05-3: Attachment A - Mitigation Worksheet — original pdf

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ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET - SUMMARY Temporary Use - Staging and Storage Calculated Fee $74,313 Project: AW-W. Riverside Reclaimed Water Line-1108 W. Riverside Dr. 5267.097 MOU 25-001 TOTAL = $74,313 ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET Temporary Use TCAD Land Value of Parkland ($): $17,424,000 Project: AW-W. Riverside Reclaimed Water Line-1108 W. Riverside Dr. 5267.097 MOU 25-001 Average Lot Size (sq. ft.): 69,696 Average for Selected Lot Value per Square Ft. ($): $250 Average Requested Area (sq. ft.): 4,756 Submitted by Requesting Department/Entity Preliminary Annual Value of Requested Area ($) $1,189,000 Area requested multiplied by Value per Square Ft. Adjusted Annual Value of Requested Area ($) $178,350 (15% Rate of Return) Monthly Value of Requested Area ($) $14,863 Adjusted Annual Value divided by 12 Daily Temporary Use Rate ($): $495 Monthly Value divided by 30 (Average number of days in a month) Days Requested: 150 Submitted by Requesting Department/Entity Temporary Use Rate ($): $74,313 Daily Temporary Use Fee multiplied by Days Requested Prop ID Avg Sq Ft Land Value 104345 69,696 $17,424,000 104345 69,696 $17,424,000 Totals