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BOOK 93 f'A,E 878 <br />MOOR'S ST <br />MOORING'S REETLIGHT INSTALLATION <br />The Board reviewed a Memorandum of November 30, 1994: <br />TO: Members of the Board <br />of County Commissioners <br />DATE: November 30, 1994 <br />SUBJECT: MOORING'S STREETLIGHT INSTALLATION - AS SOON AS POSSIBLE <br />OFFICE OF MANAGEMENT AND BUDGET AGENDA ITEM <br />FROM: Joseph A. Baird <br />OMB Director <br />1 M: ICY i ► ►11 • ►11 YY � . <br />At a public hearing on April 5, 1994, the Board of County Commissioners established the Moorings <br />Streetlighting district. Since the district was established after January 1, 1994, it will appear on the <br />1995/96 tax bill not the 1994/95 fiscal year. The Mooring's have requested streetlights be installed <br />as early as possible. <br />Preliminary discussions suggest the City of Vero Beach could begin installing the streetlights as <br />early as January 1, 1995. Costs for the lights would be the same as outlined at the public hearing <br />if the lights were to be installed in January 1995. The county has no problem with this request; <br />however, it does have some logistical financial problems. <br />If the county were to proceed with authorizing the installation of the streetlights, they would have <br />to establish a mechanism to finance the streetlight until they are on the tax bill in the 1995/96 fiscal <br />year. The following needs to be done by staff and authorized by the Board of County <br />Commissioners in order to accomplish the request. <br />1. Give staff permission to contact the City of Vero Beach to begin installation <br />as soon as possible. <br />2. Give staff permission to enter into an intergovernmental steetlighting <br />agreement with the City of Vero Beach for the Moorings streetlighting <br />district. <br />3. Establish a Mooring's Streetlight fund. <br />4. A separate agent billing to be done by the Property Appraiser billing for <br />the partial 1994/95 fiscal year service after streetlight installation begins. <br />5. Allow inter -fund borrowing until assessment revenue is received. <br />Ye► <br />Staff recommends the Board of County Commissioners authorize the above mentioned items be <br />done in order to have the streetlights installed as soon as possible. <br />22 <br />DECEMBER 6, 1994 <br />