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Bou 96 mi,JE 298 <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: TERRANCEG. PI <br />MANAGER OF AS S NT PROJECTS <br />DEPARTMENT OF ILITY SERVICES <br />PREPARED JAMES D. CHAST <br />'---- <br />AND STAFFED MANAGER OF ASS ENT PROJECTS <br />BY: DEPARTMENT OF UT LITY SERVICES <br />SUBJECT: PETITION WATER SERVICE IN VERO GLEN SUBDIVISION <br />(32ND COURTv SW - SOUTH OF -IST STREET, SW) <br />INDIAN RIVER COUNTY PROJECT NO. UW -95 -10 -DO <br />WIP NO. 473-000-169-269.00 <br />RESOLUTION III - PUBLIC HEARING <br />BACKGROUND <br />On September 19, 1995, the Indian River County Board of County <br />Commissioners approved Resolution I (95-122) and Resolution II (95- <br />123). 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 />(95-122) 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 for the benefit of the property <br />owners on September 26, 1995. The total estimated cost to be <br />assessed is $38,371.31. The cost per square foot is $0.12545096. <br />Approval of the attached Resolution III will confirm and approve <br />the preliminary assessment. The attached map displays the area to <br />benefit from the assessment project. This project is to be paid <br />through the assessment of property owners along the proposed water <br />line route. In the interim, financing will be through the use of <br />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 the <br />project encompasses 16 lots with only 15 being assessed as one has <br />previously paid fees. The total project cost is $38,371.31, or <br />.125450960 per square foot. <br />OCTOBER 10, 1995 14 <br />