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Res 14-01RESOLUTION NO. 14-01 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 ENTRANCE SPECIAL ASSESSMENT DISTRICT TO INCLUDE THOSE PROPERTIES BORDERING ON N.E. 2ND AVENUE FROM ATLANTIC AVENUE NORTH TO THE FIRST ALLEY INTERSECTION, 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 20, 1999, the City Commission adopted Resolution 45-99 which established the preliminary assessment roll based on an estimated cost of the beautification improvement at $154,000.00. The actual total cost of the improvement is $154,621.51. The CRA will contribute $50,000.00, Pineapple Grove Mainstreet will contribute $36,000.00, the adjacent property owners will contribute $25,000.00 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 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 ten (10) 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 February 20, 2001 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 Entrance 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 regular session n this,~o~Cday of February, 2001. MAYOR ATTEST: City Clerk EXHIBIT "A" PINEAPPLE GROVE ENTRANCE SPECIAL ASSESSMENT DISTRICT SECTION: 16 SUBDIVISION: 01 BLOCK: 076 LOT: 0170 ASSESSMENT: $12,500.00 PROPERTY ADDRESS: 137 E ATLANTIC AVE OWNER INFORMATION: AVENUE INVESTMENT LTD. 7003 MANDARIN DR BOCA RATON, FL 33433 LEGAL: TOWN OF DELPAY, LOTS 17 & 18, Block 76 SECTION: 16 SUBDIVISION: 01 BLOCK: 84 LOT: 0082 ASSESSMENT: $8,152.50 PROPERTY ADDRESS: MULITIPLE ADRESSES OWNER INFORMATION: LEVIATHAN LAND GROUP INC. 800 NW 62ND STREET, #200 FT. LAUDERDALE, FL 33309 LEGAL: TOWN OF DELRAY, LOT 8 (LESS S 48.69 FT OF N 53.45) & LOT 9 (LESS S 48.69 FT OF N 53.45 FT OF W 22.91 FT), BLOCK 84 SECTION: 16 SUBDIVISION: 01 BLOCK: 084 LOT: 0081 ASSESSMENT: $4,347.50 PROPER TY ADDRESS: UNKNOWN OWNER INFORMATION: SANTANO, SUZANE 829 CAMINO ROAD, #107 BOCA RATON, FL 33434 LEGAL: TOWN OF DELRAY, S 48.69 FT OF N 53.45 FT OF LOT 8 & S 48.69 FT OF N 53.45 FT OF 2 29.91 FT OF LOT 9, BLOCK 84 EXHIBIT "B" ;40' 40' 259' CRAIGE FURNITURE CO CRA/GE FURNITURE CO - 1~- 43-46-16-Q1-076-0150 ~LLIAM R. BURKE jr CRAiCE FURNITURE CO I /ill 12-45-46-16-01-076-0111 ,~. 2ND AVENUE ~ (PINEAPPL~ GROV5 WAY) / ~65 , /486 ~ ~ ROBERT KANEMAN ~OAD A VE~ FLORIDA EAST C~~ / ~' ',' >~8%""~'~ -- -- ~ ~/-o ~ ~ ,~ /.,,~ 12-43-46-16-01-084-0102 EXHIBIT "C" Principal Rate Annual Payment Installment 8% 12,500.00 1,862.87 Annual Debt Number Principal Interest Service 1 2 3 4 5 6 7 8 9 10 862.87 1,000.00 1,862.87 931.90 930.97 1,862.87 1,006.45 856.42 1,862.87 1,086.97 775.90 1,862.87 1,173.93 688.94 1,862.87 1,267.84 595.03 1,862.87 1,369.27 493.60 1,862.87 1,478.81 38A.06 1,862.87 1,597.11 265.76 1,862.87 1,724.86 138.01 1,862.87 12,300.00 6,128.70 18,628.70 Principal Rate Annual PaymenK Ins~allmen~ 8% 8,152.50 8% 1,214.96 Annual Debt Number Principal Interes= Service 1 2 3 4 6 7 9 10 562.76 652.20 