HomeMy WebLinkAbout234 Broad street Replacement Cost MethodReplacement Cost Method Date: 05-19-2021
Appraised Value (Installed Plant Cost x Species % x (Condition) % x (Location %) + (Staff cost)
Installed Plant Cost = Replacement Plant Cost + Installation Cost
Case #_______
Address of Illegal Removal: ___234 Broad street____________________
Appraiser: Anthony Whipple Certified Arborist # WE-7237-ATM
Field Observations
1. Species California Sycamore (Platanus racemosa)
2. Condition 90 %
3. Trunk size: Inches in Diameter 50-inch Diameter
Size (height/spread/volume) = Trees ______ + ______ = _________ Inches
4. Location % = [Site 80 % + Contribution 80 % + Placement 80 % ÷ by the number of trees =____80____%
(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__50_____=___50__________
8. Replacement Plant Cost __50____inches X $__$80_____ =$__4,000__
9. Installation Cost $_____4,000___ X_2.44____ number of trees =$___9,760_
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) $__4,000__ + Installation Cost (#9) =$__9,760_____ = $ 13,760
Adjusted Installed Plant Cost = Installed Plant Cost (#11) $__13,760_____X Species rating (#6) _90___ % X Condition (#2) _90__% X Location (#4) __80___%
= $ _8,916__
13. Add Removal and Clean-up Costs (#5) $__200______(and or staff time) $200 = $_200___
14. The Appraised Value is either #12 or #13. =$ _8,916_
If Appraised Value (#14) is $5,000 or greater, round nearest $100; If less than $5,000 round to the nearest $10
= $ _8,900______
16. Appraised Value (#15) = $_8,900__
17. Per City of San Luis Obispo Municipal Code 12.24.170 A $_8,900 X 2 = $ 17,800__
18. Replacement value: = $17,800
*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.
G:\Asset-Management\Trees-Urban Forestry\Illegal Removals\Template Forms & Letters\TEMPLATE Replacement Cost Method.doc