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Cluster · estimate · FY 2021
Estimated replacement cost for Ebony St NW and Garnet St NW, basis for assessments.
Not promoted to the official baseline.
This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.
Corroboration
1docs
Consensus
0%
Votes attached
0
Date range
2021-05-24 — 2021-05-24
Estimated replacement cost for Ebony St NW and Garnet St NW, basis for assessments.
Estimated replacement costs are $288,000, which is the basis of the assessments. Nelson identified 20 benefitting properties that are proposed to receive an assessment. The City will pay 50% of replacement cost, and the other 50% will be covered by a proposed assessment of $7,400 per unit.
Reasoning: Explicitly stated as the basis for the assessment calculation.