebLink
_ .. _.. �.�.._.._i <br /> 06/09/2014 <br /> Linear Fronta�e Defined: <br /> Individual parcels will be assessed for all sides of the parcel since they are receiving services on <br /> all sides. Linear front footage data was obtained from the County Assessor's parcel maps and <br /> reviewed by staff at New City America, and finally verified by the City of Redwood City. <br /> Buildin�Square Foota�e Defined: <br /> Building square footage is defined as gross building square footage throughout the CBID. The <br /> percentage of building square footage that is dedicated to private or internal tenant parking <br /> needs may be deducted from the gross building square footage. Only parking structures that <br /> are open to the public and charge fees to the general public on a regular basis will have their <br /> building square footage assessed as any other commercial building. Apartment buildings within <br /> the boundaries of the CBID, regardless of Benefit Zone, will be assessed as commercial buildings <br /> since there is a landlord/tenant relationship. Building square footage data was obtained from <br /> the County Assessor's property records and reviewed by staff at New City America, Inc. <br /> Lot Square Foota�e Defined: <br /> Lot square footage is defined as the total amount of area within the borders of the parcel. The <br /> lot square footage of a parcel is defined on the County Assessor's parcel maps and was <br /> confirmed by New City America staff and City of Redwood City. <br /> Commercial Condominium Parcels Defined: <br /> Ground floor commercial condominiums will be treated like independent "mini" commercial <br /> buildings and assessed based on their actual building area, the footprint of land they cover, and <br /> the amount of direct street frontage towards the exterior of the building. Ground floor <br /> commercial condominiums will pay 100% of the special benefits for the assessment, based <br /> upon which benefit zone they are within. <br /> Residential Condo/Sin�le residential unit parcels <br /> Condo residential unit parcels built on commercially zoned parcels are assessed as a separate <br /> category. These condo residential units are not built on residentially zoned land, but rather on <br /> commercially zoned parcels within the boundaries of the Downtown Redwood City CBID. <br /> These condo residential unit parcels will be assessed for their building square footage only at <br /> the rate of $0.20 per square foot in the first year in which they have been given a parcel <br /> number. The residential condos will have their assessments allocated in the same percentages <br /> of special benefit categories as the rest of the district. The residents will benefit from cleaning, <br /> sidewalk operation services, district identity services, beautification, public space development <br /> and management and the other services in the same proportion as non-residential parcels <br /> throughout the two benefit zones of the district. <br /> For residential condominium uses, the application of unit building pad area (interior unit parcel <br /> building square area measurement) is a proven method of fairly and equitably spreading special <br /> benefit costs to these unique property ownerships and land uses. Land area and street frontage <br /> are not appropriate assessment factors to use for residential condominiums due to their design <br /> RESO.#15347 <br /> MUFF#506 <br />