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i The initial public hearing was advertised in the Press Journal once a week for four consecutive weeks. Following that hearing, a copy of the resolution, a map of the proposed MSBU and a letter was mailed to each property owner in the Benefit Unit. The letter contained the following information pursuant to FS §197.3632: • the purpose of the assessment, • the total amount to be levied against each parcel, • the unit of measurement to be applied against each parcel to determine the assessment; • the number of such units contained within each parcel; • the total revenue the local government will collect by the assessment; • a statement that failure to pay the assessment will cause a tax certificate to be issued against the property which may result in a loss of title; • a statement that all affected property owners have a right to appear at the hearing and to file written objections with the local governing board within 20 days of the notice; • the date, time, and place of the hearing The letter was mailed on June 12, 2015, at least 20 days before this public hearing. Further, notice of the Public Hearing has been advertised in the Press Journal at least 20 days before the hearing. There are 36 parcels of property in the Oceanside Replat Street Paving MSBU. The County estimates it will cost $70,020.00 to re-pave the affected streets, with a total annual assessment of $14,193.00, including all fees and costs (tax collector and property appraiser, etc.); and the County will collect this amount over a period of five years through assessment, with the benefit unit sunsetting after the fifth year of assessment. Each property owner within the benefit unit will pay an equal share of the total annual assessment for the re-paving. The total amount of the assessment to be levied against each property owner will be $415.00 per parcel each year. The $415.00 amount will appear as a new entry on their annual property tax notice beginning FY 15/16. Recommendation After conducting the Public Hearing, staff recommends approval of the attached ordinance amendment. cc: David C. Nolte, County Property Appraiser Carole Jean Jordan, County Tax Collector Jason Brown, Director of Budget and Finance Chris Mora, Public Works Director j 2 132!1 i