B1-4: MOU Mitigation Fees Calculation Worksheet Summary — original pdf

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ATTACHMENT "A" - MOU MITIGATION FEES CALCULATION WORKSHEET - SUMMARY Project: Onion Creek Reclaimed Water Line MOU # 22-003 Parkland Jimmy Clay Golf Course Roy Kizer Golf Course Onion Creek Soccer Complex Onion Creek Metropolitan Park (N. Entrance) Onion Creek Metropolitan Park (S. Entrance) [1] Includes 15% rate of return for temporary uses TCAD Value per Square Foot $8 $7 $7 $7 $10 Area Required for Temporary Use (Square Feet) 98,010 253,020 107,208 59,369 144,521 662,128 Duration (days) Area Required for Permanent Use (Square Feet) Temporary Use Calculated Fee1 Permanent Use Calculated Fee2 Golf Course Revenue Mitigation 90 60 60 206 184 600 39,596 30,928 29,550 23,226 51,836 175,136 $29,950 $44,631 $19,620 $35,228 $113,466 $242,894 $112,932 $76,377 $75,711 $56,197 $185,792 $507,007 Total: $68,640 $68,640 $818,542 [2] Includes adjustment for 35% construction disturbance value based on limitations on future devevelopment for that portion of parkland (see tab for Disturbance Value Table) [3] Golf Course Revenue Mitigation (Daily Rate $2,288) x (No. Days 30) Jimmy Clay Golf Course Property ID Land Value 295484 295485 295486 295487 Avg Square Feet 7,517 7,361 7,224 7,350 7,363 $60,000 $60,000 $60,000 $60,000 $60,000 Avg/SF $8 Roy Kizer Golf Course Property ID Land Value 296185 296184 296183 296182 Avg Square Feet 13,464 7,396 6,534 6,621 8,504 $60,000 $60,000 $60,000 $60,000 $60,000 Avg/SF $7 Onion Creek Soccer Complex Property ID Land Value 296379 296378 296377 296376 Avg Square Feet 6,356 7,505 8,124 11,620 8,401 $60,000 $60,000 $60,000 $66,000 $61,500 Avg/SF $7 Onion Creek Metro Park N. Entrance Property ID Land Value 556062 556061 556017 556018 Avg Square Feet 8,757 9,109 10,002 6,849 8,679 $60,000 $60,000 $60,000 $60,000 $60,000 Avg/SF $7 Onion Creek Metro Park S. Entrance Property ID Land Value 774096 774097 774040 774041 Avg Square Feet 5,171 5,933 8,005 4,620 5,932 $60,000 $60,000 $63,000 $60,000 $60,750 Avg/SF $10 Disturbance Values Area can still be developed with minimal or no limitations (underground work/materials with no/few above ground appurtenances/fixtures) Area can still be developed with moderate limitations (underground work/materials with some small/medium appurtenances/fixtures) Development severely limited (underground work/materials with large or several small/medium appurtenances/fixtures) No future park development possible in the area - dedicated to installation (underground and/or surface appurtenances/fixtures) 35% 50% 75% 100%