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<br />. <br /> <br />~. <br /> <br />.~; <br /> <br />}., .. <br /> <br />Agenda Item lOb.i <br />March 6, 1996 <br />Page Two <br /> <br /> <br />,.. . <br />....Maxilp.lJ1>>.te~ofeasementis.tell (111)~years. . <br /> <br />n;.: '\ <br /> <br />The easement value is computed as follows: <br /> <br />Step 1 - Determine the market value of the property in square feet or acres,'...' . <br />Step 2 - Detennine size (area) of impacted CWCB Right-Of-Way. <br />Step 3 - Select an easement class factor from the Land Use Compens.atiQn <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 fWt II years and the consideration for renewal will be the computed amount <br />adjusted for inflation. <br /> <br />Method IT Stan~f/I!Il(lfJjValue M~th';d ftong Te"lH) <br /> <br />This method.'shalf use an annually established standard rate which will be')ised <br />equally for all applications not considering the particular location Sf wage;of the <br />easement. .. <br /> <br />..'." <br /> <br />.t" <br /> <br /> <br />Maximum tenn of easement is twentY ~ II years. <br /> <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 - Detennine size (area) of impacted CWCB Right-Or-Way. <br /> <br />// <br /> <br />Agenda Item lOb.i <br /> <br />,''''', >. ~", <br /> <br /> <br />.-t'. -'-,..".".-" <br />