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DEPARTMENTAL INDIAN RIVER COUNTY, FLORIDA MEMORANDUM �a T NMW TO: Joseph A. Baird, County Administrator FROM: Christopher R. Mora, P.E., Public Works Director SUBJECT: Vero Lake Estates Roadway Improvements DATE: November 6, 2013 DESCRIPTION AND CONDITIONS Vero Lake Estates is a 2,410 acre residential subdivision in north, unincorporated Indian River County near the southeast corner of 1-95 and C.R.512. Vero Lake Estates(VLE)subdivision was platted between 1956 and 1960,and consists of 3,868 residential lots,on which 2,020 homes have been constructed(@ 52%build-out). Lot sizes range from %acre to 1 acre. VLE residents'transportation needs are served by a street grid of 71.2 miles of local roadways,of which 9.3 miles(13%)are paved. The remaining 61.9 miles of unpaved/dirt roads are maintained and leveled by County motor graders as needed to maintain stable driving surfaces and proper drainage. In 1984, County Commissioners passed an ordinance creating the Vero Lake Estates Area Municipal Service Benefit Unit (MSBU). The purpose of the MSBU is to fund VLE drainage and transportation improvements. VLE residents currently pay$19 per parcel-acre annually in MSBU assessments. Between 1998 and 2005,a large storm water project known as the"VERO LAKE ESTATES STORMWATER RETROFITTING PROJECT-PHASE I"was designed and built by the County to improve drainage and storm water treatment in VLE.The$1.6 million project was funded by VLE MSBU funds,as well as$690,000 in Federal, State and Local grants. Recently, VLE residents have expressed an interest in fast-tracking VLE roadway improvements by utilizing MSBU funds. More specifically, residents desire to pave and/or install asphalt millings on as many VLE roads as possible. ANALYSIS An advisory panel of seven VLE residents was formed, as specified in the MSBU provisions of the 1984 ordinance, and the group met openly and publicly at VLE neighborhood meetings with other VLE residents on several occasions. Numerous projects and details were discussed, including paving of roadways,application of asphalt millings,road closings,new roadway connections,culvert installations, project costs, project timing,traffic congestion, additional 4-way STOP signs, etc. Also discussed was the option of increasing the MSBU assessment charged to residents. This was considered as a means of generating additional revenue which could subsequently be used to speed up planned road improvements. No consensus was reached on this issue. F:\Public WorksTuanne M\Agenda Items\Vero Lake Estates Road Improvements BCC 2013-11-19.doc 141