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Agenda Packets - 2000/02/14
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Agenda Packets - 2000/02/14
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1/28/2025 4:46:28 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
2/14/2000
Supplemental fields
City Council Document Type
City Council Packets
Date
2/14/2000
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6 <br />below. Therefore, the following description of methods of assessments should be <br />regarded as guidelines, which may not be appropriate in all cases. <br /> <br />b. Unit Assessment. A unit assessment shall be derived by dividing the total <br />project cost by the number of Residential Equivalent Density (RED) units in the <br />project area. A RED unit is defined as a single family residential unit. All platted <br />and unplatted property will assigned RED unit values equivalent to the underlying <br />zoning. When the existing land use is less than the highest and best permitted <br />use, the Council may consider the current use as well as the full potential of land <br />use in determining the appropriate number of RED units. Otherwise, the <br />following RED chart will apply on a per unit basis, subject to adjustment by the <br />Council for any inequities: <br /> <br />Single Family 1.00 RED <br />Duplex 1.00 RED <br />Condominium 0.80 RED <br />Multifamily (3 units or more) 0.80 RED <br />Townhouse 0.80 RED <br />Commercial 2.00 Units <br />Industrial 2.00 Units <br /> <br />The unit approach has proven to be the best method in those instances whereby <br />the improvement largely benefits everyone to the same degree and the cost of the <br />improvement is not generally affected by parcel size. <br /> <br />c. Area Assessment. The assessable area shall be expressed in terms of the <br />number of acres or the number of square feet subject to assessment. When <br />determining the assessable area, the following considerations will be given: <br />(1) Ponding Assessment Consideration. Lakes, ponds and swamps <br />may be considered a part of the assessable area of a parcel. <br /> <br />(2) Road Right-of-Way Assessment Consideration. Up to 20 <br />percent (20%) of the gross acreage may be deducted for street right-of-way <br />purposes within unplatted parcels of five acres or more depending upon the parcel <br />configuration and is only applicable to single family residential use. Parcels of <br />less than five acres may not qualify and may be assessed full acreage. The reason <br />for this size restriction is that, in most instances, parcels of less than five acres <br />cannot support an internal public road system. <br /> <br />(3) Park Dedication Assessment Consideration. When park land is <br />dedicated as part of a residential development, as required by Subdivisions Code - <br />Chapter 1204.02, the developer shall not be assessed an acreage charge on the <br />portion of land dedicated. <br /> <br />d. Front Footage Assessment. The actual physical dimensions of a parcel <br />abutting an improvement (ie., street, sewer, water, etc.) will generally not be
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