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· , HUb l'J '.1~,4 09:23AH LEAGUE OF OR CITIES
<br />' FA.~..51~3~1 ZTOO;J C, DD
<br /> ' ,107'/23'/,o4 , '1~ ~ 43 P. 13/33
<br /> ' 7,- --, ,', ~
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<br />"' ' ' '.'" · 'Pre Application Fee $ 107
<br /> : ' ~', ', · Ctatm Pursuant to Measure,Thirty Six Fee $3170,
<br /> ','.. ,, ,i ,,. Appraisal Fee (Deposit) $3300
<br />' , .... "' ": .., :,'; TOTAL FEE (per a~plioation) $6577
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<br />,:i,? , ,,,,,',, "I am not in a pos~on to state how many such claims the Cltg would
<br /> ., ," ~ ,likely process in any given fiscal year. However, our administrative
<br />· , , ",f~e analysis is premised oB the need to have a Senior
<br />.: .~.,,/' '::', ',Pl~nned^nalyst (FrE cost: $100,00 per year) on staff in order to
<br />,,.: ,., ,.. ," ,:pmces~ Such complex claims and that such a position would spend at
<br /> ,, ~, "I~a~t hue their time for the first two to three year~ processing such
<br /> ",i :claims,.
<br />
<br /> · ;, .' ', Fiscal Impacts of Purchasing Property and/or Waiving City
<br /> .... Regulations
<br />· : . , ,, , ~, ':
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<br /> ' ',, !:! have l~aken the opportunity to review several tax parcels ia the City
<br />, .. ,. '. ?' ,,of: Beaverton that am more likely to be candidates for claims under
<br /> · ' '~ ' BM 36= These parcels are: a) zoned Regional Center (RC); b) have
<br />, ,,..":, ).· "', ~, 'b0en owned by the same individual or family before the Citg adopted
<br /> .,,,, , ":'i(S first Comprehensive Plan in 1972; c) the parcels in questions fall
<br /> ' ' :'urider the regional definition of being undeveloped and/or
<br />.... ,:,'"u~r~derdeveloped; and d) the parcels have a Iow building to land value
<br />, ,, !,, ,., ' ' ' ratio (as such making such parcels desirable for redevelopment
<br />;"' i"" ,, "' ~hout any land use r~strictions).
<br />
<br /> ,,...,,:. ~'; ', ':.~c. enario A: 3 parcels totaling 2,79 Acres, Total MAV of $1,672,856
<br />, ,, ,:,as ,of, FY 04-05. Average cost per square foot ranging from $12 to
<br /> '",,' 'i" , $~6, Highly visible; adjacent to light rail and owned by same family
<br /> :,,,, ,,s~nce well before 1972 and has potential for any type of use other
<br />, i'i, , ,- ", !:',,than those uses' specified the Regional Center zoning. PotenMal
<br /> ,,: :',', ~ ' Impa~s to Git-y: waive development regulations to resolve current
<br /> , ' ', , .',' :,' claim; purchase properties for at lea~t $1.7 million; property
<br /> · ,. ,, ~ d~velopment could be Well below minimum FAR for area; loss o1: on-
<br />
<br />.: ;', ,.,, .g?.mg h~gher property taxes; lost mvesfment in light
<br /> ,,. ,:, ,', "tktl/street/wateflsewer. infrastructure; and processing claims from
<br /> ,, ,· "~djamnt property owners who claim their own value loss due to
<br />
<br /> ,, Scenario A'$ development,
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