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cabarrus county board of commissioners regular meeting november ...

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October 17, 2011 (Regular Meeting)Pagetypes, they would be addedtogether and divided by 2and truncated.HEAT FUEL - Electric (4) 1 pointHEAT TYPE - Heat Pump (10) 6 pointsAIR CONDITIONING TYPE - Central (3) 6 pointsNote: At this point, ifthe parcel were a singlefamily residence, the nextstep would be to locatethe table for the "01"model which assigns pointsfor the variouscombinations <strong>of</strong> the number<strong>of</strong> bedrooms to the number<strong>of</strong> baths. These pointsare then added to theabove and then multipliedby the sum <strong>of</strong> the Qualityx Market x Size ADJUSTMENTto obtain the QUALITYINDEX.STRUCTURAL FRAME - Masonry (04) 12pointsCEILING AND INSULATION -Suspended d Ceiling7pointsand Wall Insulated (03)COMMERCIAL PLUMBING - 4.0 Restrooms, 8.00fixtures 6 points(8 fixtures divided into 3,900 sq. ft.= 487.55 sq.ft/average or 6 points)From the preceding figures we have obtained the following:FOUNDATION 6 pointsSUB FLOOR SYSTEM 6 pointsEXTERIOR WALL L CONSTRUCTION22 pointsROOFING STRUCTURE 10 pointsROOFING COVER4 pointsINTERIOR WALL L CONSTRUCTION8 pointsINTERIOR FLOORING7 pointsHEAT FUEL1 pointHEAT TYPE6 pointsAIR CONDITIONINGTYPE 6 pointsSTRUCTURAL FRAME12 pointsCEILING AND INSULATING 7 pointsCOMMERCIAL PLUMBING 6 pointsDRAFTTOTAL POINTS 101 pointsBUILDING ADJUSTMENTSShape/Design 2 Rectangle 1.0000Quality 3 Average 1.0000Size Size Size 1.0600TOTAL ADJUSTMENT FACTOR 1.060TOTAL QUALITY INDEX 107The QUALITY INDEX is the design/market x height factor x the quality factor xsize factor x the total points. This property has no height factortherefore, 1.00 (design) x 1.00 (quality) x 1.06% (size) = 1.01 x 1.06 =1.0706 or 1.07.STEP 3.DETERMINE EFFECTIVE BASE RATEA. The base rate for a particular model is given. In thisinstance, it is $64.00 per square foot.B. Multiply the base rate times the quality index:$64.00 x 1.07 = $68.48$68.48 is the effective base rate.A-1Page 124

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