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ALTERNATIVES AND ANALYSIS <br />There are five parcels lying outside the incorporated town as <br />follows: <br />Note- If Alternative No. 4 is approved, the County cost of the <br />project is projected at: <br />County Park Property $3806.25 <br />absorbed cost per unit above <br />$100 max.cap. -. 1900.00 <br />Total Cost to County $5706.25 <br />Public Works Director Jim Davis explained the funding <br />alternatives and reported that staff has recommended that <br />the Board approve Alternative #4, i.e., assessing all the <br />lots at $100. They would like to schedule a public hearing <br />as soon as possible to finalize the assessment procedure. <br />If the $100 per unit assessment is approved, the cost to the <br />County would be $5,706.25, which includes the County's share <br />for the County park and also the cost absorbed above -and <br />beyond the $100 maximum cap. The staff prefers this <br />assessment method.simply because of the ease of assessing <br />the units. <br />35 <br />L__ __ DAN 4. 1984 55 <br />J <br />Parcels # of <br />Lineal Square Ft. Gross Net <br />Units <br />Frontage Construction Assessment Assessment <br />Abutting x $1.75 per Unit <br />_. <br />Frontage <br />1. <br />Vera Cruz 56 <br />340' 2040 $3,570.00 $ 63.75 <br />2. <br />Harbor Isl.Club 40 <br />346' 2171 $3,799.25 $ 94.98 <br />3. <br />Pebble Bay Est. 52 <br />638.19' 4370.64 $7,648.62 $ 147.09 <br />4. <br />County Park None <br />362.5' 2175 $3806.25 $3,806.25 <br />5. <br />Miles Austin 48 <br />Forman <br />624.76' 3748.56 $6559.98 $ 192.94 <br />Alternatives <br />It is requested that <br />the Board approve the widening of A -1-A in <br />the unincorporated areas <br />and funding alternatives are as follows: <br />1) County fund 100% <br />cost $25,384.10 unincorporated area and enclave. <br />2) Create special assessment <br />to each property owner not to exceed <br />$100 per unit as <br />adopted by Indian River Shores -Resolution #233. <br />3) Assess each of the <br />five parcels on front foot basis. <br />4) Assess each existing <br />unit and undeveloped land (based on <br />potential Land Use <br />Plan Units) at a cost of $100 per unit. <br />RECOMMENDATION <br />It is requested that Alternative No. 4 -be approved, and authorize <br />County Attorney and <br />Public Works Staff to schedule and prepare <br />a Public Hearing on <br />the Special'A_ssessment Program as soon as <br />possible. <br />Note- If Alternative No. 4 is approved, the County cost of the <br />project is projected at: <br />County Park Property $3806.25 <br />absorbed cost per unit above <br />$100 max.cap. -. 1900.00 <br />Total Cost to County $5706.25 <br />Public Works Director Jim Davis explained the funding <br />alternatives and reported that staff has recommended that <br />the Board approve Alternative #4, i.e., assessing all the <br />lots at $100. They would like to schedule a public hearing <br />as soon as possible to finalize the assessment procedure. <br />If the $100 per unit assessment is approved, the cost to the <br />County would be $5,706.25, which includes the County's share <br />for the County park and also the cost absorbed above -and <br />beyond the $100 maximum cap. The staff prefers this <br />assessment method.simply because of the ease of assessing <br />the units. <br />35 <br />L__ __ DAN 4. 1984 55 <br />J <br />