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UTIL (NAGPH34.JDC) <br />t INDIAN RIVER COUNTY, FLORIDA <br />AGENDA ITEM <br />DATE: JULY 13, 1994 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR <br />FROM: TERRANCE G. PINTO <br />DIRECTOR OF UTILITY ERVICES <br />PREPARED JAMES D. CHASTN <br />AND STAFFED MANAGER OF ASS NT PROJECTS <br />BY: DEPARTMENT OF UTILITY SERVICES <br />SUBJECT: WATER MAIN EXTENSION GROWTH PLAN - PHASE III <br />RESOLUTION IV - FINAL ASSESSMENT ROLL <br />WATER SERVICE ASSESSMENT PROJECT <br />INDIAN RIVER COUNTY PROJECT NO. UW -91 -15 -DS <br />BACKGROUND <br />On June '22, 1993, the Board of County Commissioners approved <br />Resolution III, No. 93-108A, for the preliminary assessment roll on <br />the above -referenced project. Construction of the project has been <br />completed. Customer connections have begun, and we request the <br />Board of County Commissioners, approval of the final assessment <br />roll. (See attached minutes and Resolution IV.) <br />ANALYSIS <br />At the June 22, 1993 public hearing, the total original estimated <br />project cost of $2,166,044.27 was approved by the Board of County <br />Commissioners, subject to removal of 100 properties from the <br />project, with no change in the $0.118489 cost per square foot to the <br />assessed property owners. The assessment was reduced to <br />$1,137,257.27 after removal of the properties in the Cherry Lane and <br />non -urban service areas. Nine (9) property owners requesting <br />service outside the urban service area have signed voluntary <br />assessment agreements. They have been added to the final <br />assessment. This additional 743,416 square feet increases the total <br />square footage in the assessment to 10,254,326 square feet. The <br />final assessment of $1,178,762.22 equates to a cost of $0.114953 per <br />square foot of property. This is less than the preliminary <br />assessment. The non -assessed cost of $45,047.88, together with the <br />assessed cost, equals the total project cost of $1,223,810.10. <br />The -staff of the Department of Utility Services recommends that the <br />Board of County Commissioners approve the adoption of Resolution IV. <br />JDC:nr <br />Attachments <br />APPROVED FOR AGENDA: <br />BY <br />JAMES E. CHANDLER <br />County Administrator <br />FOR <br />