HomeMy WebLinkAbout01.03 School Dedication Fee CalculationROARING FORK PRESERVE
SCHOOLL DEDICATION FEE CALCULATION
FORMULA:
Unimproved per Acre Market Value of Land X Land Dedication Standard X # of units = Cash in Lieu
Note: Mark Bean says the number of units must include the potential Accessory Dwelling Units.
April 3, 2000 Appraisal by John W. Nisley, MAI - Value by Sales Comparison Approach
$1.800,000.00
Value Acres L D S Units
$1,800,000.00 90.034 0.02 13
$19,992 45 0.26
$5,198.04 Cash in Lieu School Dedication Fee