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Resolution 1996-440 ~, SEP 2 4 19911 RESOLUTION NO 96-~_ RESOLUTION NO. CWS-96-.....lD.- A RESOLUTION TO DESIGNATE ~JN~ NO. 341 AS THE FUNDING SOURCE FOR THE ROYAL COVE SEWER SPECIAL ASSESSMENT IMPROVEMENTS PROJEC'r WHEREAS, the Board of County Commissioners, as the Governing Body of Collier County and as Ex-Officio the Governing Board of the Collier County Water-Sewer District (hereafter referred to as "Board") on October 10, 1995, approved the creation of the Royal Cove Sewer Special Assessment District, and WHEREAS, the Board of County commissioners on october 24, 1995, accepted the preliminary plans, specifications and estimate of costs for the Royal Cove Sewer Special Assessment District; and WHEREAS, on NovemJ)e~' 14, 1995 the Board approved the time, date and place for the Public Hearing which was held on November 28, 1995. At this public hearing the Board approved the tentative assessment costs for the Royal Cove Sewer Special " Assessment District; and WHEREAS, on December 19, 1995, the Board of County Commissioners approved emergency project funding utilizing the Water-Sewer District capital funds. Board also approved on said date an alternate method of collection that would be administered by the Collier County Department of Revenue, and WHEREAS, the special sewer assessment levied on the properties within Royal Cove Unit 2 shall be repaid over a period of 20 years; and WHEREAS, the Board of County Commissioners has previously accumulated a fund balance in Fund No. 341, Special Assessment Fund, and WHEREAS, Fund No. 341 is an appropriate source of funding for this special assessment project. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, AS THE GOVERNING BODY OF COLLIER COUNTY AND AS EX-OFFICIO THE GOVERNING BOARD OF THE COLLIER COUNTY WATER-SEWER DISTRIC'r, that, IDOl 000 ". fiO ~, SEP 2 ~ 199R 1) The Collier County Water-Sewer District seeks a long term funding source for the Royal Cove Sewer special Assessment District project. 2) The accumulated fund balance in Fund No. 341 is the appropriate funding source for the Royal Cove Sewer Special Assessment project. 3) The Board hereby confirms the use of Fund No. 341 as the long term funding source for the Royal Cove Sewer Special Assessment District project. 4) Fund No, 341 shall be reimbursed with appropriate interest through the levy and collection of the special sewer assessments within Royal Cove Unit 2. 5) The collection of the special assessments within the Royal COVl! Sewer Special Assessment District shall be administered by the Collier County Department of Revenue. " '1..lL! This Resolution adopted this ~ day of septe~er, 1996, after motion, second and majority vote. ATTEST: DWIGHT E.' BROCK, CLERK /', ;:"~ (1:''''< CiL - " " : BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, AS THE GOVERNING BODY OF COLLI~RCOUNTY AND AS EX-OFFICIO THE:::GOVERNING BOARD OF THE COLLIEI('COUNTY WATER-SEWER DISTRI~ ':'. BY: ,/ .' " NORRIS, '"CHAIRMAN , " I .1'//. " ..;. " .'.' .".' Approved as to form and legal SUfficiency: Itr" ,~~~ AVID C. WEIG County Attorney " rlnn ,......