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PROPOSED NEW FEES STRUCTURE. Ambergris Caye Local Building Authority established SAN PEDRO TOWN COUNCIL recent review of Land Tax Structure To reflect the present value increase in property assets To keep pace with rapid and sophisticated new development
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PROPOSED NEW FEES STRUCTURE Ambergris Caye Local Building Authority established SAN PEDRO TOWN COUNCIL recent review of Land Tax Structure To reflect the present value increase in property assets To keep pace with rapid and sophisticated new development And the improved costs of administration for implementing an upgraded General Development Plan And escalating costs of SPTC’s community services
NEW/CONTINUING DEVELOPMENT NEEDS • 1. Economic Element • 2. Historic Sites Element • 3. Housing Element • 4. Infrastructure Element • 5. Land Use Element • 6. Natural Beauty, Natural Resources and Environmental Quality • 7. Natural Hazards Element
NEW BUILDINGS AND ADDITIONS( per cubic foot)RESIDENTIALCOMERCIAL
FENCES POOLS PIERS RET. WALLS SIGNS TOWERS(PER FOOT) ( PER SQUARE FOOT ) ( PER FOOT HEIGHT)
FEES CALCULATION • Commercial Property • 95,640 sq. ft. X $260.00 per sq. ft. X 0.005 = $124,332.00 • Or • 95,640 sq. ft. X 12 ft. X 0.40 = $459,072.00 • Residential property • 144 sq. ft. X 12 ft. X 0.20 = $345.60 • 1,096 sq. ft. X 12 ft. X 0.20 = $2,630.40 • 1,000 sq. ft. X 12 ft. X 0.20 = $2,400.00