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<br />p"... ~" <br /> <br />Agenda Item I Ob.i <br />March 6, 1996 <br />Page Two <br /> <br />lI'j;mi!i!tjiiilgRlll!.~B~fJif.!.ltij!!m!jlj;tllJ!RI.itl <br />Maximum term of easement isteR (1 0) lWtlBl;I~tt'Pt€ltZlti. years. <br />:::;:3:~:~::;::=::;::=:f:lt:::::::r.~:~~t~:~:~'(:/Wl <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 - 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 Ijlililt Exhibit B*) which considers the development <br />potential of the site. <br /> <br />Mlilitlll\'8i.!ihIDii! Value = (Market value rate/area) x (area in sq. ft. or acres) x <br />~:P:P;<':::<':::<':;:~':=:"'~::=:~::=:~::=::'::=:::::=::':::;::::<:'" <br />(easement dass factor). <br /> <br />Value = Dollar value for one-time Iwnp sum payment. The easement is renewable <br />in EW111 years and the consideration for renewal will be the computed amount <br />adjusted for inflation. <br /> <br />MethodIIStall{lRnll'IlIJ/!~ Value Method (Lslfg Tel'lIrj <br /> <br />This method shall use an annually established standard rate which will be used <br />equally for all applications not considering the particular location Sf twageofthe <br /> <br /> <br />~ <br /> <br />Maximwn term of easement is twenty ~ . 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 - Determine size (area) of impacted CWCB Right-Of-Way. <br /> <br />Agenda Item 10b.i <br />