HomeMy WebLinkAbout3772_CCv0001.pdf RESOLUTION NO. 3772
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS
PROVIDING FOR DETERMINING VALUATION OF EXISTING SIGNS FOR
THE PURPOSE OF SECTION 84509 OF THE REDLANDS SIGN CODE
WHEREAS, Section 84509 of the Redlands Sign Code states that
a sign which was legally installed in compliance with the ordinance
in effect at the time of installation may be maintained in accor-
dance with a specified amortization schedule; and
WHEREAS, the value of a non-conforming sign shall be deter-
mined by the Director of Building and Safety; and
WHEREAS, it is necessary for the Director of Building and
Safety to evaluate non-conforming signs in an objective and
impartial manner; and
WHEREAS, the acceptance of actual costs as verified by
receipts or in absence of such receipts, the establishment of
predetermined average cost criteria would, for the purpose of
the Sign Code, provide a uniform basis for determining sign
valuation;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF REDLANDS does
hereby resolve that the Director of Building and Safety be directed
to utilize the following table to determine sign valuation for the
purpose of the amortization schedule in the Sign Code:
TYPE OF SIGN VALUE PER SQ. FT. OF SIGN
Painted Sign or
Letters on Existing Surfaces $ 5 . 00
Plywood Sign (single face) 10 . 00
Plywood Sign (double face) 15 .00
Individual Letters on Existing
Surface (all materials) 35. 00
Wood Type Monument Sign
Less than 8 ' High with
Decorative Base 45. 00
Manufactured Lighted Metal Signs
Single Face 50 . 00
Double Face Projecting 75 . 00
I
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TYPE OF SIGN VALUE PER SQ. FT. OF SIGN
Double Face on Standard or Poles
To 10 ' high $ 75 . 00
10 ' to 25 ' high 80 . 00
25 ' to 35 ' high 100. 00
35 ' to 50 ' high 125. 00
ADOPTED, SIGNED AND APPROVED this
Mayor of the City of Redlands
ATTEST:
Cit rk
APPROVED FOR FORM:
a ty Atto ney
Resolution No. 3772
Paste two
Resolution No . 3772
Comments on Sign Valuation and Proposed Resolution
Because a sign is a specialty item which is typically tailored for
the needs of a specific firm, a properly maintained sign does not
significantly depreciate in value fot its owner as it ages . In fact,
while possibly worthless as a resale item, the value of a sign could
theoretically appreciate for its owner because replacement costs
historically have increased with each passing year . Therefore, I
believe that it would be appropriate to base the value of a well
maintained sign upon its original cost as verified by receipts
furnished by the owner of the sign. In absence of such receipts,
an estimate should be made relating to average costs of sign instal-
lation.
It should be noted here that a sign in need of repair, paint, or other
maintenance shall either be removed or renovated before the City
approves the Certificate of Occupancy and before the issuances of a
business license.
For the purpose of providing a uniform means of establishing value of
an exiting sign, I recommend that the following resolution be considered.