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_ i <br /> osiosi2o,a <br /> variety of logistic and legal related issues. Those districts that use a variety of other mathematical factors to calculate <br /> general benefits based on the Assessment Engineer's experience range from 2-3%total relative general benefit value. <br /> Based on this experience curve and the focused nature of the CBID funded programs, a general benefit factor of 0.025 <br /> (2.5% or an average between the 2-3% empirical findings) of CBID funded special benefit program costs that might <br /> provide an immediate general benefit to the public at large will be applied to these applicable program costs in order to <br /> compute the dollar and percent value of general benefits to the public at large.The programs that may provide immediate <br /> general benefits to the public at large are Sidewalk Operations and Beautification.The dollar value of this general benefit <br /> type equates to 1.325% of the total Year 1 -2015 District special benefit program costs or $5,605 as delineated in the <br /> chart below. <br /> A B C D E <br /> %Allocation <br /> Dollar of Special General Benefit General Benefit General Benefit <br /> Pro ram Element Allocation Benefit Cost Factor Percent B x C Value <br /> Sidewalk O erations and Beautification $423,000 53% 0.025 1.325% $5,605 <br /> General Benefts—Outside Parcels <br /> While District programs and services will not be provided directly to parcels outside the District boundaries, it is <br /> reasonable to conclude that District services such as increased safety and cleanliness and image enhancement may confer <br /> an indirect general benefit on parcels immediately adjacent to the District boundaries. An inventory of the District <br /> boundaries finds that the District is surrounded by 77 parcels that can reasonably be assumed to receive some indirect <br /> general benefit as a result of CBID funded programs, services and improvements. Based on assessment engineering <br /> practice for other community benefit type districts in the State, a benefit factor of 1.0 will be attributed to the 222 <br /> assessed parcels within the District and a benefit factor of 0.05 will be attributed to general benefits conferred on the 77 <br /> parcels immediately adjacent to or across the street from assessed parcels within the Downtown Redwood City CBID.The <br /> dollar value of this general benefit type equates to 1.7%of the composite program costs or$13,762(1.7%x$809,543)as <br /> delineated in the chart below. <br /> Benefit Benefit Benefit <br /> Parcel T e uantit Factor Units Percent Benetit Value <br /> Assessed Within the District 222 1 222.00 98.3°/ $795,781 <br /> Outside the District 77 0.05 3.85 1.7% 13 762 <br /> TOTAL 225.85 100% $809,543 <br /> RESO.#15347 <br /> MUFF#506 <br />