| 1 | Representative(s) Robaina offered the following: |
| 2 |
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| 3 | Amendment to Amendment (749169) (with schedule, ballot, and |
| 4 | title amendments) |
| 5 | Remove line(s) 187-198 and insert: |
| 6 | (g) Marinas, drystacks, boatyards, boat ramps, and similar |
| 7 | facilities classified as recreational and commercial working |
| 8 | waterfronts pursuant to general law and open to the public on a |
| 9 | first-come, first-served basis shall be classified by general |
| 10 | law and assessed solely on the basis of an income approach to |
| 11 | value and using a capitalization rate of no less than ten |
| 12 | percent (10%). Water-dependent marine manufacturers, commercial |
| 13 | fishing facilities, and marine repair facilities shall be |
| 14 | assessed based upon the actual use of the property and not the |
| 15 | highest and best use of the property. |
| 16 |
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| 17 | ----------------------------------------------------- |
| 18 | S C H E D U L E A M E N D M E N T |
| 19 | Remove line(s) 494 and 495 and insert: |
| 20 | assessing rent-restricted affordable housing pursuant to general |
| 21 | law, providing for classifying and assessing certain facilities |
| 22 | classified as recreational and commercial working waterfronts on |
| 23 | an income basis with a specified capitalization rate, providing |
| 24 | for assessing certain marine facilities based upon actual use, |
| 25 | and |
| 26 |
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| 27 | ----------------------------------------------------- |
| 28 | B A L L O T A M E N D M E N T |
| 29 | Remove line(s) 568-571 and insert: |
| 30 | (5) Requires classifying and assessing marinas, drystacks, |
| 31 | boatyards, boat ramps, and similar facilities classified as |
| 32 | recreational and commercial working waterfronts and open to the |
| 33 | public on a first-come, first-served basis solely on the basis |
| 34 | of an income approach to value and using a capitalization rate |
| 35 | of no less than 10 percent. Requires assessing water-dependent |
| 36 | marine manufacturers, commercial fishing facilities, and marine |
| 37 | repair facilities based upon actual use of the property and not |
| 38 | the highest and best use of the property. |
| 39 |
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| 40 |
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| 41 | ----------------------------------------------------- |
| 42 | T I T L E A M E N D M E N T |
| 43 | Remove line(s) 617 and 618 and insert: |
| 44 | affordable housing property by general law, to require |
| 45 | classification and assessment of certain working waterfront |
| 46 | property on an income basis and require certain marine property |
| 47 | to be assessed on a basis of actual use, to create a limitation |