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fnnhmen+ <br /> 9.A. - Page 42 <br /> Total Lot Square Footage X $0.038170 per square foot <br /> Total Building Square footage X$0.0074703 per square foot <br /> Equals <br /> TOTAL PARCEL ASSESSMENT <br /> Residential Condo Assessment: <br /> The annual assessment method for a residential condo, regardless of Benefit Zone is: <br /> Total Residential Unit Building Square footage X$0.20 per Square Foot <br /> Equals <br /> TOTAL RESIDENTIAL CONDO UNIT ASSESSMENT <br /> Parcel Assessment/Benefit Zone 1 -2 (Public Benefit,Tax-exempt ownership) <br /> Total Street Frontage X frontage costs <br /> Total Lot Square Footage X lot size costs <br /> No assessment for building square footage <br /> Equals <br /> TOTAL PARCEL ASSESSMENT <br /> Public and Tax exempt parcel assessments: <br /> In addition, tax exempt, non-profit and other public or government owned properties are not <br /> exempt from being assessed and if special benefit is determined to be conferred upon <br /> government owned properties, then those properties must be assessed in proportion to the <br /> special benefits conferred in a manner similar to privately owned property assessments. In this <br /> plan, tax exempt parcels, that are operating enterprises which reflect their public benefit <br /> purposes, will have their building square footage assessments exempted from their <br /> assessments. The public-benefit, tax exempt owned parcels will pay into the CBID based upon <br /> their linear frontage and parcel size, consistent with the rest of the CBID parcels. This is done <br /> because it is the building assessment will pay for "District Identity" services and those services <br /> function to increase rental values based upon generating demands for products, services or <br />