HomeMy WebLinkAbout1999 02 22 Regular Item G
COMMISSION AGENDA
ITEM G
Consent
Informational
Public Hearing
Regular X
February 22.1999
Meeting
MGR j(,Y' DEPT
Authorization
REQUEST: Tuscawilla Lighting and Beautification Assessment District
Advisory Committee requesting the City Commission to
receive and approve recommendations for lighting and
beautification capital and operating programs for the district
for fiscal year 2000 to take to public hearing.
PURPOSE: This agenda item is needed to fulfill the responsibilities of the
Committee to provide to the Commission recommendations for the
Assessment District, and to have a plan adopted to take to public
hearings provided for in the Assessment Ordinance.
CONSIDERATION:
On July 27,1998 the Commission approved a resolution
establishing the Tuscawilla Lighting and Beautification District
Advisory Committee pursuant to Section 2.02 of the City's
Assessment Ordinance #704 adopted July 27, 1998.
As provided in Resolution #855 the Advisory Committee is
responsible for providing recommendations to the Commission
relative to a program of capital improvements and operating and
maintenance activities, and budget for the district that could be
taken to the public in public hearing as provided in the City's
assessment ordinance.
The Committee began meeting on August 4, 1998 and has met
weekly in its efforts to prepare its recommendations.
Page 1
FUNDING:
During its six month of intensive study the Committee has
developed a plan that provides for the following at an estimated
assessment of $110 per year beginning in fiscal year 2000.
The presentation by the Committee will address the following:
Capital Improvements
Entranceways
Median Improvements
Street Signage
Operations and Maintenance
Street Lighting
Landscape Maintenance
Administration
Financing Strategy
FY 2000 Budget
Schedules
The presentation will take approximately 45 minutes. It is
anticipated that another 30 minutes will be needed for questions
and comments. Architectural models and renderings, and the
written report will be on display in the lobby of City Hall Monday,
February 22, 1999.
Funding for the project would be paid from non advalorem
assessments in an amount estimated to be $110 per year to pay for
the following:
Debt Service
Operating Maintenance
Street Lighting
Landscape Medians
$173,000
46,000
223.000
$269,000
Administration/Collection
Total
50,000
$492,000
4,468
$110.11
Parcels
Cost per Parcel
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RECOMMENDATION:
It is recommended that the Commission consider approval of the
Committees recommendation to take to public hearing, including:
a) Capital Improvement Plan
b) 30 year Bond Issue
c) Operating and Maintenance Plan
d) Administration Plan
e) FY 2000 Budget
f) Implementation Schedule
ATTACHMENTS: a) Plan Summary
b) Revised Schedule
COMMISSION ACTION:
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Attachment A
PLAN SUMMARY
TUSCAWILLA LIGHTING AND BEAUTIFICATION DISTRICT
COST COMPARISON
15, 20,AND 30 YEAR BOND ISSUES
Development Cost
Pre-construction cost
Legal
Preliminary Design
Planning/Administration
$85,000
33,000
16.000
$134,000
Construction Cost
Entrances
Medians
Sinage
$1,280,000
991,000
120.000
$2,391,000
(1 )
Total Development Cost to be Financed
$2,525,000
1. Includes detail, design and contingencies.
30 Year 20 Year 15 Year
Issue Issue Issue
Debt Service $173,000 $207,000 $245,000
Operating/Maintenance
Street Lighting $46,000 $46,000 $46,000
Landscaping 223.000 223.000 223.000
$269,000 $269,000 $269,000
Collection/Administration $50.000 $50.000 $50.000
TOTAL COST $492.000 $526.000 $564.000
Parcels 4,468 4,468 4,468
Annual Assessment-
Per Parcel 110.11 117.73 126.23
Memo/Feb99/Lentz8onds
Attachment B
TUSCAWILLA LIGHTING AND BEAUTIFICATION DISTRICT
FIRST BILLING ON THE NOVEMBER 1999 TAX BILL
CRITICAL EVENTS SCHEDULE
(EXTENDED TIMEFRAME)
EVENT
Assessment Ordinance adopted
Advisory Committee approved
Notice of Intent to Tax Collector and Property Appraiser
Advisory Committee recommendation
approved by Commission
RFP for Architectural SelVices
Architectural Bids Received
Architectural Bids Awarded
Construction Bid documents completed
Apportionment methodology developed/refined
Bids let
Bids received
Bids approved
Initial Assessment Resolution adopted
First Class Notices mailed
Publish notice of Public Hearing
Public Hearing/Final Assessment Resolution adopted
Prepayment Period
Notice to Proceed on Construction
Bonds issued (Commission sells bonds)
DATE
July 27, 1998
July 27, 1998
November 1998
February 22, 1999
February 22, 1999
March 15, 1999
March 22, 1999
March 31,1999
April 12, 1999
May 1, 1999
June 1, 1999
June 7, 1999
June 14,1999
June 21,1999
June 21, 1999
July 12, 1999
July 15 - August 15, 1999
July 26, 1999
August 23, 1999
Revised: 02117/99
CRITICAL EVENTS SCHEDULE
(EXTENDED TIMEFRAME)
Page 2
Attachment B
TUSCAWILLA LIGHTING AND BEAUTIFICATION DISTRICT
FIRST BILLING ON THE NOVEMBER 1999 TAX Bill
CRITICAL EVENTS SCHEDULE
(EXTENDED TIMEFRAME)
Construction begins
August 25. 1999
Assessment Roll Certified
September 15. 1999
Tax Bill mailed
November 1999
Revised: 02/17/99