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Home My WebLink About2016 03 10 Other, Fact Sheet shown by Staff Date: March 10, 2016 The attached document was distributed and discussed with the Oak Forest Wall and Beautification District Advisory Committee by Staff at the Thursday, March 10, 2016 Regular Meeting. Oak Forest Wall and Beautification District Fact Sheet 1. What is the Oak Forest Wall and Beautification District? An assessment area that was created in May of 2000 to finance the construction of a brick wall that runs the length of Tuskawilla Road along Oak Forest. The widening of Tuskawilla Road from two lanes to four lanes in 1999 necessitated the removal of trees that served as a buffer between Oak Forest and Tuskawilla Road. Without the vegetated buffer, the 936 homes that make up the Oak Forest community would have been exposed to the traffic. The solution was to construct a brick wall to protect the homes from the light and noise of traffic, while also beautifying the area. Each homeowner in Oak Forest is assessed an annual fee on their tax bill that serves to pay back the debt for the wall construction and finance the ongoing maintenance of the wall and the associated lighting, landscaping, and irrigation. 2. How much did it cost? In Fiscal Year (FY) 2000, the City Commission authorized a Capital Improvement Revenue Note in the amount of $725,000 for the construction of the brick wall and associated landscaping. By the end of FY16, $37,423 will remain on the note, which will be paid in full by FY17. 3. How is the Oak Forest assessment amount determined? The total assessment is comprised of a capital component and a maintenance component. The current capital assessment is $64 per Benefit Unit (BU), with a maximum authorized assessment of $72 per BU. The capital assessment finances the payment of the loan for wall construction. The annual tax bill that is issued in November of 2016 will contain the final capital assessment fee and the capital fee will be eliminated from future tax bills. The current maintenance assessment is $60 per BU, with a maximum authorized assessment of $63 per BU. The maintenance assessment finances ongoing wall and landscape maintenance. The assessment for each parcel is determined by the benefit received, as outlined below. Parcel Location Benefit BU # Homes Levied Capital # Homes Levied Maintenance Abutting the wall Vehicle light reduction Noise reduction Beautification 1.25 54 59 Within 600' of wall Noise reduction Beautification 1.1 140 167 Greater than 600' I Beautification 1.0 627 710 *The capital assessment can be prepaid. There is no prepayment for the maintenance assessment. 4. What does the money collected for maintenance pay for? FY16 Budget Contractor Purpose $300 Seminole County Tax Collector Collection of assessment dues $6,000 City of Winter Springs Reclaimed water for irrigation $3,000 Duke Energy Electricity for entrance lighting $26,253 Annan Landscape Landscape and irrigation maintenance $5,000 All Service Electric Maintenance of entrance lighting $2,075 Nabors, Giblin, & Nickerson, PA Legal oversight $5,980 NBS Government Finance Group Contract administration March 10th, 2016 5. Whom should I contact with questions or concerns regarding maintenance issues? If you notice broken sprinklers, damaged landscaping, wall damage, light outages, or other issues, please contact any of the following City staff: Sara Miller /Urban Beautification Coordinator / 407 - 327 - 5976 /smiller @winterspringsfl.org Stephanie Monica /Water Conservation - Arborist/ 407 - 327 - 6584 /smonica @winterspringsfl.org Brian Fields /City Engineer/ 407 - 327 - 7597 /bfields @winterspringsfl.org Kipton Lockcuff /Director Utilities and Public Works/ 407 - 327 - 5989 /koockcuff @winterspringsfl.org You may also contact any of the current Oak Forest Board Members: Dr. Judith Converso, Chairperson Telephone: (407) 695 -8154 Email: drirc @aol.com Term Expires: August 2019 Mr. William Hogaboom, Vice - Chairperson Telephone: (407) 718 -3210 Email: billhogaboom @Vahoo.com Term Expires: August 2018 Mr. Robert Carril Telephone: (407) 695 -2430 Term Expires: August 2018 March 10th, 2016 1r ltrwl s 1rr.. - S. n ' i Ate- __ - - "► _ Oak Fares t - r gk�ti: I< II 11011 r. 3 5 •. ;„ Y:'" - fir � ,,� b;,: � _ , w '�, March 10th, 2016