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<br />, .~. <br /> <br />e <br /> <br />e <br /> <br /> <br />e <br /> <br />.' <br /> <br /> <br />Agenda Item 10b.i <br />March 6, 1996 <br />Page Two <br /> <br />mIU;Wk~~~mil.l~fli~17tim__~Y~~llllm..1i_,;1llltHm;t)ImiiliW'iWtj) <br />~_k~~!$l.~~~~m~tr~M <br /> <br />. . . <br />..':Maximu,nrte~ofeasementis.teR (19)...tlWhears,. <br /> <br />:: -," <br /> <br />The easement value is computed as fo\1ows: <br /> <br />"-. <br /> <br />.. <br />Step 1 - Determine the market value of the property in square feet or acres,..... . <br />Step 2 - Determine size (area) of impacted CWCB Right-Of-Way. <br />Step 3 - Select an easement class factor from the Land Use Compensation <br />Schedule (attached as __ Exhibit B*) which considers the development <br />potential of the site. . <br /> <br />.___ Value'" (Market value rate/area) x (area in sq. ft, or acres) x <br />(eaSement class factor). . <br /> <br />Value = Dollar value for one-time lump sum payment. The easement is renewable <br />in (W) II years and the consideration for renewal will be the computed amount <br />adjusted for inflation. <br /> <br />MethodIISt/ffltl~Nl_,Value Mtthod (i.sitg Tefflt) <br /> <br />.. . <br /> <br />This method'shall use an annually established standard rate which will be~~d <br />equally for all applications not considering the particular location Sf Uflage.'of.the <br />easement. <br /> <br /> <br />Maximum term of easement is twenty ~ II years. <br />The value is computed as follows: <br /> <br />Step 1 - Use the UD&FCD easement fee rate. This rate is $1.00 sq, ft. for 1995- <br />96. <br />Step 2 - Determine size (area) of impacted CWCB Right-Of-Way. <br /> <br />Agenda Item 10b.i <br />