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ANALYSIS There are 6 non- platted residential lots, which may benefit from this proposed water line on 2e Avenue. The petition has been signed by four of the owners (67%). The properties are from 0.23 acre to 0.42 of an acre. Due to lake and wetland areas, which reduce the usable land areas, staff has made adjustments to the square footages proposed for assessment, to the 4 properties along the west side and north of 28' Avenue. The attached map displays the area to benefit from the assessment project. The 2 lots abutting 4th Street were provided service in the Phase I Water Project, which was completed on January 12,1993 and are not included. ( see attached EXHIBIT 2- Plat Map). Indian River County's Comprehensive Plan states, "The County's water system shall be expanded to supply the potable water needs of the eastern half of the County during the period 1986- 2005."(See attached EXHIBIT 5, page 4 of the Potable Water Sub -element, and page 22 of the Sanitary Sewer Sub -element). Twenty Eighth Avenue is a private street, and the owners have provided the County with the necessary utility easement Design of the water distribution system is complete and has been provided by staff. An evening informational meeting was held, for the benefit of the property owners on August 9, 2000. Approval of the attached Resolution III will confirm and approve the preliminary assessment The attached map displays the area to benefit from the assessment project The total estimated project cost and amount to be assessed, including engineering and administration is $ 18,795.00. The estimated cost per square foot is S 0.256861 (rounded),(See attached Estimated Project Cost -and Assessment Roll -EXHIBITS 3 & 4). This project is to be paid through the assessment of property owners along the proposed water line route. In the interim, financing will be from the Assessment Fund No. 473-000-169-372.00. RECOMMENDATION The staff of the Department of Utility Services recommends that the Board of County Commissioners approve the attached Resolution III, which affirms the preliminary assessment roll on the subject property. The Chairman opened the public hearing and asked if anyone wished to be heard regarding this matter. There being none, the Chairman closed the public hearing. AUGUST 22, 2000 -63- •