Agenda - Council - 07/12/1982 - Special

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I I I i I 16. A single family dwelling has an E.M.V. of $48,000 and each owner has an undivided 1/2 interest in the property. One of the owners occupies the dwelling on the assessment date. Class 3c Class 3c Class 3dd TOTAL A.V. $13,500 X 16%= $ 2,160 (Subject to H.C.) $10,500X 22%= $ 2,310 (Subject toH.C.) $24,000 X 28%= $ 6~720 (Non-Homestead) $11,190 H.C.A.V. = $ 4,470 Q.T.A.V. = $11,190 I I I I 17. A property with a two story building has an E.M.V. of $100,000. The first floor consists of a grocery store and the second floor contains two apartments of equal value. The owner occupies one of the apartments on the assessment date. The other apartments are rented out. The grocery store consists of 1/2 of the E.M.V. Class 3c Class 3c Class 4c TOTAL A.V. $27,000X 16%= $ 4,320 $23,000 X 22%= $ 5,060 $50,000 X 40% = $20,000 $29,380 H.C.A.V. = $29,380 Q.T.A.V. = $29,380 A property with a two story building has an E.M.V. of $100,000. The first floor consists of a hardware store and the second floor contains four apartments of equal value. The owner occupies one of the apartments on the assessment date. The other apartments are rented out. The hardware store consists of 50% of the E.M.V. Class 3c Class 3d Class 4c TOTAL A.V. $27,000 X 16%~ 4,320 $23,000 X 36% = $11,880 $50,000 X 40% = $20~000 $36,200 H.C.A.V. = $36,200 Q.T.A.V. = $36,200 19. A property with a two story building has an E.M.V. of $100,000. The first floor consists of a hardware store and the second floor contains three apartments of equal value. The owner occupies one of the apartments on the assessment date. The other apartments are rented out. The hardware store consists of 40% of the E.M.V. Class 3c Class 3dd Class 4c TOTAL A.V. $27,000 X 16%= $ 4,320 $33,000 X 28%= $ 9,240 $40,000 X 40% = $16~000 ~29,560 H.C.A.V. = $29,560 Q.T.A.V. = $29,560 -8-