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r-1 <br />�J <br />ANALYSIS <br />In August 1996, as part a "Phase I" waterline assessment project in the Sebastian Highlands. <br />County Utilities waterline fees were assessed against twelve of the eighteen scrub lots now <br />targeted for acquisition by the Eco -Troop. The assessment fees due on the lots, including accrued <br />interest to date, range from $1.000.80 to $1.930.59. The current assessment amount due on the <br />combined twelve lots is $10,311.44 (see attachment). <br />Funding <br />The lots proposed for acquisition by the Eco -Troop have environmental characteristics typical of <br />lands that have been bought with county environmental land bond funds. However, if the County <br />is to contemplate using bond funds to pay the waterline assessments, the County must obtain <br />some interest in the acquired lots in order to satisfy bond expenditure requirements. As currently <br />planned. the lots, when purchased, will be titled to the Schooi Board and overiain with <br />conservation easements in favor of the Pelican Island Audubon Society (PIAS). <br />Staff thinks that the least complicated and most appropriate way for the County to obtain an <br />interest in the lots, to satisfy bond requirements, is for the County to be a party to the <br />conservation easements. Since conservation easements are already planned in favor of the PIAS, <br />the easements could be structured so that the easements are held jointly by both the PIAS and the <br />County. Representatives of the PIAS have been contacted and are amenable to this approach. <br />RECOMMENDATION <br />Staff recommends that the Board of County Commissioners authorize the use of environmental <br />land bond funds to pay for County interest in conservation easements on scrub lots acquired by <br />the Pelican Island Eco -Troop, with said payment to be in the form of payment of the waterline <br />assessment fees due on each acquired lot. <br />ATTACHMENTS <br />Letter from Bonnie Swanson, Pelican Island Elementary School Principal <br />Map of the 18 scrub lots proposed for acquisition. <br />Summary table of waterline assessment fees currently due on the 18 scrub lots. <br />JUNE 139 2000 <br />• <br />-31- BOOK .`' <br />rAUI E '_ � <br />