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• • <br /> Kirk Brooks <br /> From: Teresa Weldon <br /> Sent: Friday, September 04, 2015 9:47 AM <br /> To: Steve Ingalsbe <br /> Cc: Kirk Brooks <br /> Subject: Value for lot 4 <br /> Steve, <br /> Since our convo yesterday about not including the building in the parking lot valuation, I estimated the value of the <br /> parking lot for lot 4 at about 30K. <br /> Lot 3 has a value of$14,400 for^23,700 SF so that's$0.608 per SF.Taking that same valuation method, lot 4 is about <br /> �48,500 SF, so $0.608 x 48,500 SF = a value of$29,488. I'm taking into account the SF of proposed lot 4. <br /> If the new parking lot, which we would consider as 'new construction activities' on lot 4 is over$15K(50%of the $30K <br /> valuation), sidewalk improvements are required. If you agree, I'll ask Kirk if he can get a valuation of just the parking lot <br /> improvements. If the value is over 15K, I'd like to give him the comment below to include in his correction letter; but <br /> please amend if you see needed tweaks. <br /> New sidewalk, street trees and tree wells are required along the frontage of lot 4 according to the eroadway Mixed Use <br /> (BMUJ zone standards. Lot 4 shows 111.44 feet of street frontage along Broadway as shown on the Preliminary <br /> Approved Binding Site Plan map. Design the sidewalk to match with lot 3 (proposed WSU buildingJ and to align with the <br /> existing sidewalk on lot 5. <br /> Thanks, <br /> Teresa Weldon <br /> Associate Planner <br /> City of Everett Planning Department <br /> Direct: 425.257.7281 <br /> Permit Services: 425.257.8810 <br /> is �����ir�C <br /> � <br /> , f� <br /> °� /y��Z S �r4i�.a9e <br /> � 25�2`f8 /�av�rJc. <br /> � 3`��e73 �osfoF'hec� ��r,�in� <br /> �cr -F.ee c�L cvL�-Frdh <br /> tsh eet.� <br /> � <br />