STEP 1: LAND DEDICATION (1 AC provided
for every):
| |
Land Dedication
|
Single Family: 1 acre per 54 dwelling units
|
Multifamily: 1 acre per 58 dwelling units
| |
STEP 2: FEE -IN-LIEU OF LAND or (F-I-L)
| |
Infill lot
|
Appraised Market Value ÷ dwelling level of service
= F-I-L
|
Single family (SF)
|
SF: AMV ______ ÷ 54 DUs = $________ per DU
|
Multifamily (MF)
|
MF: AMV ______ ÷ 58 DUs = $________ per DU
|
Undeveloped acreage
|
(A) Appraised market value of land ÷ # of land + Appraised
market value per acre
|
(B) Appraised market value of acre ÷ dwelling of service
= F-I-L
| |
Single family (SF)
|
SF: AMV ______ ÷ 54 DUs = $________ per DU
|
Multifamily (MF)
|
MF: AMV ______ ÷ 58 DUs = $________ per DU
|
STEP 3A: NEIGHBORHOOD PARK DEVELOPMENT
| |
Neighborhood Park Fee
|
Single family: $120.00 per DU
|
Multifamily: $111.00 per DU
| |
STEP 3B: COMMUNITY PARK DEVELOPMENT
| |
Community Park Development Fee
|
Single family: $469.00 per DU
|
Multifamily: $434.00 per DU
| |
TOTAL FEE
|
AC or F-I-L + 3A + 3B = (3A & 3B / DU) = Total fee
|
Single family 1
AC/54 DU
|
____ _____ + $120.00 + $469.00 = $589.00 = _________
|
Multifamily
1 AC/58 DU
|
____ _____ + $111.00 + $434.00 = $545.00 = _________
|