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Agreement for Payment of Costs of MSBUs <br />January 14, 2015 <br />Page 2 <br />In order to formally establish the MSBU, the Board will need to hold two public hearings. On January <br />20, 2015, we will ask the Board to conduct a public hearing for adoption of a resolution stating that <br />the three MSBUs are necessary and that the Board intends to use the uniform method of collecting <br />the non ad valorem assessments. If the resolution is approved, staff will send a letter to each <br />property owner in the proposed MSBU, advising them of a public hearing and providing them with a <br />copy of the proposed ordinance establishing the MSBU. The public hearing on the ordinance will be <br />held in March or April, 2015. <br />Funding Funding for this proposed MSBU has not yet been established. Should the Board approve <br />the ordinance creating the MSBU, a budget amendment will be necessary. Costs for the two public <br />hearings include mailing notice to owners of $839.00, 5 advertisements for approximately $5,100.00 <br />and reimbursement of costs to the Property Appraiser and Tax Collector of approximately $900.00, <br />will be paid from 00110214-033190 (General Fund / County Attorney / Other Professional). <br />Recommendation Staff recommends approval of the attached agreement and authorization to <br />proceed with the required public hearings. <br />David C. Nolte, County Property Appraiser <br />Carole Jean Jordan, County Tax Collector <br />Jason Brown, Director, Office of Management and Budget <br />Chris Mora, Public Works Director <br />108 <br />