1,214 607.78 607.18 1,214 656.40 558.56 1,214 708.92 506.04 1,214 765.63 449.33 1,214 826.88 388.08 1,214 893.03 321.93 1,214 964.47 250.49 1,214 041.63 173.33 1,214 125.00 89.96 1,214 96 96 96 96 96 96 96 96 96 8,152.50 3,997.10 12,149.60 Principal 4,347.50 RaCe 8% Annual Payment 647.91 Installment 8% Annual Debt Number Principal In=eresC Service I 300.11 347.80 647.91 2 324.12 323.79 647.91 3 3S0.0S 297.86 647.91 4 378.0S 269.86 647.91 S 408.30 239.61 647.91 6 440.96 206.95 647.91 7 ' 476.24 171.67 647.91 8 514.34 133.57 647.91 9 555.48 92.43 647.91 10 599.86 48.05 647.91 4,347.50 2,131.60 6,479.10 [ITY OF I)ELRI:IY BEI:ICH CiTY ATTORNEY'S OFFICE DELRAY BEACH Ali.America City 1993 DATE: TO: FROM: 200 NW 1st AVENUE · DELRAY BEACH, FLORIDA 33444 TELEPHONE 561/243-7090 · FACSIMILE 561/278-4755 Writer's Direct Line: 561/243-?091 February 5, 2001 City Commission Brian Shutt, Assistant City Attorney SUBJECT: Pineapple Grove Entrance Special Assessment District Resolution Adopting the Final Assessment Roll The Pineapple Grove Entrance Special Assessment District was established to beautify the entrance to N.E. 2nd Avenue. Only those property owners abutting N.E. 2nd Avenue shall be specially assessed. The total cost of the project is $154,621.51, of which the CRA shall contribute $50,000.00, Pineapple Grove Mainstreet shall contribute $36,000.00, the adjacent property owners shall contribute $25,000.00 and the City shall contribute the remainder, which is approximately $43,621.51. The property owners will then have 60 days, from the date of the certification of the f'mal assessment roll, to pay the assessment in one lump sum. The property owners may also pay the assessment in ten annual installments at a simple interest rate of 8%. The City's finance department will administer the collection of the assessments. Please call if you have any questions. Attachments David T. Harden, City Manager Alison MacGregor Harty, City Clerk Randal Krejcarek, City Engineer RESOLUTION NO. 14-01 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 ENTRANCE SPECIAL ASSESSMENT DISTRICT TO INCLUDE THOSE PROPERTIES BORDERING ON N.E. 2ND AVENUE FROM ATLANTIC AVENUE NORTH TO THE FIRST ALLEY INTERSECTION, 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 20, 1999, the City Commission adopted Resolution 45-99 which established the preliminary assessmem roll based on an estimated cost of the beautification improvement at $154,000.00. The actual total cost of the improvemem is $154,621.51. The CRA will contribute $50,000.00, Pineapple Grove Mainstreet will contribute $36,000.00, the adjacem property owners will contribute $25,000.00 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 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 ten (10) 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, assessed properties benefits received by the cost of the street beautification is equally