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WATER SERVICE IN KINGS HIGHWAY SUBDIVISION AND REPLAT OF BLOCKS 1 2, 3, AND 4, 39TH AND 40TH STREETS EAST OF KINGS HIGHWAY AND 56TH AVENUE - RESOLUTION IV AND FINAL ASSESSMENT The Board reviewed memo from Utility Services Director Terry Pinto dated December 3, 1992: DATE: December 3, 1992 TO: JAMES E. CHANDLER COUNTY ADMINISTRATOR FROM: TERRANCE G. PINTO DIRECTOR OF UTI VICES PREPARED JAMES D. CHAS AND STAFFED MANAGER OF AS PROJECTS BY: DEPARTMENT OF UTILITY SERVICES SUBJECT: WATER SERVICE IN KINGS HIGHWAY S/D AND REPLAT OF BLOCKS 1, 21 3, AND 4, 39TH AND 40TH STREETS EAST OF KINGS HIGHWAY AND 56TH AVENUE INDIAN RIVER COUNTY PROJECT NO. UW -92 -13 -DS RESOLUTION IV FINAL ASSESSMENT ROLL BACKGROUND On May 19, 1992, the Indian River County Board of County Commissioners approved Resolution III, No. 92-78 for the preliminary assessment roll on the above -referenced project. The construction of the project has been completed. We are now ready to begin customer connections and request the Board of County Commissioners' approval of the final assessment roll (see attached minutes and Resolution III). ANALYSIS The preliminary assessment was for a total estimated project cost of $48,729.00, which equated to $0.07247489057 per square foot of property owned. The final assessment (see attached Resolution IV and the accompanying assessment roll) is in the amount of $41,596.14, which equates to a cost of $0.061866 per square foot of property. RECOM DATION The staff of the Department of Utility Services recommends that the Board of County Commissioners approve the adoption of Resolution IV. ON MOTION by Commissioner Macht, SECONDED by Commissioner Tippin, the Board unanimously adopted Resolution 92-227, certifying "as -built" costs for installation of a waterline extension in Kings Highway Subdivision, as recommended by staff. RESOLUTION 92-227, WITH ASSESSMENT ROLL ATTACHED IS ON FILE IN THE OFFICE OF CLERK TO THE BOARD 41 ®EC 1992 eooK F',:r307