Example 3: Open Storage Facility
The facility is an open storage facility/warehouse with
1,300,000 sq. ft. of space.
STEP 1:
TOTAL BASE UNIT
|
÷ |
BASE UNIT |
X |
EDU FACTOR |
= |
TOTAL EDUs TO BE ASSESSED |
First 100,000 SQ. FT |
100,000 |
÷ |
1000 |
X |
.13 |
= |
13 |
Add’l SQ. FT. between 100,000 and 1,000,000 |
900,000 |
÷ |
1000 |
X |
.02 |
= |
18 |
Remaining SQ. FT. over 1,000,000 |
300,000 |
÷ |
1000 |
X |
.03 |
= |
9 |
TOTAL COMBINED EDUs |
= |
40 |
STEP 2:
TOTAL EDUs |
X |
CURRET SFPC |
X |
TENANT
DISCOUNT |
= |
TOTAL Sewer FPC AMOUNT DUE |
40 |
X |
$3,550.00*/EDU |
X |
1 |
= |
$142,000.00 |
TOTAL SEWER FPC AMOUNT DUE |
$142,000.00 |
* For Current Sewer Financial Participation Charges refer to Fee Schedule
|
