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AUG 1 Bou 4 � u GF -7 <br />5 981 <br />THERE BEING ONLY TWO MEMBERS OF THE PUBLIC PRESENT, THE <br />BOARD OF COUNTY COMMISSIONERS CONTINUED WITH OTHER COMMISSION BUSINESS, <br />WHICH IS REPORTED IN THE MINUTES OF THE REGULAR AUGUST 5TH MEETING, <br />IN ORDER TO ALLOW THE PUBLIC ADDITIONAL TIME TO ARRIVE. <br />AT APPROXIMATELY 8:20 O'CLOCK P.M. THE CHAIRMAN ANNOUNCED <br />THAT THE BOARD WOULD COMMENCE THE PUBLIC HEARING TO CONSIDER CREATING <br />THE GIFFORD AREA MUNICIPAL SERVICE TAXING UNIT AS ADVERTISED FOR <br />7:30 P.M., A GOODLY NUMBER OF MEMBERS OF THE PUBLIC HAVING ARRIVED. <br />ATTORNEY HOULIHAN STATED THAT THE ADVERTISEMENT WAS IN ORDER. <br />THE HISTORY OF THE PUBLIC HEARING IS EXPLAINED IN EXERPT <br />FROM THE COUNTY ADMINISTRATORS MEMO OF JULY 8TH AS FOLLOWS: <br />The Administration has received verbal request from Mr. J. Blayne Jennings;, <br />on behalf of the Gifford community, requesting the Board to call for a public <br />hearing regarding the creation of a street lighting destrict for the Gifford <br />area. <br />Description and Conditions <br />The boundaries of the proposed district would be roughly 49th Street on <br />North, Kings Highway on the West, 40th Street and the Vero Beach City <br />limits on the South, and a line East of U.S. Highway # 1 to the East. <br />Mr. Jennings has received estimates on lighting requirements from Florida <br />Power and Light Company and the City of Vero Beach, each of which serves <br />a portion of the proposed district. The proposal from Florida Power & Light <br />calls for a total of one hundred and three lights at an estimated annual <br />cost of $5,617. The City of Vero Beach proposal calls for an additional <br />two hundred and eighty-nine lights at an annual cost of approximately $32,612. <br />The total three hundred and ninety-two lights proposed by the two electrical <br />systems would have an annual cost of approximately $38,229• <br />With estimated contingencies, appraisal and collection of fees, the Administration <br />estimates a gross budget requirement of $44,452. with a net tax levy of $42,229. <br />Based upon an estimated tax base within the district of $18,000,000., the <br />millage requirement would be 2.35 mills. It should be noted the $18,000,000. <br />tax base utilizes the $15,000. homestead exemption, and will change as the <br />$20,000. homestead exemption is implemented in 1981, and the $25,000. exemp- <br />tion is implemented in 1982. Additionally; final determination of the district <br />boundaries will affect the district tax base to some extent. <br />In the past, Indian River County „as.created street lighting districts <br />using the municipal service taxing unit vehicle. In that manner payment <br />for street lights is based upon a ad valorem tax levied against taxable <br />property within the unit. As an alternative to that approach, the Board <br />may wish to consider utilization of a front Toot assessment charge, on <br />an annual basis for street lighting, under the special assessment ordinance <br />which the Board will consider on August 5, 1981. <br />ATTORNEY J. BLAYNE JENNINGS EXPLAINED TO THOSE PRESENT <br />THAT BOTH FLORIDA POWER & LIGHT AND THE CITY OF VERO BEACH HAVE <br />FRANCHISES IN GIFFORD AND WOULD SERVE A PORTION OF THE PROPOSED <br />