04-3: Attachment A - Mitigation Calculation — original pdf

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ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET - SUMMARY Permanent Use - Unencumbered ROW Permanent Use - Encumbered ROW Permanent Use - SUP and Bike Trail Permanent Use - Surface Drainage Permanent Use - Subsurface Drainage Credit For Park Improvements SUBTOTAL = TOTAL = Calculated Fee $1,133,639 $103,697 $0 $187,681 $50,771 $1,475,787 $107,737 $1,368,050 Project: Requesting Dept ATPW - S Pleasant Valley Corridor Gap Austin Transportation and Public Works MOU #26-004 Country Club Creek West Greenbelt ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET Permanent Use Project: Requesting Department: ATPW - S Pleasant Valley Corridor Gap Austin Transportation and Public Works MOU #26-004 Country Club Creek West Greenbelt Geographic Area Code 9 Identified by requested area site geography Average Value per Square Foot. ($): $25.18 Calculated by MLS Area geography's average Requested Area (sq. ft.): 45,030 Submitted by Requesting Department/Entity Preliminary Mitigation Value ($): $1,133,639 Requested Area multiplied by the Value per Square Foot Disturbance Value (%): 100.00% Based on limitations on future development for that portion of parkland (see table below) Park Use Factor (%): 0.00% Based on the recreational or park value of the proposed use. Final Mitigation Value ($): $1,133,639 Preliminary Mitigation Value multiplied by the Disturbance Value Percentage of Fee 10% Comments Nominal effect on use and utility Example Uses Small subsurface water or sewer line DISTURBANCE VALUES 25% 35% 50% 65% 75% 90% 100% Subsurface or air rights that have minimal effect on use and utility Location along a property line or non usable land area Balanced use by both owner and easement holder Some impact on surface use and conveyance of ingress/egress rights Major impact on surface use and conveyance of future uses Severe impact on surface use and conveyance of future uses Permanently dedicated to installation Larger subsurface water or sewer line with minimal impacts on future development Water or sewer line, cable lines or other subsurface use with limited impacts on developable area Water or sewer line, cable lines with exceptions in the DOU allowing parklike amenities Pipelines or other limited surface impacts with maintenance requirements and limited development potential Pipelines, drainage easements, flowage easements that restrict future use Overhead electric, drainage easements, or other use with restrictions on future use ROW or other use with surface impact on parkland Areas within an existing easement or declaration of use are capped at the maxmimum remaining eligible percentage. Adapted From: Right of Way Magazine "Easement Valuation" Sherwood, May/June 2006. Provided by City of Austin Office of Real Estate ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET Permanent Use Project: Requesting Department: ATPW - S Pleasant Valley Corridor Gap Austin Transportation and Public Works MOU #26-004 Country Club Creek West Greenbelt Geographic Area Code 9 Identified by requested area site geography Average Value per Square Foot. ($): $25.18 Calculated by MLS Area geography's average Requested Area (sq. ft.): 9,940 Submitted by Requesting Department/Entity Preliminary Mitigation Value ($): $250,241 Requested Area multiplied by the Value per Square Foot Disturbance Value (%): 75.00% Based on limitations on future development for that portion of parkland (see table below) Park Use Factor (%): 0.00% Based on the recreational or park value of the proposed use. Final Mitigation Value ($): $187,681 Preliminary Mitigation Value multiplied by the Disturbance Value Percentage of Fee 10% Comments Nominal effect on use and utility Example Uses Small subsurface water or sewer line DISTURBANCE VALUES 25% 35% 50% 65% 75% 90% 100% Subsurface or air rights that have minimal effect on use and utility Location along a property line or non usable land area Balanced use by both owner and easement holder Some impact on surface use and conveyance of ingress/egress rights Major impact on surface use and conveyance of future