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01 15 99 15:115 <br />,r�o rw u�o s+ae., sant s <br />G�aIS+nLLt. H l7�.1FN17 <br />(sin 37"M su vs.ores <br />DATE: <br />TO: <br />FROM: <br />RE: <br />V1 35: 3T5 1199.5 APPLIED TEs H <br />JAN 15 1999' <br />S,Ar <br />January 15, 1999 <br />Commissioner Caroline Ginn <br />Indian River County Commission <br />800K 108 PAGE134 <br />Ow ��o�aqu <br />.uwi.�ror�!•i3•`� � a <br />;. <br />Clsnsrru�,.�mrf <br />'d <br />flow <br />000 <br />MEMORANDUM <br />Karyn Erickson, P.E., Vice -President 49e <br />Applied Technology and Management, Inc. <br />Economic Analysis and Cost Allocation Plan Report <br />Indian River County Beach Preservation Plan <br />Example Assessments to Oceanfront Property Owners <br />�tin:ra+a•."s.• fid• -�'- <br />nna <br />~mi"• )icm. <br />,L • � BL -_. •• • ter. �' �. r r <br />This memo is in response to a request from County staff that we provide <br />examples of potential assessments to property owners who front the beach <br />areas planned for beach nourishment. We would like to emphasize that the <br />project cost allocations to different revenue sources, as discussed in Section 6 of <br />the above referenced Plan, is a conceptual framework for a financing plan. <br />Phase 2 will formulate the final financing plan, develop the debt service program <br />and the plan's implementation schedule. <br />Attached is a table that summarizes potential assessments to oceanfront <br />property owners for mach of the four areas planned for beach nourishment. The <br />beach sectors were evaluated separately due to different times of construction <br />and distinct/separate areas of sand placement. Within each of the beach sectors <br />identified in the BPP, there are primarily five types of land uses (single family <br />residential, condominium residential, time share, hotel and government). For <br />each of these land use types, we selected properties that have similar beach <br />frontage to estimate the assessment to individual owners. <br />cc: Jeff Tabar, County Coastal Engineer RECEIVED <br />Joseph Baird, Director of Management and Budget JAN 18 1999 <br />— CLERK TO THE BOARD <br />Environmental & Coastal Eneineers, Scientists & Mascaeement Consultants <br />JANUARY 19, 1999 <br />-50- <br />