Agenda - 12-03-2007-6b - Laserfiche WebLink

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Attachment 4 20 attorney, engineer, and doctor's offices. Additionally, non-residential uses would be capped at no more than 40% of the Highway 70 corridor outside of the "pre-designated commercial area." How will property adjacent to non-residential uses be protected? The requirement of the ECOD endeavor to minimise or eliminate impacts non-residential uses may have on adjacent properties. For example, non-residential uses will be required to provide vegetated buffers at the perimeter of the lot; along the Highway 70 corridor outside of the pre-designated commercial area, no more than 40% of the corridor will be permitted for non-residential uses; development standards for non-residential uses have been proposed which include: floor area ratio restrictions (floor area ratio is a ratio between the maximum building square footage and the size of the lot), restrictions on fencing and the use of chain link fencing, the number of ingress and egress points perntted with requirements that should eventually decrease the number of access points on Highway 70 through the use of service roads, restrictions on signage and parking, and a variety of architectural design standards for non-residential buildings that seek to enhance the built environment along the corridor. How will my property taxes be affected? The Board of County Commissioners sets the property tax rate each year as part of the County Budget adoption process. The amount a property owner pays for property tax is dependant on the appraised value of a parcel of properly and the improvements (i.e., building(s)) situated on the property. Property appraisals for tax purposes are completed by the Orange County Tax Assessor's office. The Tax Assessor's office has additional information regarding how property is valued on their website: http://www.co.orange.nc.us/assessor/index.asp