cabarrus county board of commissioners regular meeting november ...

October 17, 2011 (Regular Meeting)Page[0120] [LDR ] [ 620] [ ] [1.160] [4] [ .80] [+00+00+00+00+00][RP] [ 10000.00] [ 10.000] [AC] [ ]Example 2 - All acreage unsuitable: All 5 acres of a 5 acre parcel has beentested and rejected for all systems and the existing condition factor is .75for Access, Topo and Shape ; (-50% perk factor x 75% condition factor = -37.5% say -38% perk) a -38 adjustment is added to the Topo adjustment for theparcel.Land line prior to adjustment:[0120] [LDR ] [ 310] [ ] [1.320] [4] [ .75] [+00-05+00-10-10][RD] [ 10000.00] [ 5.000] [AC] [ ]Land line after adjustment:[0120] [LDR ] [ 310] [ ] [1.320] [4] [ .37] [+00-05+00-48-10][RD] [ 10000.00] [ 5.000] [AC] [-38 PERK]Example 3 – Less than 20 acres with part of the acreage tested and foundunsuitable: If a parcel is greater than 10 acres and has one building siteapproved then the 10 acres around the building site needs no adjustment andany remaining acreage that has been tested and failed is to be adjusted asfollows.If 7.5 acres of a 15 acre parcel has been rejected for all systems; 10.0acres will be priced at 100% and 5.0 of the acres (15 total ac – 10 achomesite) that were rejected will be priced at -50% or (50% x 5.0 ac / 15 ac= -16.7% Perk say -17% Perk). Net the Perk adjustment against the existingcondition factor. By example if the 15 acre parcel hasa factor of 0.85 forfrontage and topo, calculate the adjusted perk factor as follows; (-16.7 PERKx 85% = -14.03) say – 14% Perk is added to the existing Topo adjustment forthe parcel.Land line prior to adjustment:[0120] [LDR ] [ 310] [ ] [1.320] [4] [ .85] [-05+00+00-10+00][RP] 0-10+00][RP] [ 10000.00] [ 15.000] [AC] [ ]Land line after adjustment:[0120] [LDR ] [ 310] [ ] [1.320] [4] [ .71] [-05+00+00-24+00][RP] 00+00-24+00][RP] [ 10000.00] [ 15.000] [AC] [-15 PERK]Example 4 - 20 acres or more with partof the acreage tested and foundunsuitable: If 10.0 acres of a 200 acre parcel has been tested and foundunsuitable for a conventional system butthe suitability for non-conventionalsystems has not been explored; 190.0 acres will be priced at 100% and the10.0 of the acres that were rejected will be priced at -20% or ((80% x 10.0)ac / 200 ac) = -04% PERK). Net thePerk adjustment against the existingcondition factor. By example if the 200 acre parcel has a factor of 0.85 forfrontage and topo, calculate the adjusted perk factor as follows; (-04% PERKx 85% = -3.40) say -03% Perk is added to the existing Topo adjustment for theparcel.Land line prior to adjustment:[0120] [LDR ] [ 1310] [ ] [0.914] [4] [.85] [-05+00+00-10+00][RP] [ 10000.00] [ 200.000] [AC] [ ]Land line after adjustment:DRAFT[0120] [LDR ] [ 1310] [ ] [0.914] [4] [ .82] [-05+00+00-13+00][RP] [ 10000.00] [ 200.000] [AC] [-03 PERK]FLOOD PLAIN ADJUSTMENTS: RURAL ACREAGE Land Model 04Parcels located in municipal areas must have some Open Space when developed;therefore the flood plain may have a value as open space. Parcels that haveflood plain should be adjusted according to the percentage of acreage that isactually within the flood plain area. If the flood plane is located in theback of the property or side of the property multiply the percent of floodplane by 20%, if located across the middle multiply by 30%, or if located onthe front of the property multiply by 40%. If the flood plain affects theroad frontage so severely that it creates access problems you may need to addadditional topo to adjust for the added cost of creating access to theproperty.Example 1: 100 acres with 22 acres in the flood plain located on the back ofthe property, 22/100 = 22% and 22% x 20% = 4.40% rounded to 5% topo.Example 2: 100 acres with 22 acres in the flood plain located on the middleof the property, 22/100 = 22% and 22% x 30% = 6.60% rounded to 7% topo.A-1Page 69