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Boox 98 PKE P : 852 80). Resolution I, contained the preliminary assessment roll describing the project and cost. Resolution II set the date of the public hearing for the subject project. Property owners have been notified of the public hearing by certified mail. Resolution I (96-79) was published in the Vero Beach*Press Journal on July 27, 1996. (See attached agenda item and minutes of the above meeting). ANALYSIS Design of the water distribution system is complete. An informational meeting was held with the property owners on August 6, 1996. The project will serve 25 platted lots and 10 non -platted parcels, along 60th Avenue and 45th Street. The non -platted parcels vary from 1.31 acres to 19.95 acres. The platted lots are typically .27 acre +. Approval of the attached Resolution III will confirm and approve the preliminary assessment. The attached map displays the area to benefit from the assessment project. The total estimated cost to be assessed is $85,303.50. The estimated cost per square foot is $0.08640175267. This project is to be paid through the assessment of property owners along the proposed water line route. In the interim, financing will be through the use of impact fee funds. RECOMMENDATION The staff of the Department of Utility Services recommends that the Board of County Commissioners approve Resolution III, which affirms the preliminary assessment on the subject project. • The Chairman opened the public hearing and asked if anyone wished to be heard in this matter. Raymond Jackson, 4525 58th Avenue, asked which criteria determines which properties will benefit specifically from the project. Mr. Chastain explained that benefits would be the new water lines that run westerly along 45th Street until they reach 60th Avenue into Ponderosa Estates. There will be additional fire protection with the fire hydrants along that route and within the subdivision itself, and additional access to the properties abutting both the north and south sides of 45th Street along that corridor. Mr. Jackson questioned the assessment being based on square footage, and Mr. Chastain explained that over the years we have held extensive workshop sessions regarding the assessment methodology of square footage versus linear footage and the Board has determined that square footage is the fairest method. However, when properties have less than 295 feet of frontage and a depth greater than 300 feet, the 2 -acre maximum rule is applied. Mr. Chastain advised that informational meetings were held with the owners and this is the first communication we have had from Mr. Jackson. 33 AUGUST 20, 1996