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HomeMy WebLinkAbout163 serrano hights dr Tree Replacement Cost MethodReplacement Cost Method Date: October-13-2021  Appraised Value (Installed Plant Cost x Species % x (Condition) % x (Location %) + (Staff cost) Installed Plant Cost = Replacement Plant Cost + Installation Cost  Case #__188__ Address of Illegal Removal: 163 Serrano Hight’s Dr  Appraiser: Anthony Whipple Certified Arborist # WE-7237-ATM       Field Observations      1. Species Cost Live Oak (quercus agrifolia)   2. Condition 75 %   3. Trunk size: Inches in Diameter at 4.5 feet above grade = 3 x 10-inch Diameter =30 inch  4. Location % = [Site 60 % + Contribution 60 % + Placement 60 % ÷ by the number of trees =__60__%  (staff time rate $72.00 per hour): 3 hours X $72.00 = $___217.00________  Regional Plant Appraisal Committee and/or Appraiser-Developed or Modified Information   6. Species Rating 90 %   7. Replacement Plant Size (diameter) _1 Inches X number of trees__30_____=___30__________   8. Replacement Plant Cost __30____inches X $__$96_____ =$____2,880_____   9. Installation Cost $_____2,880___ X_2.44____ number of trees =$___7,027______   10. Other Regional Information: Readily available in 15 (gallon) size _1” trunk diameter        Calculations by Appraiser Using Field and/or Regional Information  Installed Plant Cost = Plant Cost (#8) $__2,880 + Installation Cost (#9) =$__7,027_ = $9,907  Adjusted Installed Plant Cost = Installed Plant Cost (#11) $ 9,907 X Species rating (#6) _90___ % X Condition (#2) _75__% X Location (#4) __60___% = $ _4,012___   13. Add Removal and Clean-up Costs (#5) $__200 (and or staff time) $200 = $ ___200_____   14. The Appraised Value is either #12 or #13. =$ __4,012__  If Appraised Value (#14) is $5,000 or greater, round nearest $100; If less than $5,000 round to the nearest $10 = $ _4,010__  16. Appraised Value (#15) = $__4,010_     17. Per City of San Luis Obispo Municipal Code 12.24.170 A .1 $_4,010 X 2 = $ 8,020____   18. Replacement value: = $ 8,020  *A median cost is the most appropriate cost to use because there are an equal number of costs greater than and less than the median. Equally important, plants and installation are available at those specific costs.