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Res14 15347
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Res14 15347
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Last modified
6/12/2014 1:03:51 PM
Creation date
6/12/2014 11:40:11 AM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency
Date
6/9/2014
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_. .�. . �..�.<,.�; . _ _ <br /> 06/09/2014 <br /> Linear Frontage costs: $ 9.50 per linear foot/year <br /> Building Square Footage costs: Benefit Zone 1 $ 0.1094 per square foot/year <br /> Benefit Zone 2 $0.074703 per square foot/year <br /> Lot Size costs: $ 0.038170 per square foot/year <br /> Residential Condo costs: $0.20 per square foot of parcel unit square foot. <br /> Residential condo owners will NOT be assessed for <br /> linear frontage or lot size, but rather only the <br /> actual building square footage of their residential <br /> condo. (Regardless of benefit zone within the <br /> district) <br /> There are 222 parcels in the proposed CBID with 147 property owners. <br /> Downtown Redwood City CBID Plan 2014 <br /> Generation of Revenues by Benefit Zone and Property Variables <br /> � � , � � ,.��. <br /> 1—Building $0.1094 $ 118,954.00 <br /> 1—Lot $0.038170 $ 58,304.00 <br /> 1—Linear $9.50 $ 159,961.00 <br /> Subtotal Zone 1 $337,219-4296 <br /> 2—Building $0.074703 $ 94,035.00 <br /> 2—Lot $0.038170 $ 100,254.00 <br /> 2—Linear $9.50 $ 263,082.00 <br /> Subtotal Zone2 $457,371—5896 <br /> Condo/Per Sq. Ft $ 0.20 $1,191.00—0% <br /> ,.. . ���� �... �. _ _,< . , <br /> ; <br /> . <br /> . <br /> � .w�,��<.�..,.�w . . �.,. . ro: <br /> RESO.#15347 <br /> MUFF#506 <br />
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