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BOOK 96 PAGE 535 ALTERNATIVES AND ANALYSIS Vero Tropical Gardens, platted inJ1952, is without adequate road access to most lots for emergen(ty vehicles, 'a proper drainage system, and quality drinking water, or fire protection. The subdivision is located between 26th Street (Walker Avenue), 20th Street (State Road 60), 98th Avenue, and along the east side of 94th Avenue, backing against the west side of I-95. There are seven properties consisting of 20 lots (and/or portions of) in a small portion of Paradise Park, Unit 3, located east of Vero Tropical Gardens. The development(s) include 471 platted lots (and/or portions of) and four non -platted parcels, which may benefit from the proposed improvements. Of the 15 existing homes, 7 of the owners contacted have expressed support for such improvements. The owners of 49 vacant lots have local addresses. Owners Lots 114 114 31 (of these 3 own 170 lots 361 Total 145 475 Typical lots sizes are .16 to .21 acre; therefore, lots in the project are substandard or "undersized," according to Indian River County's Comprehensive Plan and the County Public Health Unit, Division of Environmental Health, which require that new lots utilizing well and septic systems be a minimum of one-half acre. Lots not meeting these minimum standards are called "undersized lots." The attached map,displays the area to benefit from the assessment projects'. The projects are to be paid through the assessment of property owners along the proposed water line routeand fronting roads to be paved. In the interim, financing will be through the use of impact fee funds for the water project and by the petition paving account for the road paving and drainage improvements. Engineering design services for the water project will be completed by the Department of Utility Services staff. Engineering design for paving and drainage improvements will be performed by private consultant or County staff. The total estimated project cost and amount to be assessed for the water system.is $618,360.42. The total estimated cost per square foot is $0.1563987 for water line installation. The estimated cost for paving and drainage improvements is $1,502,423.00 or $0.38 per square foot. Separate resolutions are attached for each project. RECOMMENDATIONS AND FUNDING The staffs of the Department of Utility Services and Public Works Department recommend that the Board of County Commissioners approve the attached Resolutions III (one for the water project and one for the paving and drainage project), which affirms the preliminary assessment for both projects. _ Public Works Director Jim Davis reviewed the proposal for the Board and advised that Manager of Assessment Projects Dan Chastain and he had met with -the property owners who expressed their concerns regarding.:the road paving assessment and the wetlands. The owners felt that it would be necessary to extend the assessment NOVEMBER 7, 1995 22