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Res 45-00B(]OK i3~i4 I~ RESOLUTION NO. 45-00 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, PROVIDING FOR THE CERTIFICATION AND ADOPTION OF THE PRELIMINARY ASSESSMENT ROLL FOR THE SEACREST/DEL-IDA SPECIAL ASSESSMENT DISTRICT TO INCLUDE THOSE PROPERTIES GENEtCAIJ.Y NORTH OF N.E. 4TM STREET, SOUTH OF N.E. 22sD LANE, WEST OF THE FEC RAILROAD, AND EAST OF SWINTON AVENUE, 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 April 18, 2000, the City Commission of the City of Delray Beach adopted Resolution No. 34-00 wluch declared the necessity for establishing the Seacrest/Del-Ida Special Assessment D~stnct ("Dismct") in order to defray a portion of the street beautificauon anprovements within the District; and WHEREAS, on April 18, 2000, the City Commission adopted Resolution No. 5-00 which set the date and time for the public hearing at which the City Commission would consider the approval of the D~strict; and WHEREAS, the City Clerk has advertised the public heating and mailed nonces to the property owners to be included in the District; and WHEREAS, the District will include all those properties hsted on the assessment roll which is attached hereto as Exhibit "A", and as shown on the map attached hereto as Exhibit "B"; and which the City shall pay half this amount and the property owners will contribute the other half, which is $771,950.25; and WHEREAS, each property owner shall be assessed on a square foot bas~s; and WHEREAS, each property owner may pay their assessment in one lump sum no later than sixty (60) days following certification that construcnon is complete; and WHEREAS, each property owner may pay ~,e, ~a,s, sessment m ten (10) annual installments at an interest rate of eight percent (8%), as indicated on Exhibit 'A; and WHEREAS, the owner of property anthin the District for which an assessment is levied shall thereafter be responsible for payment thereof. WHEREAS, the total estimated cost of the beautification improvements is $1,543,900.50, of B~OK 131l~ Pt:I6E~7~7 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 Dekay Beach, following a duly noticed public hearing, does hereby adopt the above recitals as if fully set forth herein. Section 2. That the City Commission hereby adopts and certifies the assessment roll for the Seacrest/Del-Ida Special Assessment District as set forth in Exhibit "A" which is attached hereto and incorporated herein. Section 3. That this resolution shall become effective mediately upon passage. PASSED AND ADOPTED in reg,,lar session on this the 6~ day of June, 2000. MAYOR ATYEST: City Cleark t - 2 - Res. No.45-00 BOOK 13~[~ I:~GE~7~9 BOOK ~3~1~ Pt:iGE~7[! , ! / / ////// I /,/ / ! 'i'/ ,'/,ti 13414 P~E0715 I : /I/ I'; ,// ,' I / / / !, BOOK ~3414 PI~GE~72! Dorothy H. H~ken~ CZerk 0H303'1 ,,~,, 1 IRIHX3 £1TY (IF I)ELRI:IY BER£H CiTY ATTORNEY'S OFFICE DELR^Y BEA£H 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: 561/243-7091 MEMORANDUM June 2, 2000 City Commission ~ Brian Shutt, Assistant City Attorney SUBJECT: Seacrest/Del-Ida Special Assessment District Resolution Adopting the Preliminary Assessment Roll The attached resolution, if adopted, will authorize the establishment of the Seacrest/Del- Ida Special Assessment District ("District"). The District is being established in order to provide that the property owners in the Seacrest and Del-Ida neighborhoods will contribute to the street beautification in the two neighborhoods. The total cost of the project, excluding the CPA's portion and the utility work performed by the City, is estimated at $1,543,900.50, of which the City shall pay for half of this amount. The property owners shall contribute the other half of the cost for this project, which is the amount of $771,950.25. At the conclusion of the construction, the City Commission will consider a resolution adopting the construction as complete and confirming the final assessment. The property owners will then have 60 days to pay the assessment in one lump sum. The property owners may also pay the assessment in ten annual installments at an interest rate of 8 %. The City's finance department will administer the collection of the assessments. Please call if you have any questions. Attachments CC: David T. Harden, City Manager Alison MacGregor Harty, City Clerk Randal Krejcarek, City Engineer / /o.A