HomeMy WebLinkAboutResolution No. 1985-11 MICROFILMED AU 87
RESOLUTION NO. 85-11
A RESOLUTION PRESCRIBING ASSESSMENT CRITERIA
TO BE USED IN ASSESSING ABUTTING LAND OWNERS
UNDER THE CITY' S CHANDLER STREET CONSTRUCTION
PROJECT; ESTABLISHING METHOD OF PAYMENT; PRO-
VIDING AN EFFECTIVE DATE.
BE IT RESOLVED by the City Council of the City of Cape
Canaveral, Florida, as follows:
SECTION 1 . The following prescribed assessment criteria
shall be used by the City of Cape Canaveral, Florida, it' s agents,
servants and employees in assessing abutting property owners
under the proposed Chandler Street Construction Project of the
City of Cape Canaveral, Florida:
A. Assessments shall be levied on all property abutting the
improvements and only on those properties.
B. Assessable footage shall be measured on the side or sides
upon which the assessment is based, determined by the actual amount
of frontage contiguous to the improvement.
C. For determining the assessment on curved lots, the County
Tax Assessor's criteria shall be followed to arrive at front footage.
SECTION 2 . In the event that the criteria prescribed in
Section 1 does not allow for equitable assessment to the benefited
properties, any inequities resulting may be adjusted by the City
Council sitting as the board of equalization at the conclusion of
the Chandler Street Construction Project.
SECTION 3 . The assessment shall be based on a front footage
figure and determined by dividing the entire front footage figure
into the total cost of the project. The City shall pay the con-
tracted price and shall allow the assessed property owners to
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repay the assessment fee over a three (3) year period in annual
installments to include principal and interest as allowed by State
Statute, or sooner.
SECTION 4 . This Resolution shall become effective immediately
upon its adoption.
Resolution No. 85-11
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MICROFILMED AUG 87
ADOPTED by the City Council of the City of Cape Canaveral,
Florida, this 19th day of February , 1985 .
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Resolution No. 85-11
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