uses Severe impact on surface use and conveyance of future uses Permanently dedicated to installation Larger subsurface water or sewer line with minimal impacts on future development Water or sewer line, cable lines or other subsurface use with limited impacts on developable area Water or sewer line, cable lines with exceptions in the DOU allowing parklike amenities Pipelines or other limited surface impacts with maintenance requirements and limited development potential Pipelines, drainage easements, flowage easements that restrict future use Overhead electric, drainage easements, or other use with restrictions on future use ROW or other use with surface impact on parkland Areas within an existing easement or declaration of use are capped at the maxmimum remaining eligible percentage. Adapted From: Right of Way Magazine "Easement Valuation" Sherwood, May/June 2006. Provided by City of Austin Office of Real Estate ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET Permanent Use Project: Requesting Department: ATPW - S Pleasant Valley Corridor Gap Austin Transportation and Public Works MOU #26-004 Country Club Creek West Greenbelt Geographic Area Code 9 Identified by requested area site geography Average Value per Square Foot. ($): $25.18 Calculated by MLS Area geography's average Requested Area (sq. ft.): 5,762 Submitted by Requesting Department/Entity Preliminary Mitigation Value ($): $145,059 Requested Area multiplied by the Value per Square Foot Disturbance Value (%): 35.00% Based on limitations on future development for that portion of parkland (see table below) Park Use Factor (%): 0.00% Based on the recreational or park value of the proposed use. Final Mitigation Value ($): $50,771 Preliminary Mitigation Value multiplied by the Disturbance Value Percentage of Fee 10% Comments Nominal effect on use and utility Example Uses Small subsurface water or sewer line DISTURBANCE VALUES 25% 35% 50% 65% 75% 90% 100% Subsurface or air rights that have minimal effect on use and utility Location along a property line or non usable land area Balanced use by both owner and easement holder Some impact on surface use and conveyance of ingress/egress rights Major impact on surface use and conveyance of future uses Severe impact on surface use and conveyance of future uses Permanently dedicated to installation Larger subsurface water or sewer line with minimal impacts on future development Water or sewer line, cable lines or other subsurface use with limited impacts on developable area Water or sewer line, cable lines with exceptions in the DOU allowing parklike amenities Pipelines or other limited surface impacts with maintenance requirements and limited development potential Pipelines, drainage easements, flowage easements that restrict future use Overhead electric, drainage easements, or other use with restrictions on future use ROW or other use with surface impact on parkland Areas within an existing easement or declaration of use are capped at the maxmimum remaining eligible percentage. Adapted From: Right of Way Magazine "Easement Valuation" Sherwood, May/June 2006. Provided by City of Austin Office of Real Estate ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET Permanent Use Project: Requesting Department: ATPW - S Pleasant Valley Corridor Gap Austin Transportation and Public Works MOU #26-004 Country Club Creek West Greenbelt Geographic Area Code 9 Identified by requested area site geography Average Value per Square Foot. ($): $25.18 Calculated by MLS Area geography's average Requested Area (sq. ft.): 19,234 Submitted by Requesting Department/Entity Preliminary Mitigation Value ($): $484,220 Requested Area multiplied by the Value per Square Foot Disturbance Value (%): 100.00% Based on limitations on future development for that portion of parkland (see table below) Park Use Factor (%): 100.00% Based on the recreational or park value of the proposed use. Final Mitigation Value ($): $0 Preliminary Mitigation Value multiplied by the Disturbance Value Percentage of Fee 10% Comments Nominal effect on use and utility Example Uses Small subsurface water or sewer line DISTURBANCE VALUES 25% 35% 50% 65% 75% 90% 