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Dylan Reingold, County Attorney William K DeBraal, Deputy County Attorney Susan J. Prado, Assistant County Attorney 1603 Public Hearings - B.C.C. 6.7.22 Office of INDIAN RIVER COUNTY MEMORANDUM TO: Board of County Commissioners FROM: Dylan Reingold, County Attorney DATE: June 1, 2022 ATTORNEY SUBJECT: Public Hearing to Consider a Resolution Electing to Use the Uniform Method for the Levy, Collection and Enforcement of Non -Ad Valorem Assessments for Street Paving in the Oslo Park Area - LEGISLATIVE BACKGROUND. On October 19, 2021, the Indian River County Board of County Commissioners ("Board") voted to direct the County Attorney and Public Works Director to initiate the process of creating a Municipal Service Benefit Unit ("MSBU") for the Oslo Park area to raise funds for future road paving projects, with a timeline that would allow final approval by March 2022. On February 15, 2022, the Board adopted Resolution 2022-11, electing to utilize the uniform method for the levy, collection, and enforcement of non -ad valorem assessments as set forth in section 197.3632, Florida Statutes for paving, and associated drainage improvements, in the Oslo Park area. Since then, the County sent letters to all of the owners and residents concerning the proposed MSBU and the public meeting being conducted by Commissioner O'Bryan on April 4, 2022 at the iG Center. In the letter the residents and owners were told that the assessment would be established on a per parcel basis, with the amount to be levied per parcel being $398.00 per year for 20 years. The total revenue collected from the assessment would be $3.75 million, which would be combined with a $1,250,000 from the County. Roughly 80 people attended the April 4, 2022 public meeting at the iG Center. At the meeting the concept was raised about moving up the timing of the improvements, instead of having periodic improvements similar to how improvements are handled in Vero Lake Estates. Thus, in preparation of this public hearing, County staff sent letters to the owners within the proposed MSBU stating that although it was initially proposed that the amount to be levied per parcel would be $398.00 per year for 20 years, the amount to be levied per parcel will now be $500.00 per year for 20 years. The letter indicated that the increase will assist in addressing the desire to accelerate the timing of C.-IG-.i—L,gismr51L51T,,.ptcf 134d-21d.-43fd-41-632927627e,8.d. 193