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Res 55-04RESOLUTION NO. 55-04 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DEIflL~Y BEACH, FLORIDA, PROVIDING FOR THE CERTIFICATION AND ADOPTION OF THE FINAL ASSESSMENT ROLL FOR THE PINEAPPLE GROVE WAY SPECIAL ASSESSMENT DISTRICT TO INCLUDE THOSE PROPERTIES ABUTFING PINEAPPLE GROVE WAY (N.E. 2ND STREET) FROM THE FIRST AIJ,EY INTERSECTION NORTH OF ATLANTIC AVENUE TO N.E. 4TM STREET, AS MORE FULLY DESCRIBED HEREIN; PROVIDING FOR THE ASSESSMENT AMOUNT AS TO EACH PROPERTY; PROVIDING FOR THE METHOD OF PAYMENT OF THE SPECIAL ASSESSMENT; PROVIDING AN EFFECTIVE DATE. WHEREAS, on July 25, 2000, the City Commission adopted Resolution 49-00 which established the preliminary assessment roll based on an estimated cost of the beautification improvement at $2,049,850.00. The actual total cost of the improvement is $2,222,931.00. The CRA and abutting property owners will each contribute one-third of $2,049,850.00, ($683,283.33) and the City will contribute the rem&r; and WHEREAS, the Special Assessment District will include all those properties listed on the assessment roll attached hereto as Exhil~lt "A", and as shown on the map attached hereto as Exhibit "B"; and WHEREAS, each property owner shall be assessed on foot frontage of the property abutting N.E. 2nd Avenue or 100' on intersecting streets as indicated on the assessment roll, see Exhibit "A"; and WHEREAS, each property owner may pay their assessment in one lump sum no later than sixty (60) days following certification of the final assessment roll; and WHEREAS, each property owner may pay the assessment in twenty (20) annual installments at an interest rate of eight percent (8%), as indicated on Exhikf~t "A"; and WHEREAS, the owner of each parcel within the District for which an assessment is levied shall thereafter by responsible for payment thereof; and WHEREAS, the cost of the street beautification is equally distributed among the assessed properties on a foot frontage basis and bears a rational relationship to the benefits received by the properties assessed; and WHEREAS, pursuant to Florida Statute Section 170.07, the property owners have been given 30 days notice of the public hearing and notice of the public hearing has been given by two publications a week apart in a newspaper of general circulation in Palm Beach County; and WHEREAS, pursuant to Florida Statute Section 170.08, a public hearing has been scheduled for July 20, 2004 in which the governing authority will meet for final consideration of the special NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DFJ.RAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That the City Commission of the City of Dekay Beach, Florida, following a duly noticed public hearing, does hereby adopt the above recitals as if fully set forth herein. Section 2. That the City Commission of the City of Delray Beach, Florida, hereby adopts and certifies the final assessment roll for the Pineapple Grove Way Special Assessment District, as set forth in Exhibit "A" which is attached hereto and incorporated herein. Section 3. That this resolution shall become effective immediately upon passage. PASSED AND ADOPTED in reg~l~r session on this <:~ day of July, 2004. ATI'EST: Acting City Clerk 2 Res. No. 55-04 [lTV OF DELRI:I¥ BEI:I[H CITY ATTORNEY'S OFFICE 200 NW 1st AVENUE · DELRAY BEACH, FLORIDA 33444 TELEPHONE 561/243-7090 · FACSIMILE 561/278-4755 Writer's Direct Line: 561/243-7091 DELRAY BEACH city DATE: TO: FROM: MEMORANDUM July 9, 2004 City Commission David Hardea, City Manager Brian Shutt, Assistant City Attorney SUBJECT: Pineapple Grove Way Special Assessment District Resolution Adopting the Final Assessment Roll The Pineapple Grove Way Special Assessment District was established to beautify Pineapple Grove Way (N.E. 2nd Avenue) from the first alley intersection just north of Atlantic Avenue to N.E. 4th Street. Only those property owners abutting Pineapple Grove Way and first 100' of intersecting streets shall be specially assessed. The special assessment cost shall be divided between the City, CRA and property owners with each party paying a one-third share. The total cost of the