Laserfiche WebLink
➢ Labor Contract Work Authorization —February 2018 <br />➢ Substantial Completion of Construction —April 2018 <br />➢ Final Completion of Construction —May 2018 <br />➢ Final As -Built Resolution (Resolution IV) to BCC—June 2018 <br />The construction portion of the project will be the installation of approximately 600 linear feet of 6 -inch PVC <br />water main with water services to each parcel. The proposed 6 -inch water main will connect to the existing <br />12 -inch main on S. 89th Street to the north and terminate at 88th Street to the south (Attachment 1- Map of <br />Assessment Area). The total project cost is estimated at $46,800.00, which includes construction, surveying, <br />engineering, administration and inspection. Therefore, an equal per parcel cost of $5,200.00 will be levied <br />against all 9 benefitting parcels once Resolution No. III is adopted. Estimated monthly expenses for the water <br />assessment are presented on Attachment 2. <br />When construction of the new water main is complete and it has been cleared for service by the Florida <br />Department of Environmental Protection (FDEP), and prior to Resolution IV, it is staff's recommendation to <br />allow owners to connect to the water system should they choose to do so. Financing options associated with <br />assessment charges will only become applicable after Resolution IV is adopted. <br />FUNDING - <br />Funds forthis project are derived from the Assessment Fund. Assessment Fund revenues are generated from <br />connection fees paid by the benefitting property owners. <br />DESCRIPTION <br />ACCOUNT NUMBER <br />AMOUNT <br />Vero Lake Estates Sub -Unit H-3 <br />473-169000-17512 <br />$ 46,800.00 <br />Petition Water Assessment <br />RECOMMENDATION <br />Open the public hearing and after receiving input, consider adopting Resolution No. III with any revisions <br />based on that public input. <br />Staff recommends that the BCC consider the following options: <br />1) Adopt Resolution No. III with the following items: <br />a. Cost per parcel of $5,200.00; <br />b. Nine (9) benefitting parcels as part of the special assessment lien; <br />c. For benefitting parcels above in point b, allow property owners to finance the capital cost of <br />$5,200.00 for upto 10years, payable in ten equal yearly installments at an annual interest <br />rate of 5.00% (set by the BCC each January); and, <br />2) Allow property owners to connect once the new water main has been placed into service prior to <br />Resolution IV. <br />LIST OF ATTACHMENTS: <br />1. Map of Assessment Area <br />2. Estimated Monthly Expenses for Water Assessment <br />3. Confirming Resolution (Resolution No. III) <br />4. Assessment Roll (Exhibit "A" to Resolution No. III) <br />165 <br />C:\Users\legistar\AppData\Local\Temp\BCL Technologies\easyPDF 8\@BCL@A40D6CBF\@BCL@A40D6CBF.docx <br />