City Council Resolution 1982-48RESOLUTION 1982 #48
RESOLUTION TO ESTABLISH THE VALUATIOPd OF A BUILDING
WHEREAS, THE CITY OF MONTICELLO wishes to establish a uniform meth-
od of determining valuations of buildings to be used for determin-
ing the cost of a building permit, and;
WHEREAS, the Minnesota Department of Administration, Building Code
Division makes available a chart for determining the valuation per
square foot for various types of buildings for which building per-
mits might be taken, and;
WHEREAS, this per square foot valuation can be equally applied to
buildings of similar nature to determine an equal and fair valua-
tion of a building;
THEREFORE, BE IT RESOLVED that the following attached schedule of
valuation per square foot be used in determining the value of a
Building and that total valuation figure be used to determine the
value of a building permit by using the Building Permit fee
schedule adopted by this City Council of Monticello, Minnesota,
effective September 1, 1981.
Adopted this 28th day of June, 1982.
~~ ~~
Arve A. Grimsmo, Mayor
ATTEST:
Thomas A. Eidem
City Administrator
2.
3.
4.
5.
6.
VALUATION DATA
(Cost per square foot for determining
building valuation)
May 1982 1982
Cost per
upancy and Type Square Foot
APARTMENT HOUSES:
Type I or II F.R.
Type V--Masonry (or Type III)
Type V--Wood Frame
Type I--Basement Garage
BANKS:
Type I or I I F . R.
Type III--1 Hour
Type III--N
Type V--1 Hour
Type V--N
CHURCHES:
Type I or II F.R.
Type III-1 Hour
Type III-N
Type V--1 Hour
Type V-N
CONVALESCENT HOSPITALS:
Type I or II F.R.
Type III-1 Hour
Type V--1 Hour
DWELLINGS:
Type V--Masonry
Type V--Wood Frame
Basements--
Finished
Unfinished
HOSPITALS:
Type I or II F.R.
Type III--1 Hour
Type V--1 Hour
$ 45.14.
33.84
29.83
19.62
75.33
61.42
59.75
54.47
52.45
50.34
39.86
37.84
35.38
33.79
68.73
56.32
48.66
34.41
31.24
7.92
6.25
84.74
75.50
69.26
8.
9.
10.
11.
.uation Data
re #2
HOTELS AND MOTELS:
Type I or II F.R.
Type III-1 Hour
Type V-- 1 Hour
Type III--N
Type V--N
INDUSTRIAL PLANTS:
Type I or II F.R.
Type II--1 Hour
Type II--(Stock)
Type III--1 Hour
Type III--N
Tilt-up
Type V--1 Hour
Type V--N
MEDICAL OFFICES:
Type I or II F.R.
Type III-1 Hour
Type III--N
Type V--1 Hour
Type V-N
OFFICES:
Type I or II F.R.
Type II--l Hour
Type III--N
Type V--1 Hour
Type V--N
PRIVATE GARAGES:
Wood Frame
Masonry
Open Carports
50.86
46.65
39.34
41.89
37.66
30.98
19.71
18.04
24.99
20.42
14.96
19.71
18.04
63.89
51.22
48.84
46.99
45.41
56.85
41.10
39.34
34.94
32.47
10.30
13.55
5.46
13.
14.
15.
16.
17.
~tion Data
#3
PUBLIC GARAGES:
Type I or II F.R.
Type II--N
Type III--1 Hour
Type III--N
Type V--1 Hour
RESTAURANTS:
Type III--1 Hour
Type III--N
Type V--1 Hour
Type V--N
STORES:
Type 1 or II F.R.
Type III--1 Hour
Type III--N
Type V--1 Hour
Type V--N
SCHOOLS:
Type I or II F.R.
Type III--1 Hour
Type III--N
Type V--1 Hour
SERVICE STATIONS:
Type II--N
Type III--1 Hour
Type V--1 Hour
Canopies
THEATERS:
Type I or II F.R.
Type III--1 Hour
Type III--N
Type V--1 Hour
Type V--N
25.52
16.72
20.24
16.72
16.54
51.83
47.78
44.88
41.89
41.10
31.94
30.27
27.90
25.96
63.89
44.88
42.86
40.22
38.72
42.15
26.66
13.38
58.26
43.91
41.10
38.81
36.87
ation Data
#4
WAREHOUSES:
Type I or II F.R.
Type II or V--1 Hour
Type II or V--N
Type III--l Hour
Type III--N
E UIPMENT:
AIR CONDITIONING:
Commercial
Residential
SPRINKLER SYSTEMS:
26.58
17.42
14.96
19.36
16.98
2.46
2.11
1.14