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• The total area of all qualifying property parcels was compared to the total area of all <br /> parcels to determine if the 70% requirement was met. <br /> Condition of Building Test <br /> Replacement Cost—the cost of constructing a new structure of the same size and type on <br /> site: <br /> R. S. Means Square Foot Costs (2001) was used as the industry standard for base <br /> cost calculations. R. S. Means is a nationally published reference tool for <br /> construction cost data. The book is updated yearly and establishes a "national <br /> average" for materials and labor prices for all types of building construction. The <br /> base costs derived from R. S. Means were reviewed, and modified if applicable, <br /> against our professional judgement and experience. <br /> A base cost was calculated by first establishing building class, building <br /> construction type, and construction quality level (residential construction) to <br /> obtain the appropriate Means cost per square foot. This cost was multiplied times <br /> the building square footage to obtain the total replacement cost for an individual <br /> building. <br /> Building Deficiencies: Step 1 (Systems Condition Deficiencies)—determining the <br /> combination of defects or deficiencies of sufficient total significance to justify substantial <br /> renovation or clearance: <br /> On-Site evaluations-Evaluation of each building was made by reviewing <br /> available information from city records and making interior and/or exterior <br /> evaluations. Deficiencies in structural elements, essential utilities and facilities, <br /> light and ventilation, fire protection including adequate egress, layout and <br /> condition of interior partitions, or similar factors, were noted by the evaluator. <br /> Systems Condition Deficiencies may or may not include Code Deficiencies as <br /> defined below. Energy code compliance was not considered for the purposes of <br /> determining Systems Condition Deficiencies. <br /> Building Deficiencies: Step 2 (Code Deficiencies)—determining technical conditions that <br /> are not in compliance with current building code applicable to new buildings and the cost <br /> to correct the deficiencies: <br /> On-Site evaluations -Evaluation of each building was made by reviewing <br /> available information from city records and making interior and/or exterior <br /> evaluations. On-site evaluations were completed using a standard checklist <br /> format. The standard checklist was derived from several standard building code <br /> plan review checklists and was intended to address the most common, easily <br /> identifiable code deficiencies. Mechanical Engineers, Electrical Engineers, and <br /> Building Code Officials were also consulted in the development of the checklist. <br /> Deficiencies were generally grouped into the following categories (category <br /> names are followed by its applicable building code): <br /> 7 <br />