55B - RESO - WARNER ASSESSMENT DISTRICT

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may be utilized, because parcel size is one of the main limiting factors on what can be built on a specific parcel. Appendix C represents the area of each parcel within the Assessment District boundary. Length of Travel Footage. The length of travel footage is defined as the length from the farthest access point of the property to the nearest major thoroughfare. The length of travel footage method is a direct measure of the actual utilization of the street improvements by each parcel and its corresponding special benefit derived from the street improvements. Recommended Direct and Special Benefit Methodology Spreads For the purpose of assessing the special benefits to each parcel in the Assessment District, a combination of two components of special benefit have been identified to quantify the value of the Improvements to be received by each parcel in the Assessment District. The first component of special benefit is based on the parcel acreage and the second is length of travel along the roads to be improved by the projects this assessment is funding. The first level of special benefit was assigned based on the size of the parcel (in acres) as parcel size dictates, to some degree, the size of the business, and how much employee and customer traffic it generates. The size of a parcel is an indicator of how much traffic will be generated and how much the parcel will specially benefit from the improved roadways within the Assessment District. This special benefit is assigned a value or weighting of 50% of the total assessment. Some parcels are land - locked (having no driveway outlet to the streets being improved), but the potential future use of these parcels would specially benefit from the improvements of the interior roadways in proportion to the parcel size. Furthermore, many of these parcels are already being used in combination with adjoining parcels which do have access to the interior roadways, thereby specially benefiting from the improvements. A total of 29 parcels (22 north of Warner Avenue, and 7 to the south) have been identified as receiving this level of special benefit and only this level. These parcels will be charged only the acreage -based component of the assessment. The second level of special benefit was assigned based on the length of the improved street or streets over which vehicles will travel to arrive at each individual parcel. This benefit was determined by measuring the length of travel in linear feet from the nearest major thoroughfare along one or more of the streets to be improved to the farthest driveway on a particular parcel. Longer lengths of travel contribute more to the wear and tear of the roadway than do shorter trips. This special benefit is thought to be a true measure of how much of the improved streets each particular parcel will utilize and is therefore assigned a value or weighting of 50% of the total assessment. Only parcels having direct access to the interior roadways to be improved will be assessed this component. Therefore, the special benefits will be apportioned to the parcels within the Assessment District in the following manner: Methodology Percentage Applied Parcel Area 50% Length of Travel 50% The total amount to bond equals $3,033,415, assuming the City will contribute $3,033,415 of the total costs Proposition 218 mandates that "Parcels within a District that are owned or used by any Agency, the State of California, or the United States shall not be exempt from assessment, unless the Agency can demonstrate by clear and convincing evidence, that these publicly owned parcels in fact receive no benefit." Roadway parcels upon which improvements are located do not receive benefit and are not assessed. 19 55B -89