§ 153.070 DEGRADATION COSTS.

   (A)   The formula for degradation costs is provided in Table 1 – 30-year design standard. Table 2 illustrates a hypothetical calculation.

      (1)   Table 1: Cost of recovery method (30-year street design standard)

 

Cost of Recovery Method (30-Year Street Design Standard)
Cost per square yard for streets, overlays and sealcoats X depreciation rate X area of influence (1)
Depreciation Rates						Cost Per Square Yard (3)
Street (2)				Overlays		Type	Cost
Age	Rate	Age	Rate	Age	Rate	Asphalt reconstruction	$45
Cost of Recovery Method (30-Year Street Design Standard)
(1) Area of influence is equal to area of the cut plus 3 feet on each side (expressed in square yards) (2) Depreciation rates are based on a 30-year street design standard. Depreciation for the first 5 years is 1% per year, followed by straight line depreciation less 15% for the remaining street design standard (25 years). (3) Depreciation can occur at 1% per year after this time for up to 15 years or street reconstruction, whichever occurs first.

 

      (2)   Table 2: Recommended cost of recovery method.

Recommended Cost of Recovery Method
Cost per square yard for streets, overlays and sealcoats X depreciation rate X area of influence (1)
Example
Assumptions:       Street is 16 years old Overlay is 5 years old Sealcoat is 1 year old Area of cut = 3 feet x 3 feet Area of influence   =   9 feet x 9 feet = 81 feet =   9 square yards
	Cost per Square Yard	Depreciation Rate	Area of Influence	Degradation Cost
Asphalt Street	$45	60%	9.0	$243
Concrete Street			0.0	$0
Overlay	$10	50%	9.0	$45
Sealcoat	$1	80%	9.0	$7.20
Total Cost               $295.20

 

   (B)   Degradation costs will be reviewed and may be changed by resolution of the Board of Trustees.

(Prior Code, § 165.26.1) (Ord. 503, passed 7-7-2005; Ord. 577, passed 11-6-2014)

§ 153.071 ADMINISTRATIVE/MANAGEMENT COST.

   (A)   The formula for determining that portion of the permit fee relating to administrative or management costs is as follows:

Labor (X) hours of staff time involved in connection with granting and oversight of permit =

Permit Fee for Administrative/Management Costs

   (B)   In connection with this formula, the following assumptions are made:

      (1)   Labor = hourly rate + benefits + indirect costs;

      (2)   Inspectors are paid $30 per hour;

      (3)   Engineers are paid $85 per hour;

      (4)   Clerical staff is paid $20 per hour;

      (5)   Benefits = 45% of salary; and

      (6)   Indirect costs = 25% of salary.

   (C)   Administrative/management costs will be reviewed and may be changed by resolution of the Board of Trustees.

(Prior Code, § 165.26.2) (Ord. 503, passed 7-7-2005; Ord. 577, passed 11-6-2014)

§ 153.072 RECOMMENDED COST OF RECOVERY METHOD.

   Cost per Square Yard for Streets, Overlays and Sealcoats X Depreciation Rate X Area of Influence (1)

(Prior Code, § 165.26.3) (Ord. 503, passed 7-7-2005; Ord. 577, passed 11-6-2014)

§ 153.073 FORMULA EXAMPLE.

   (A)   Assumptions: street is 16 years old;

   (B)   Overlay is five years old;

   (C)   Sealcoat is one year old;

   (D)   Area of cut = three feet x three feet; and

   (E)   Area of influence = nine feet x nine feet = 81 square feet = nine square yards.

 

	Cost per Square Yard	Depreciation Rate	Area of Influence	Degradation Cost
Concrete street			0.0	$0
Asphalt street	$45	60%	9.0	$243
Overlay	$10	50%	9.0	$45
Sealcoat	$1	80%	9.0	$7.20
Total cost				$295.20

 

(Prior Code, § 165.26.4.1) (Ord. 503, passed 7-7-2005; Ord. 577, passed 11-6-2014)

§ 153.074 COST OF RECOVERY METHOD.

 

Cost per Square Yard for Streets, Overlays and Sealcoats X Depreciation Rate X Area of Influence (1)
Depreciation Rates						Cost Per Square Yard (3)
Street (2)				Overlays		Type	Cost
Age	Rate	Age	Rate	Age Rate	Type
Cost per Square Yard for Streets, Overlays and Sealcoats X Depreciation Rate X Area of Influence (1)
NOTES TO TABLE: (1) Area of influence is equal to area of the cut plus 3.0 feet on each side (expressed in sq. yds.) (2) Depreciation rates are based on a 30-year street design standard. Depreciation for the first 5 years is 1.0% per year, followed by straight line depreciation less 15.0% for the remaining street design standard (25 years). Depreciation can occur at 1.0% per year after this time for up to 15 years or street reconstruction, whichever occurs first.

 

(Prior Code, § 165.26.4) (Ord. 503, passed 7-7-2005; Ord. 577, passed 11-6-2014)

§ 153.999 PENALTY.

   Any person who violates the provisions of this chapter, as aforesaid, shall, upon conviction, be subject to a fine of not more than $500 and/or liquidated damages. Each day that such violation shall continue shall constitute a separate and distinct offense.

(Prior Code, § 165.24) (Ord. 503, passed 7-7-2005; Ord. 577, passed 11-6-2014)