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Res 49-00RESOLUTION NO. 49-00 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF D~Y BEACH, FLORIDA, PROVIDING FOR THE CERTIFICATION AND ADOPTION OF THE PRF. I.IMINARY ASSESSMENT ROLL FOR THE PINEAPPLE GROVE WAY SPECIAL ASSESSMENT DISTRICT TO INCLUDE THOSE PROPERTIES BORDERING ON PINEAPPLE GROVE WAY (N.E. 2sv AVENUE) 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 June 6, 2000, the City Commission of the City of Delray Beach adopted Resolution No. 47-00 which declared the necessity for establishing the Pineapple Grove Way Special Assessment District ("District") in order to defray a portion of the street beautification improvements within the District; and WHEREAS, on June 6, 2000, the City Commission adopted Resolution No. 48-00 which set the date and time for the public hearing at which the City Commission would consider the approval of the District; and WHEREAS, the City Clerk has advertised the public hearing and mailed notices to the property owners to be included in the District; and WHEREAS, the District will include all those properties listed on the assessment roll which is attached hereto as Exhibit "A", and as shown on the map attached hereto as Exhibit "B"; and WHEREAS, the total estimated cost of the beautification improvements is $2,049,850.00, of which the City will pay $683,283.33 (1/3 of the total), the Community Redevelopment Agency (CRA) will also pay $683,283.33 (1/3 of the total), and the property owners will contribute $683,283.33 (1/3 of the total); and WHEREAS, each property owner shall be assessed on front footage of the property abutting Pineapple Grove Way (N.E. 2na Avenue) and the first one hundred feet (100') along intersecting streets as indicated on the assessment roll which is attached hereto as Exhibit "A"; 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 Exhibit "A"; and WHE~_dkS, the owner of property within the District for which an assessment is levied shall thereafter be responsible for payment thereof. 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 heating, does hereby adopt the above recitals as ff fully set fm~:h herein. Section 2. That the City Commission hereby adopts and certifies the 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 regular session on this the 252 day of July, 2000. MAYOR ATTEST: City Clerk - 2 - Res. No. 49-00 [ITY I)F DELRI:IY BEI:I[H CITY ATTORNEY'S OFFICE DELRAY BEACH Ali,America Cit~ 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 July 18, 2000 City Commission -----~, Brian Shutt, Assistant City Attorney SUBJECT: Pineapple Grove Way Special Assessment District Resolution Adopting the Preliminary Assessment Roll The attached resolution, if adopted, will authorize the establishment of the Pineapple Grove Way Special Assessment District ("District"). The District is being established in order to provide that certain property owners shall contribute to the street beautification along Pineapple Grove Way from the first alley intersection north of Atlantic Avenue to N.E. 4th Street. Only those property owners abutting Pineapple Grove Way and the first 100' of intersecting streets, in the area described above shall be specially assessed. The total cost of the project, excluding the utility work to be performed by the City, is estimated at $2,049,850.00, of which the City and CRA shall each pay 1/3 of this amount. The property owners shall contribute the remaining 1/3 of the cost for this project, which is the amount of $683,283.33. 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 twenty annual installments at an interest rate of 8 %. The City's f'mance 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 /a.A.