project, excluding the utility work to be performed by the City, is $2,222,931.00. However, the amount specially assessed to the property owners may not exceed the City's estimated amount that was adopted by the Preliminary Assessment Roll. That amount was based on a total cost of $2,049,850.00. Therefore, the amount that will be assessed to the property owners through the final assessment roll will be 1/3 of $2,049,850.00, which equates to $683,283.33. The property owners will then have 60 days, fi'om the date of the certification of the final assessment roll, to pay the assessment in one lump sum. The property owners may also pay the assessment in twenty annual installments at an interest rate of 8%. The City's finance department will administer the collection of the assessments. Our office requests that this item be placed on the July 20, 2004 City Commission agenda. Please call if you have any questions. Attachments CCi Chevelle Nubin, Acting City Clerk Randal Krejcarek, City Engineer RESOLUTION NO. 55-04 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, PROVIDING FOR THE CERTIFICATION AND ADOPTION OF THE FINAL ASSESSMENT ROLL FOR THE PINEAPPLE GROVE WAY SPECIAL ASSESSMENT DISTRICT TO INCLUDE THOSE PROPERTIES ABUTTING PINEAPPLE GROVE WAY (N.E. 2ND STREET) FROM THE FIRST ALLEY INTERSECTION NORTH OF ATLANTIC AVENUE TO N.E. 4TM STREET, AS MORE FULLY DESCRIBED HEREIN; PROVIDING FOR THE ASSESSMENT AMOUNT AS TO EACH PROPERTY; PROVIDING FOR THE METHOD OF PAYMENT OF THE SPECIAL ASSESSMENT; PROVIDING AN EFFECTIVE DATE. WHEREAS, on July 25, 2000, the City Commission adopted Resolution 49-00 which established the preliminary assessment roll based on an estimated cost of the beautification improvement at $2,049,850.00. The actual total cost of the improvement is $2,222,931.00. The CRA and abutting property owners will each contribute one- third of $2,049,850.00, ($683,283.33) and the City will contribute the remainder; and WHEREAS, the Special Assessment District will include all those properties listed on the assessment roll attached hereto as Exhibit "A", and as shown on the map attached hereto as Exhibit "B"; and WHEREAS, each property owner shall be assessed on foot frontage of the property abutting N.E. 2nd Avenue or 100' on intersecting streets as indicated on the assessment roll, see Exhibit "A"; and WHEREAS, each property owner may pay their assessment in one lump sum no later than sixty (60) days following certification of the final assessment roll; and WHEREAS, each property owner may pay the assessment in twenty (20) annual installments at an interest rate of eight percent (8%), as indicated on the amortization tables attached hereto as Exhibit "C"; and WHEREAS, the owner of each parcel within the District for which an assessment is levied shall thereafter by responsible for payment thereof; and WHEREAS, the cost of the street beautification is equally distributed among the assessed properties on a foot frontage basis and bears a rational relationship to the benefits received by the properties assessed; and WHEREAS, pursuant to Florida Statute Section 170.07, the property owners have been given 30 days notice of the public hearing and notice of the public hearing has been given by two publications a week apart in a newspaper of general circulation in Palm Beach County; and WHEREAS, pursuant to Florida Statute Section 170.08, a public hearing has been scheduled for July 20, 2004 in which the governing authority will meet for final consideration of the special assessment. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That the City Commission of the City of Delray Beach, Florida, following a duly noticed public hearing, does hereby adopt the above recitals as if fully set forth herein. Section 2. That the City Commission of the City of Delray Beach, Florida, hereby adopts and certifies the final assessment roll for the Pineapple Grove Way Special Assessment District, as set forth in Exhibit "A" which is attached hereto and incorporated herein. Section 3. passage. That this resolution shall become effective immediately upon PASSED AND ADOPTED in regular session on this __ day of July, 2004. MAYOR ATTEST: City Clerk LAKE IDA ROAD