Fee - Office Mitigation

OFFICE MITIGATION FEE 

Base CPI-W *: Oct. 1984:

      102.40

Base Fee - first 15,000 sq.ft.:  Oct. 1984:

 $       2.25

Base Fee - in excess of 15,000 sq.ft.:  Oct. 1984:

 $       5.00

Aug - 2012

CPI-W*:

           230.229

Fee - first 15,000 sq.ft.:

 $       5.06  
 

 per square foot 

Fee - in excess of 15,000 sq.ft.:

 $     11.24  
 

 per square foot 

* using CPI-W = Urban Wage Earners & Clerical Workers

NOTE:  Fee is updated monthly based upon the most current available Consumer Price Index (CPI) figure.  The Aug figures are in effect until mid-October.

Fee is pursuant to Santa Monica Municipal Code Section 9.04.10.12 et seq.  

See http://www.codemanage.com/santamonica/index.php?topic=9-9_04-9_04_10-9_04_10_12