03-3: Attachment A - Mitigation Calculation Worksheet — original pdf

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ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET - SUMMARY Permanent Use - Overhead Easement Permanent Use - Driveway Permanent Use - Transmission Structure TOTAL = Calculated Fee $1,959,840 $441,600 $12,800 $2,414,240 Project: Requesting Dept AE-Cap Ex Central at Lady Bird Lake Austin Energy MOU # 25-006 Edward Rendon Sr. Metro Park at Festival Beach ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET Permanent Use Project: Requesting Department: AE-Cap Ex Central at Lady Bird Lake Austin Energy MOU # 25-006 Edward Rendon Sr. Metro Park at Festival Beach Adjacent COA Parcel 188233 Identified by requested area site geography Average Value per Square Foot. ($): $200.00 Calculated Based on Appraised Value of COA Parcel Requested Area (sq. ft.): 4,416 Submitted by Requesting Department/Entity Preliminary Mitigation Value ($): $883,200 Requested Area multiplied by the Value per Square Foot Disturbance Value (%): 50.00% Based on limitations on future development for that portion of parkland (see table below) Final Mitigation Value ($): $441,600 Preliminary Mitigation Value multiplied by the Disturbance Value Percentage of Fee 10% Comments Nominal effect on use and utility Example Uses Small subsurface water or sewer line DISTURBANCE VALUES 25% 35% 50% 65% 75% 90% 100% Subsurface or air rights that have minimal effect on use and utility Location along a property line or non usable land area Balanced use by both owner and easement holder Some impact on surface use and conveyance of ingress/egress rights Major impact on surface use and conveyance of future uses Severe impact on surface use and conveyance of future uses Permanently dedicated to installation Larger subsurface water or sewer line with minimal impacts on future development Water or sewer line, cable lines or other subsurface use with limited impacts on developable area Water or sewer line, cable lines with exceptions in the DOU allowing parklike amenities Pipelines or other limited surface impacts with maintenance requirements and limited development potential Pipelines, drainage easements, flowage easements that restrict future use Overhead electric, drainage easements, or other use with restrictions on future use ROW or other use with surface impact on parkland Areas within an existing easement or declaration of use are limited to the remaining eligible disturbance value. Adapted From: Right of Way Magazine "Easement Valuation" Sherwood, May/June 2006. Provided by City of Austin Office of Real Estate ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET Permanent Use Project: Requesting Department: AE-Cap Ex Central at Lady Bird Lake Austin Energy MOU # 25-006 Edward Rendon Sr. Metro Park at Festival Beach Adjacent COA Parcel 188233 Identified by requested area site geography Average Value per Square Foot. ($): $200.00 Calculated Based on Appraised Value of COA Parcel Requested Area (sq. ft.): 10,888 Submitted by Requesting Department/Entity Preliminary Mitigation Value ($): $2,177,600 Requested Area multiplied by the Value per Square Foot Disturbance Value (%): 90.00% Based on limitations on future development for that portion of parkland (see table below) Final Mitigation Value ($): $1,959,840 Preliminary Mitigation Value multiplied by the Disturbance Value Percentage of Fee 10% Comments Nominal effect on use and utility Example Uses Small subsurface water or sewer line DISTURBANCE VALUES 25% 35% 50% 65% 75% 90% 100% Subsurface or air rights that have minimal effect on use and utility Location along a property line or non usable land area Balanced use by both owner and easement holder Some impact on surface use and conveyance of ingress/egress rights Major impact on surface use and conveyance of future uses Severe impact on surface use and conveyance of future uses Permanently dedicated to installation Larger subsurface water or sewer line with minimal impacts on future development Water or sewer line, cable lines or other subsurface use with limited impacts on developable area Water or sewer line, cable lines with exceptions in the DOU allowing parklike amenities Pipelines or other limited surface impacts with maintenance requirements and limited development potential Pipelines, drainage easements, flowage easements that restrict future use Overhead electric, drainage easements, or other use with restrictions on future use ROW or other use with surface impact on parkland Areas within an existing easement or declaration of use are limited to the remaining eligible disturbance value. Adapted From: Right of Way Magazine "Easement Valuation" Sherwood, May/June 2006. Provided by City of Austin Office of Real Estate ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET Permanent Use Project: Requesting Department: AE-Cap Ex Central at Lady Bird Lake Austin Energy MOU # 25-006 Edward Rendon Sr. Metro Park at Festival Beach Adjacent COA Parcel 188233 Identified by requested area site geography Average Value per Square Foot. ($): $200.00 Calculated Based on Appraised Value of COA Parcel Requested Area (sq. ft.): 64 Submitted by Requesting Department/Entity Preliminary Mitigation Value ($): $12,800 Requested Area multiplied by the Value per Square Foot Disturbance Value (%): 100.00% Based on limitations on future development for that portion of parkland (see table below) Final Mitigation Value ($): $12,800 Preliminary Mitigation Value multiplied by the Disturbance Value Percentage of Fee 10% Comments Nominal effect on use and utility Example Uses Small subsurface water or sewer line DISTURBANCE VALUES 25% 35% 50% 65% 75% 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 Permanently dedicated to installation Larger subsurface water or sewer line with minimal impacts on future development Water or sewer line, cable lines or other subsurface use with limited impacts on developable area Water or sewer line, cable lines with exceptions in the DOU allowing parklike amenities Pipelines or other limited surface impacts with maintenance requirements and limited development potential Pipelines, drainage easements, flowage easements that restrict future use Overhead electric, drainage easements, or other use with restrictions on future use ROW or other use with surface impact on parkland Areas within an existing easement or declaration of use are calculated are limited to the remaining eligible disturbance value. Adapted From: Right of Way Magazine "Easement Valuation" Sherwood, May/June 2006. Provided by City of Austin Office of Real Estate Prop ID Square Ft Land Value 15,367 188233 $ 3,073,400.00