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_ , . _ _ _ _ � _ <br /> O6/09/2014 <br /> CBID. It is noted that for publicly owned parcels and tax exempt owned and occupied parcels,building areas will not be <br /> assessed since this property characteristic will fund 100%of the District Identity programs(i.e. image and marketing)and <br /> Benefit Zone 1 Parking Management and it is clear that such land use ownership types will not specially benefit from these <br /> programs which are intended to increase commerce,sales,manage parking demand and facilitate business transactions. <br /> The assessment formula by Zone is as follows: <br /> Zone 1 Assessment =Building Area(Unit A-1)Sq Ft x Unit A-1 Rate,plus <br /> Land Area(Unit B-1)Sq Ft x Unit B-1 Rate,plus <br /> Street Frontage(Unit C-1)Lin Ft x Unit G1 Rate <br /> Zone 2 Assessment =Building Area(Unit A-2)Sq Ft x Unit A-2 Rate,plus <br /> Land Area(Unit B-2)Sq Ft x Unit B-2 Rate,plus <br /> Street Frontage(Unit C-2)Lin Ft x Unit C-2 Rate <br /> Residential Condominium Assessments=Building Pad Area(Unit D)Sq Ft x Unit D Rate <br /> Comauting Assessment Formula Unit Rates Year 1—2014-15 <br /> Zone 1—Building Area Rate(Unit A-1) <br /> $118,954/1,087,333 sq ft =$0.1094/sq ft <br /> Zone 1—Land Area Rate(Unit B-1) <br /> $58,304/1,527,485 sq ft =$0.038170/s�ft <br /> Zone 1—Street Fronta e� Rate(Unit C-1) <br /> $159,961/16,838 lin ft = 9.50/lin ft <br /> Zone 2—Building Area Rate(Unit A-2) <br /> $94,035/1,258,786 sq ft =$0.074703/sq ft <br /> Zone 2—Land Area Rate(Unit B-2) <br /> $100,254/2,626,517 sq ft =$0.038170/sq ft <br /> Zone 2—Street Fronta eg Rate(Unit C-2) <br /> $263,082/27,693 lin ft = 9.50/lin ft <br /> RESO.#15347 <br /> MUFF#506 <br />