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ARE 5.0 - PA UPDATED Exam Questions and CORRECT Answers

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ARE 5.0 - PA UPDATED Exam Questions and CORRECT Answers General obligation bond - CORRECT ANSWER - Funds public projets/no revenue/voter approval req/repaid via propert taxes Ex. School Public enterprise revenue bond - CORRECT ANSWER - Funds public project/yes revenue/re aid via revenu

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ARE 5.0 - PA UPDATED Exam Questions
and CORRECT Answers
General obligation bond - CORRECT ANSWER - Funds public projets/no revenue/voter
approval req/repaid via propert taxes


Ex. School


Public enterprise revenue bond - CORRECT ANSWER - Funds public project/yes revenue/re
aid via revenue.


Ex. Airport


Tax Increment Financing - CORRECT ANSWER - Funds improvements to encourage private
development/no vote/increase taxes in long run because property value increase


Development impact fees - CORRECT ANSWER - Funds improvements for off-site
infrastructure/charged to developer/controversial


Neighborhood center - CORRECT ANSWER - Everyday needs
Grocery store as anchor
Avg 40,000


Community center - CORRECT ANSWER - Variety stores
Small services and specialty
Large supermarket
Avg 150,000


Regional center - CORRECT ANSWER - Big box stores

, Malls
Avg 400,000 sf


Gravel - CORRECT ANSWER - Excellent for construction drainage and sewage



Silt - CORRECT ANSWER - Very porous
Unstable when wet
Swells and heaves when frozen


Clay - CORRECT ANSWER - Very porous
Poor for foundation
Poor for landscaping
Unsuitable for sewage


Peat - CORRECT ANSWER - Excellent for landscaping
Unsuitable for foundations
Usually need to be removed


Bioswale - CORRECT ANSWER - Grassy sloped ditch that filters storm runoff
Recharges groundwater


Infiltration Basin - CORRECT ANSWER - Pond temporarily collects water and retains until it
seeps into ground
Recharges groundwater


Floor area - CORRECT ANSWER - Determined by: occupancy group and construction type
Increased if: autosprinkler installed or distance between building and adjacent building is
increased

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