100% Subsurface or air rights that have minimal effect on use and utility Location along a property line or non usable land area Balanced use by both owner and easement holder Some impact on surface use and conveyance of ingress/egress rights Major impact on surface use and conveyance of future uses Severe impact on surface use and conveyance of future uses Permanently dedicated to installation Larger subsurface water or sewer line with minimal impacts on future development Water or sewer line, cable lines or other subsurface use with limited impacts on developable area Water or sewer line, cable lines with exceptions in the DOU allowing parklike amenities Pipelines or other limited surface impacts with maintenance requirements and limited development potential Pipelines, drainage easements, flowage easements that restrict future use Overhead electric, drainage easements, or other use with restrictions on future use ROW or other use with surface impact on parkland Areas within an existing easement or declaration of use are capped at the maxmimum remaining eligible percentage. Adapted From: Right of Way Magazine "Easement Valuation" Sherwood, May/June 2006. Provided by City of Austin Office of Real Estate ATTACHMENT "A" - M.O.U. MITIGATION FEES CALCULATION WORKSHEET Permanent Use Project: Requesting Department: ATPW - S Pleasant Valley Corridor Gap Austin Transportation and Public Works MOU #26-004 Country Club Creek West Greenbelt Geographic Area Code 9 Identified by requested area site geography Average Value per Square Foot. ($): $25.18 Calculated by MLS Area geography's average Requested Area (sq. ft.): 41,190 Submitted by Requesting Department/Entity Preliminary Mitigation Value ($): $1,036,966 Requested Area multiplied by the Value per Square Foot Disturbance Value (%): 10.00% Based on limitations on future development for that portion of parkland (see table below) Park Use Factor (%): 0.00% Based on the recreational or park value of the proposed use. Final Mitigation Value ($): $103,697 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 capped at the maxmimum remaining eligible percentage. 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 Park Improvements Project: Requesting Department: ATPW - S Pleasant Valley Corridor Gap Austin Transportation and Public Works MOU #26-004 Country Club Creek West Greenbelt PARD Mitigation Base Costs Bid Item No. Item Description 132S-A 432S-SUPA 432S-SUPC SP702S-J 824-S Bike Trail Connection (earthwork only) Shared Use Path (West of Burleson) Bike Trail Connection (path only) Kiosk Restoration Custom Trail Sign Addition at Bike Path Entrance Quantity Unit CY SF SF EA EA 457 180 2,640 1 1 Unit Price $ $ $ $ $ 45.00 16.00 17.00 1,500.00 550.00 Subtotal Amount $ $ $ $ $ $ 20,565.00 2,880.00 44,880.00 1,500.00 550.00 70,375.00 EOPCC minus APR Mitigation Unit Items & Shared Items Subtotal $5,240,981.00 TPW Base Construction Costs Base Shared Costs Bid Item No. Item Description 101S-B 602S-D 639S 641S 648S 661S-A 700S-TM PREPARING RIGHT OF WAY GRASS SODDING ROCK BERM STABILIZED CONSTRUCTION ENTRANCE MULCH SOCK COMPACTED SURFACE SOIL: TILLING TOTAL MOBILIZATION PAYMENT Quantity Unit STA SY LF EA LF SY LS 10 9,779 105 1 2,870 595 1 Mitigation Construction Cost Breakdown Base Line Costs % Base Shared Costs Subtotal Contingency (10%) Total Construction TPW $5,240,981.00 98.68% 538,737.92 5,779,718.92 577,971.89 6,357,690.81 $ $ $ $ APR $ 70,375.00 1.32% 7,234.08 77,609.08 7,760.91 85,369.99 $ $ $ $ Unit Price $ $ $ $ $ $ $ 20,000.00 8.00 50.00 5,000.00 12.00 10.00 217,100.00 Subtotal Amount $ $ $ $ $ $ $ $ 200,000.00 78,232.00 5,250.00 5,000.00 34,440.00 5,950.00 217,100.00 545,972.00 Total $5,311,356.00 100.00% $545,972.00 $5,857,328.00 $585,732.80 6,443,060.80 $ Construction Phase Costs 4.50% Consultant TPW Costs APR Costs $ $ 6,357,690.81 85,369.99 $ $ 286,096.09 3,841.65 3.00% Testing 190,730.72 2,561.10 $ $ 4.50% Inspections $ $ 286,096.09 3,841.65 0.50% 1.00% CDS PM TPW Sponsor Contingency 31,788.45 426.85 63,576.91 853.70 $ $ 635,769.08 8,537.00 $ $ 10.00% $ $ 2.20% ROCIP 139,869.20 1,878.14 $ $ 0.50% Debt Issuance $ 31,788.45 $ 426.85 Total 8,023,405.80 107,737.00 $ $