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Ir -1 <br />800K 96 P P <br />�G <br />The Board reviewed a Memorandum of September 29, 1995: <br />DATE: SEPTEMBER 29, 1995 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR <br />FROM: TERRANCE G. PINTO <br />DIRECTOR OF UTILI SERVICES <br />PREPARED JAMES D. CHASTAIN <br />AND STAFFED MANAGER OF ASSES T PROJECTS <br />BY: DEPARTMENT OF UTILITY SERVICES <br />SUBJECT: PETITION WATER SERVICE IN MIRAFLORES UNIT TWO <br />SUBDIVISION (34TH COURT, SW) <br />INDIAN RIVER COUNTY PROJECT NO. OW -95 -09 -DS <br />WIP NO. 473-000-169-268.00 <br />RESOLUTION III - PUBLIC HEARING - <br />BACKGROUND <br />On September 19, 1995, the Indian River County Board of County <br />Commissioners approved Resolution I (95-124) and Resolution II (95- <br />125). Resolution I contained the preliminary assessment roll <br />describing the project and cost. Resolution II set the date of the <br />public hearing for the subject project. Property owners have been <br />notified of the public hearing by certified mail. Resolution I <br />(95-124) was published in the Vero Beach PRESS JOURNAL on September <br />25, 1995. (See attached agenda item and minutes of the above <br />meeting.) <br />ANALYSIS <br />Design of the water distribution system is complete. An <br />informational meeting was held with the property owners on <br />September 27, 1995. The project will serve 16 platted lots. <br />Approval of the attached Resolution III will confirm and approve <br />the preliminary assessment. <br />The attached map displays the area to benefit from the assessment <br />project. The total estimated cost to be assessed is $38,022.08. <br />The projected cost per square foot is $0.1091083. This project is <br />to be paid through the assessment of property owners along the <br />proposed water line route. In the interim, financing will be <br />through the use of impact fee funds. <br />RECOMMENDATION <br />The staff of the Department of Utility Services recommends that the <br />Board of County Commissioners approve Resolution III, which affirms <br />the preliminary assessment on the subject project. <br />Dan Chastain, Manager of Assessment Projects, explained that <br />there are 16 1/2 -acre lots being assessed. An estimated assessment <br />has been mailed and an informational meeting was held. The total <br />assessment is $38,022.08, or .109083 per square foot. Interim <br />financing will be paid from impact fees and reimbursed through the <br />assessments. ,• <br />OCTOBER 109 1995 10 <br />