03-4: Attachment A - Mitigation Fee Calculation Worksheet — original pdf
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ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET - SUMMARY Permanent Use Calculated Fee $37,651 TOTAL = $37,651 Project: AW-Colorado Sanctuary Water Crossing 5800 Levander Loop Austin,TX 78702 MOU # 25-005 3212.194 ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET Permanent Use Agreement - Subject Tract TCAD Land Value of Subject Properties ($): $556,935,510 Project: AW-Colorado Sanctuary Water Crossing 5800 Levander Loop Austin,TX 78702 MOU # 25-005 Avg. Lot Size (sq. ft.): 9,358,899 Based on average for subject properties Value per Square Foot. ($): $60 TCAD Land Value divided by Avg. Lot Size Requested Area (sq. ft.): 6,327 Submitted by Requesting Department/Entity Preliminary Mitigation Value ($): $376,511 Requested Area multiplied by the Value per Square Foot Disturbance Value (%): 10.00% Based on limitations on future development for that portion of parkland (see table below) Final Mitigation Value ($): $37,651 Preliminary Mitigation Value multiplied by the Disturbance Value DISTURBANCE VALUES Percentage of Fee 0-10% Comments Nominal effect on use and utility 11-25% 26-49% 50% 51-74% 75-89% 90-100% Subsurface or air rights that have minimal effect on use and utility Location along a property line or non usable land area Balanced use by both owner and easement holder Some impact on surface use and conveyance of ingress/egress rights Major impact on surface use and conveyance of future uses Severe impact on surface use and conveyance of future uses Example Uses small subsurface Air rights, water or sewer line. Water or sewer line, cable lines Water or sewer line, cable lines pipelines, scenic easements pipelines, drainage easements, flowage easements Overhead electric, flowage easements, railroad ROW, irrigation canals Source: Right of Way Magazine "Easement Valuation" Sherwood, May/June 2006. Provided by City of Austin Office of Real Estate Park Name Colorado River Sanctuary Roy G Guerrero Park Prop ID Square Ft Land Value 283892 283146 1,868,833 16,848,964 9,358,899 18,688,330 1,095,182,689 Certified 2025 TCAD data Certified 2025 TCAD data 556,935,510 Average