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g r _- <br />BOOK 107 4'�`:. <br />The Board reviewed a Memorandum of December 15, 1998 and corrected first page <br />dated December 21, 1998: <br />TO: James E. Chandler, <br />County Administrator <br />THROUGH: James W. Davis, P.E., <br />Public Works Director <br />FROM: Jeffrey R. Tabar, <br />Coastal Engineer <br />SUBJECT: Notice of Intent <br />Collecting Non -Ad <br />DATE: December 21, 1998 <br />DESCRIPTION AND CONDITIONS <br />j / <br />6D�X&-d TEO <br />/c� GS_ <br />PUBLIC HEARING <br />to Use Uniform Method of <br />Valorem Assessments <br />DEC 211998 <br />CLERK TO THE BOARD <br />County staff has been working on an economic analysis for the Beach <br />Preservation Plan (BPP). The economic analysis includes <br />determining the nature and extent of benefits expected to accrue <br />from the BPP and allocating these benefits to their proper <br />recipients. This analysis will be used to develop a local funding <br />program to support and implement the BPP. <br />ALTERNATIVES AND ANALYSIS <br />Based on the findings of the economic analysis, an evaluation of <br />funding alternatives will be completed. These potential funding <br />sources will be outlined in a final report which will be presented <br />to the Board of County Commissioners in January, 1999. One of the <br />potential sources of revenue to be considered is the development of <br />an assessment program. In anticipation that Indian River County <br />may consider an assessment program next year, Florida Statutes <br />Section 197.3632 requires that the County hold a public hearing and <br />adopt a resolution of intent to use the uniform method to collect <br />non -ad valorem assessments. <br />The resolution must be adopted by January 1, 1999 and sent to the <br />Tax Collector, the Property Appraiser and Florida Department of <br />Revenue by January loth. In addition, a list of properties which <br />may be considered under this type of collection method shall be <br />provided. <br />The resolution does not obligate the County to use this method, but <br />reserves the County Commission's ability to impose assessments. <br />This resolution only assists the County in meeting statutory notice <br />requirements necessary to preserve this collection approach. To <br />DECEMBER 22, 1998 <br />28 <br />