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BOOK J <br />11.H.2. RESOLUTION 2000-066 -CERTIFYING "AS -BUILT" <br />COSTS - SEBASTIAN WATER EXPANSION PHASE H -C, <br />RESOLUTION IV - FINAL ASSESSMENT - PROJECT <br />UW -97 -12 -DS <br />The Board reviewed a Memorandum of June 2, 2000: <br />DATE: JUNE 2. 2000 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR <br />FROM: DONALD R. HUBBS. P. fI- <br />DIRECTOR OF UTII.ITY,SER I ES`, I <br />PREPARED JAMES D. CHA1�<,T- <br />:*",TD STAFFED MANAGER OF SE PROJECTS <br />BY: DEPARTMENT SERVICES <br />SUBJECT: SEBASTIAN WATER EXPANSION PHASE II -C <br />INDIAN RIVER COUNTY PROJECT NO. UW -97 -12 -DS <br />RESOLUTION IV—FINAL ASSESSMENT <br />BACKGROL'ND <br />On June 22. 1999, the Board of County Commissioners approved Resolution III. No. 99-57, for the preliminary <br />assessment roll on the above -referenced project. Construction of the project has been completed. Letters were mailed <br />to property owners notifying them that they could connect to the system. Customer connections have now begun. We <br />are now requesting the Board's approval of the final assessment roll. (See attached copy of minutes -Exhibit 1.) <br />ANALYSIS <br />The preliminary assessment was for an estimated cost of $1,256.465.84, which equated to 50.204577 (rounded) per <br />square foot of property assessed. The final assessment (see attached Resolution IV and the accompanying summary <br />assessment roll -Exhibit 2), is in the amount of 51,029.180.32 -(See final costs Exhibit 3), which equates to a cost of <br />50.167659 (rounded) per square foot. The final assessment is 5 0.0369 per square foot ( 18.05 %) less than the <br />preliminary assessment. <br />RECOMMENDATION <br />The stair of the Department of Utility Services recommends that the Board of County Commissioners approve the <br />adoption of Resolution IV, which is attached, and authorize the Chairman to execute same. <br />JUNE 139 2000 <br />