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Industrial Reclamation Areas <br />Office/Industrial Benefit Appraisal Assessment Rate (up to 5 Acres) _ $0.15 to $0.25 per SF <br />Office/Industrial Benefit Appraisal Assessment Rate (exceeding 5 Acres) _ $0.02 to $0.05 per SF <br />Since the assessment rates calculated based on the City's assessment policy fell within or below <br />the assessment rate range for each improvement/zoning category, it is proposed to maintain the <br />assessment rates calculated based on the City's assessment policy for the project, or as directed <br />by the City Council. <br />As the project is designed and competitively bid, the calculated assessment amount will be updated <br />leading up to the adoption of the assessment roll. <br />Attachments <br />Attachment A: Resolution 2026-006 <br />Attachment B: Project Plan Sheets <br />Page 4 of 4 <br />