distributed among the on a foot frontage basis and bears a rational relationship to the 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 February 20, 2001 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 Entrance 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 February, 2001. ATTEST: MAYOR city Clerk EXHIBIT "A" PINEAPPLE GROVE ENTRANCE SPECIAL ASSESSMENT DISTRICT SECTION: 16 SUBDIVISION: 01 BLOCK: 076 LOT: 0170 ASSESSMENT: $12,500.00 PROPER TY ADDRESS: 137 E ATLANTIC AVE OWNER INFORMATION: AVENUE INVESTMENT LTD. 7003 MANDARIN DR BOCA RATON, FL 33433 LEGAL: TOWN OF DELRAY, LOTS 17 & 18, Block 76 SECTION: 16 SUBDIVISION: 01 BLOCK: 84 LOT: 0082 ASSESSMENT: $8,152.50 PROPERTY ADDRESS: MULITIPLE ADRESSES OWNER INFORMATION: LEVIATHAN LAND GROUP INC. 800 NW 62N° STREET, #200 FT. LAUDERDALE, FL 33309 LEGAL: TOWN OF DELRAY, LOT 8 (LESS S 48.69 FT' OF N 53.45) & LOT 9 (LESS S 48.69 FT OF N 53.45 FT OF W 22.91 FT), BLOCK 84 SECTION: 16 SUBDIVISION: 01 BLOCK: 084 LOT: 0081 ASSESSMENT: $4,347.50 PROPER TY ADDRESS: UNKNOWN OWNER INFORMATION: SANTANO, SUZANE 829 CAMINO ROAD, #107 BOCA PATON, FL 33434 LEGAL: TOWN OF DELRAY, S 48.69 FT OF N 53.45 FT OF LOT 8 & S 48.69 FT OF N 53.45 FT OF 2 29.91 FT OF LOT 9, BLOCK 84 EXHIBIT "B" N E. 1 ST AVENUE ,m' } CRAICE FURNITUR.~ CO ~ ~ , , ~LLIAM R. BURKE Jr ~ CRAICE FURNITURE CO ~ (PINEAPPLE GROVE WAY) 2ND AVENUE FLORIDA EAST COAST RAILROAD ~'~ N E. 1 ST AVENUE 40' ; 259' o~ CRAIGE FURNIrUR.~ CO , ' 12-43-45-16-01-076-0150 ~LLIAM R. BURKE Jr ~ CRA/CE FURNITURE CO ~ (PINEAPPLE GROVE WAY) N.E. 2ND AVENUE Z ~ RAILROAD A V~~ FLORIDA ~AST COAST RAILROAD ~'~~ · ../// r . ' / ~6.5 ' /48.6 "OUT //.o_/:u~/.'~..~ //., .~ ~_ /,..~ ~/~ ~ zm,~,¢,' I I ~ % ROBERT KANEMAN ~ ~AR PROP~R~ (NC 12-43-46-16-01-084-0102 EXHIBIT "C" Principal Rate Annual 9ayment Installment Number Principal 8% Interest 12,500.00 1,862.87 Annual Debt Service 1 2 3 4 5 6 7 8 9 10 862 87 931 90 1,006 A5 1,086 97 1,173 93 1,267 84 1,369.27 1,478.81 1,597.11 1,724.86 1,000.00 930.97 856.42 775 90 688 94 595 03 493 60 384 06 265 76 138 01 1,862.87 1,862.87 1,862.87 1,862.87 1,862.87 1,862.87 1,862.87 1,862.87 1,862.87 1,862.87 12,500.00 6,128.70 18,628.70 Principal Rate Annual Payment Installment Number Principal Interest 8% 1,214.96 Annual Debt Service i 562.76 2 607.78 3 656.40 708.92 765.63 6 826.88 7 893.03 8 964.47 9 1,041.63 10 1,125.00 652.20 1,214 607.18 1,214 558.56 1,214 506.04 1,214 449.33 1,214 388.08 1,214 321.93 1,214 250.49 1,214 173.33 1,214 89.96 1,214 96 96 96 96 96 96 96 96 96 96 8,152.50 3,997.10 12,149.60 Principal Rate Annual Payment 4,347.50 8% 647.91 Installment Number Principal Interest i 300.11 347 2 324.12 323 3 350.05 297 4 378.05 269 5 408.30 239 6 440.96 206 7 476.24 171 8 514.34 133 9 555.48 92 10 599.86 48 Annual Debt Service 8O 79 86 61 67 57 43 05 647 91 647 91 647 91 647 91 647 91 647 91 647 91 647.91 647.91 647.91 4,347.50 2,131.60 6,479.10