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DATE: FEBRUARY 7, 1992 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR <br />FROM: TERRANCE G. PINTO <br />DIRECTOR OF UTILITY SERVICES <br />STAFFED AND <br />PREPARED BY: JAMES D. CHASTAI� <br />MANAGER OF ASSES PROJECTS <br />DEPARTMENT OF UTUPVY SERVICES <br />SUBJECT: EIGHTH STREET WATER MAIN EXTENSION <br />FINAL ASSESSMENT ROLL AND RESOLUTION NO. IV <br />INDIAN RIVER COUNTY PROJECT NO. UW -88 -14 -DS <br />BACKGROUND: <br />At the Public Hearing held on January 8, 1991, for the preliminary <br />assessment roll for the above -referenced project, the Board of <br />County Commissioners approved the following third resolutions: No. <br />91-3 for 25th Avenue North, No. 91-4 for 23rd Avenue North, No. 91-5 <br />for 26th Avenue North, and No. 91-6 for 26th Avenue South. <br />Final certification has been submitted to the Department of <br />Environmental Regulation. We are now requesting the Board of County <br />Commissioners' approval of the final assessment roll (see attached <br />minutes and resolutions). <br />ANALYSIS: <br />The final assessment and resolutions are as follow: <br />Resolution <br />25th Ave. N. <br />23rd Ave. N. <br />26th Ave. N. <br />26th Ave. S. <br />Assessment <br />$18,035.75 <br />19,579.00 <br />28,019.96 <br />25.718.28 <br />$91,352.99 <br />Cost per Square Foot <br />$0.052146(33906) <br />0.051782(46024) <br />0.055072(94915) <br />0.096632(95058) <br />The final assessments are approximately 42% lower than the <br />preliminary assessments, partially as a result of the 8th Street <br />main transmission water line being deleted from the final <br />assessment. The main transmission line is a part of the <br />Indian River County water system master plan. Also, at the time of <br />the bidding for this project, economic conditions were favorable. <br />RECOMMENDATION: <br />The staff of the Department of Utility Services recommends that the <br />Board of County Commissioners approve the adoption of the fourth <br />resolution for each of the above assessments for the final <br />assessment roll. <br />51 <br />� BOOK ) � F;���r. <br />FEB 8 199 <br />A <br />