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Last modified
7/7/2025 2:45:05 PM
Creation date
7/7/2025 2:40:21 PM
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Ordinances
Ordinance Number
2025-010
Adopted Date
07/01/2025
Agenda Item Number
11.A.1.
Ordinance Type
Repealing Chapter 206 Special Assessment
State Filed Date
07\03\2025
Entity Name
Master Capital Project and Service Assessment,
Subject
repealing Chapter 206 of the Indian River County Code of Ordinance entitled “Special Assessment”
and adopting a new Master Capital and Service Assessment Ordinance.
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purchase; (C) the cost of all labor, materials, machinery, and equipment; (D) <br />the cost of fuel, parts, supplies, maintenance, repairs, and utilities; (E) the <br />cost of computer services, data processing, and communications; (F) the <br />cost of all lands and interest therein, leases, property rights, easements, and <br />franchises of any nature whatsoever; (G) the cost of any indemnity or surety <br />bonds and premiums for insurance; (H) the cost of salaries, volunteer pay, <br />workers' compensation insurance, or other employment benefits; (1) the cost <br />of uniforms, training, travel, and per diem; (J) the cost of construction plans <br />and specifications, surveys and estimates of costs; (K) the cost of <br />engineering, financial, legal, and other professional services; (L) the costs of <br />compliance with any contracts or agreements entered into by the County <br />relating to the provision of said services; (M) all costs associated with the <br />structure, implementation, collection, and enforcement of the Assessments, <br />including any service charges of the Clerk, Tax Collector, or Property <br />Appraiser, and delinquent amounts from prior impositions, and amounts <br />necessary to off -set discounts received for early payment of Assessments <br />pursuant to the Uniform Assessment Collection Act or for early payment of <br />Assessments collected pursuant to Section 206.46 herein; (N) all other costs <br />and expenses necessary or incidental to the acquisition, provision, or <br />construction of the service, facility, 'or program to be funded by the <br />Assessment, and such other expenses as may be necessary or incidental to <br />any related financing authorized by the Board by subsequent resolution; (0) <br />an amount for contingencies and anticipated delinquencies and uncollectible <br />Assessments; and (P) reimbursement to the County or any other Person for <br />any moneys advanced for any costs incurred by the County or such Person <br />in connection with any of the foregoing items of Service Cost. <br />"Tax Collector" means the Tax Collector of Indian River County. <br />"-Tax .,Roll" ..means the real property - ad valorem tax assessment roll; <br />maintained by the Property Appraiser for the purpose of the levy and <br />collection of ad valorem taxes. <br />"Transaction Cost" means the costs, fees and expenses incurred by the <br />County in connection with the issuance and sale of any series of Obligations, <br />including but not limited to (A) rating agency and other financing fees; (B) the <br />fees and disbursements of bond counsel; (C) the underwriters' discount; (D) <br />the fees and disbursements of the County's financial advisor; (E) the costs of <br />preparing and printing the Obligations, the preliminary official statement, the <br />final official statement, and all other documentation supporting issuance of <br />the Obligations; (F) the fees payable in respect of any municipal bond <br />insurance policy; (G) administrative, development, credit review, and all other <br />fees associated with any pooled commercial paper or similar interim <br />financing program; and (H) any other costs of a similar nature incurred in <br />connection with issuance of such Obligations. <br />C] <br />
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