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Amendment Article XIII D, Section 2(i), "Special Benefit", means a particular and distinct benefit <br />over and above general benefits conferred on a real property located in the district or to the <br />public at large. <br />No assessment will be imposed on any parcel that exceeds the reasonable cost of the <br />proportional special benefits conferred upon that parcel. Only special benefits are assessable <br />and these benefits must be separated from any general benefits. <br />Properties are assessed as defined on the San Mateo County Assessor's most current parcel <br />maps. The preceding methodology is applied to the database of parcels within the CBID. The <br />process for compiling the property database includes the following steps: <br />• A report was submitted to the City Manager's office using the data obtained from <br />the San Mateo County Tax Assessors office. <br />• A list of properties to be included within the Downtown Redwood City CBID is <br />provided in Section 7. <br />• A property verification form was sent out to each and every property owner based <br />upon the data collected by New City America. Property owners were asked to verify <br />the data that had been collected on their parcel(s). <br />The Calculation of Assessment for each parcel in the Downtown Redwood City CBID is as <br />follows: <br />Parcel Assessment — Benefit Zone 1 <br />The annual assessment method for all parcels and ground floor commercial condominiums is: <br />Total Street Frontage X $ 9.50 per linear foot <br />Total Lot Square Footage X $0.038170 per square foot <br />Total Building Square footage X $0.1094 per square foot <br />Equals <br />TOTAL PARCEL ASSESSMENT <br />Parcel Assessment — Benefit Zone 2 <br />The annual assessment method for all parcels and ground floor commercial condominiums is: <br />Total Street Frontage X $ 9.500 per linear foot <br />27 <br />