Jane Crocker, F.K.A. Jane C. Jacobs, et al. - Page 41

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          and construction style, the Redwood City Fox.  The materials and            
          construction methods would match the existing materials and                 
          methods, except where new materials could mimic the existing                
          materials at a lower cost.  Historical features were replaced               
          with new equivalents, not replicated.  The artwork (mainly                  
          painted murals) was not replaced.  No allowance was made in the             
          Adamson report for the historical value of any item in the                  
          Redwood City Fox, nor was allowance made for depreciation of the            
          property.  In summary, the replacement building estimated in the            
          Adamson report would be completely new, with finishes and                   
          fixtures of similar style and character to the existing property,           
          would be functionally identical to the existing Redwood City Fox,           
          but would have no historical value.                                         
               The Adamson estimate was based on the total direct                     
          construction costs of 16 components: (1) Foundations; (2)                   
          vertical structural members; (3) floors and roofs; (4) exterior             
          cladding; (5) roofing and waterproofing; (6) interior partitions;           
          (7) floor, wall and ceiling finishes; (8) building                          
          function/specialties and equipment;22 (9) vertical                          
          transportation; (10) plumbing; (11) heating, ventilating, and air           
          conditioning; (12) electrical; (13) fire protection; (14) site              
          preparation; (15) site development; and (16) utilities.  Added to           

               22 Under the component “8. Specialties and Equipment” for              
          the theater, a quantity of 760 seats at a cost of $350.00 per               
          seat was used to calculate the cost of seating.                             





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