3-3: Attachment A - MOU Mitigation Worksheet — original pdf

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ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET - SUMMARY Project: Braker Lane Extension - Pioneer Park Permanent Use - Residentail MOU # 22-005 Calculated Fee $146,840 TOTAL = $146,840 ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET Permanent Use TCAD Land Value of Adjacent Properties ($): $70,000 Project: Braker Lane Extension - Pioneer Park 0 MOU # 22-005 0 Avg. Lot Size (sq. ft.): 4,564 Based on City-wide average for single family lots Value per Square Foot. ($): $15 TCAD Land Value divided by Avg. Lot Size Requested Area (sq. ft.): 9,574 Submitted by Requesting Department/Entity Preliminary Mitigation Value ($): $146,840 Requested Area multiplied by the Value per Square Foot Disturbance Value (%): 100.00% Based on limitations on future development for that portion of parkland (see table below) Final Mitigation Value ($): $146,840 Preliminary Mitigation Value multiplied by the Disturbance Value DISTURBANCE VALUES 35% 50% 75% 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 100% (underground and/or surface appurtenances/fixtures) Prop ID Avg Sq Ft Land Value 4,426.00 4,789.00 4,559.00 4,482.00 4,564.00 $70,000.00 $70,000.00 $70,000.00 $70,000.00 $70,000.00 Totals 780871 780872 780873 780874 11540 Church Canyon Dr 11536 Church Canyon Dr 11532 Church Canyon Dr 11528 Church Canyon Dr