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1999-187
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1999-187
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Last modified
8/21/2023 2:37:33 PM
Creation date
8/21/2023 2:35:31 PM
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Template:
Official Documents
Official Document Type
Miscellaneous
Approved Date
07/20/1999
Control Number
1999-187
Subject
Beach Preservation Plan Economic Analysis Phase II
Funding Sources and Financial Plan
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•• <br />0 <br />0 <br />Resort complex, fronting 1,700 front feet, would pay a special assessment of <br />$61,155 in Sector 3. <br />In Sector 5, special assessments ranged from $1,160 to $3,058 for a single <br />family residence with 100 to 220 front feet to a maximum of $7,371 for a <br />condominium with 450 front feet. Sector 7 special assessments ranged from <br />$4,400 to a maximum of $13,700. These higher assessments generally <br />represent combined parcels with greater ocean frontages (190-220 front feet). <br />These special assessments were computed based on a distribution of costs <br />according to the degree of storm protection benefits calculated in the Sector <br />excluding government owned lands. In Sector 1, which is comprised of all <br />government owned parcels fronting the ocean, no special assessments were <br />assigned due to the 100 percent project cost contribution from the State of <br />Florida. Tables 22 and 23 summarize these funding sources for each of the <br />proposed local infrastructure surtax funding amounts. <br />5.6 Implementation Process for Special Assessments <br />To implement special assessments as a revenue source for the beach <br />restoration projects, the County is required to follow specific procedural steps. In <br />addition to these steps public meetings such as workshops are included to <br />provide for comments from interested groups and residents of the County. The <br />required procedures and recommended hearings, with tentative dates to <br />implement the activity, are summarized in Table 24 which follows. <br />96',+65PHS2RCPORT/DIW TKk:015M Mf: 56 <br />
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