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SUBJECT: SEBASTIAN WATER EXPANSION PHASE III -A INDIAN RIVER COUNTY PROJECT NO. UW -97 -16 -DS RESOLUTION IV -FINAL ASSESSMENT BACKGROUND On October 24, 2000, the Indian River County Board of County Commissioners approved Resolution III, No. 2000-131, for the preliminary assessment roll on the above -referenced project. Construction of the project has been completed. Owners have been notified and connections have begun. Staff is requesting the Board's approval of the final assessment ro1L(See attached minutes -ATTACHMENT 1) of the above referenced meeting. ANAI YSIS The preliminary assessment was for an estimated cost of $1,356,564.20, which equated to $0.202375 (rounded) per square foot of property assessed. The final project cost and assessment (see attached Resolution IV and the accompanying assessment roll -ATTACHMENT 2), is in the amount of $1,271,797.02, which equates to a cost of $0.142141 (rounded) per square foot. The final assessment is $ 0.0602 per square foot or 31.5. % less than the preliminary assessment. The staff of the Department of Utility Services recommends that the Board of County Commissioners approve adoption of Resolution IV, which is attached, and authorize the Chairman to execute same. APPROVED FOR AGENDA: LIST OF ATTACHMENTS - By. +r, - ' 1 — October 24, 2000 BCC Minutes ames E. Chandler 2 — Final Cost & Summary Assessment Roll County Administrator FOR:/-� /� r-) / November 30, 2041 JDC/jdc ON MOTION by Commissioner Adams, SECONDED BY Vice Chairman Stanbridge, the Board unanimously adopted Resolution No. 2001-122 certifying "as -built" costs for installation of water service to the Sebastian Area, Phase III -A in the City of Sebastian, Florida and such other construction necessitated by such project; providing for formal completion date, and date for payment without penalty and interest. December 11, 2001 56 r ..J r E t e�. «{