5.5. SR 06-07-2010 - Laserfiche WebLink

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Types of Land Use Assessments have been scaled based on land use in previous assessments. The following is a listing of types of land use and the number of residential equivalents per land use Single family Residential - 1 unit Multi family -Townhouse - 0.75 unit Multi family - Twinhomes - 0.75 unit Multi family -Apartment - 0.25 unit Multi family -Condominium - 0.25 unit Commercial within or adjacent to residential - 2.0 units Commercial Property -varies based on area Church - 1 unit per potential developable residential unit School - 1 unit per potential developable residential unit Agriculture - 1 unit per parcel Project Type Historically the following break down has generally been followed related to percent assessed for various project types and we suggest continuing to use these factors Reconstruction - 33% Full Depth Reclamation - 70% Overlay - 100% Previous Assessments Amounts Reconstruction Assessments for reconstruction projects have been targeted to cover approximately 1/3 of the project cost. The assessment rates applied historically were based on the projected cost of the reconstruction and not an exact total final project cost. Previous assessments for reconstruction projects area shown below Project 1988 -Main Street (6500 -5200 ADT) 2003 - 4~' Street Area 2003 -Boston Concord Area and sewer 2006 -Dodge Avenue (4400 ADT) 2006- Waco (2900 ADT) 2005 - 5`~ Street Area 2006 -Highland Road (3000 ADT) Assessment per foot, average assessment $1,000 per parcel $5,000 $ 17,500 includes street and water commercial property amount varied 50% of cost assessed to commercial property $6,000 $6,500 Reclamation There is only one project of this type so far and this project took place in 2009. The project involved pavement reclamation, spot curb replacement, and sidewalk replacement.