BC 2011 10 17 Regular Meeting - Laserfiche WebLink

Home Browse Search

October 17, 2011 (Regular Meeting) Page 724 EXTRA FEATURES: Bank Features Paving Sprinkle Systems Boat Ramps and Docks Pools Tanks Elevators and Escalators Railroad Spurs Tennis Courts Fences Refrigeration Coolers Weigh Scales Patios Silos Yard Lights ALL FIELDS MUST BE ENTERED CODE: You may place an appropriate code in this field and the computer will automatically fill in the description, size adjustment table and depreciation. See chapter 11 of this manual for OBXF codes. GRADE You may place an appropriate grade in this field and the computer will automatically fill in the unit price. See chapter 11 of this manual for OBXF pricing grades. DESCRIPTION: Use an alpha- numeric entry, maximum of 10 characters, to describe the extra features. If your county is set up to use the table feature, it will be necessary for you to use special codes in this field. (See County Specification sheet, chapter 11, for this option.) DO NOT FILL OUT IF "CODE" IS ENTERED. LENGTH: If available, this data should be filled in. WIDTH: If available, this data should be filled in. OB /XF UNITS: The total units by which the extra feature is valued must be entered here. If the length and width dimensions are entered this field must be left blank if you wish the system to calculate the number of units. If length and width are entered in addition to the total number of units, the system will not calculate the total number of units but will use the total number of units that have been entered. This field may ONLY be left blank when length and width are entered. OB /xF UNIT PRICE: The per unit price by which the Other Building or Extra Feature is valued will be entered here from the tables in the Appendix by the computer when the CODE is given, otherwise you must fill out completely. % COND: Percent Condition. Enter the percent condition of the extra feature when it was picked up on the form. When the total of the annual depreciation is multiplied by the original percent condition it yields the net percent good which is multiplied times the replacement cost to give the depreciated replacement cost. YR.BLT: Year Built, Actual, Effective. For Actual year built, enter the year the item was initially recorded. Effective year built indicates the year from which depreciation will be based. %DEP OVR A depreciation rate entered here will override the standard rate used for the OBXF Code. DEP.RATE: An ANNUAL depreciation rate for each extra feature and special building will be entered based on the CODE. If there is no code you must enter depreciation rate per year and it cannot exceed 99.00% per year and should be zero filled if no other entry is called for. OVR VALUE Override Value, instead of using the pricing schedules you may place a value on the OB /XF by entering the desired price in the OB /XF OVR VALUE field. TRl Use this field to define how this value will be counted on the TRl Report. STRUCTURAL ELEMENTS This section covers the structural characteristics which you are to record. Because the data applicable to commercial and industrial buildings is not