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Resolution 01-1031RESOLUTION NO.2001-1031 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LONGWOOD. FLORIDA. RELATING TO THE CONSTRUCTION AND FUNDING OF ROAD IMPROVEMEN'ES; DESCRIBING THE PROPERTY TO BE LOCATED WITHN THE PROPOSED ASSESSMENT AREA AND THE. ROAD IMPROVEMENTS TO BE CONSTRUCTED THEREIN DETERMINING THE ESTIMATED COST OF THE ROAD IMPROVEMENTS; DETERMINING THAT CERTAIN REAL PROPERTY WILL BE SPECIALLY BENEFITTED BY TIEROADIMPROVEMEN N ESTABLISHINGTHEMETHOD OFASSESSING THECOSTS OFTHEROAD IMPROVEMENTS AGAWSTTHE REAL PROPERTYTHATWILLBESPECIALLY BENEFITTED THEREBY. ESTABLISHING OTHER TERMS AND CONDITIONS OF THE ASSESSMENTS_ ESTABLISHING A PUBLIC HEARING "10 CONSIDER IMPOSITION OF'LHE PROPOSED ASSESSMENTS AND THE METHOD OF THEIR COLLECTION; DIRECTING THE PROVISION OF NOTICE IN CONNECTION THEREWITH; REPEALING CERTAIN PRIOR RESOLUTIONS; AND PROVIDING AN EFFECTIVE DATE. NO\V,THEREFORE, BE i'T RESOLVED BY THE CITY COMMISSION OF "I BE CITY OF LONG WOOD, FLORIDA, AS FOLLOWS: r ARTICLE I DEFINITIONS AND CONSTRUCTION SECTION 1.01. DEFINITIONS. As usedm this Resolution. the loli—mg temts shall ,—he folloving me mgs, nvless the context hereofothenvisc rtgvirs "Adjusted Prepay—m Amount" means the amount required to prepay the Assessment foreaeh Tax Parcel Ioented m theAssessment Area as computed pursuant Section 3.03(D) hereof and revised annually pmmant to S-- 3 04(1) hareof "Annual Debt S,Avl Componen[ means the amounteomputed forcaeh Tax Parcel pursuant to Section 3 04(E) hereof 'Annual Deht Service Factor" means the factor wmpmed pursuant to Section 3.04(D)hcreof "Assessment" means en annual specie[ essessmvatt imposed against propeny located within the Assessment Area to fund the Project Cost of Road Improvements to serve the Assess - Area and rela[od expenses, computed in the manner de —Ned in Section 3,04 of Assessment Area meanstheproposed Past Street(Phase l) F.d Paving Assessment Area described in Section 3,01 hereof, 'A— -t Ccordioator" means the person designated by the City Commission to be responsible for coordinating Assessment,, or such person's designee. r "A.vse--d Roll"means e non -ad valorem essesxment roll rtlau ng to the Praject Cost of the Road Improvemems and related expenses. "Capital Cast" means all or any portion of1heexpenses that arc properly attributable to the acquistnon, design, construetioq installatiot4 reconstruction, renewal or replvicement (incladiogdemolition. envuonmenml mitig,il vendreloeet on)ofthc Road lmprovememsand imposumn of1h, Assesantenra under generally accepted accounting principles: and including reimbursement to the City for any funds advanced for Copitel Cost and interest on any i-,fi nd nr mtrafund loan for such purposes. "City" means the Cty of Longwood a municipvl corporation duly organized and validly existing under tho Imvs of the St. —MIA.. — "City Clerk" shell mean the official c.-dill of all sty records and Pap- ofan official chamcwr. or such person', designee. "City Cammicsion" means the City Commission of the City of Longwood. "Callectiao Cast" maaas the estimated cost to 1 e incurred by the City during avy Final Year in --tion with the wllectiov of Assessments. "Collection Cost Component mans the amount computed for each Tax Parcel pursuant to S-- 3.04(F) hereof. "Debt Service Antouvt" means the amount computed pursuant to Section 3.04(A) hereof "Final Assessment Resaiation" means the resolution described in Section 2- of the Ordinance that imposee Assessments within the Assessment A-, "Fiscal Year means[heperiod oommencingon October l ofeacbyearnnd eentm—g through the next succeeding September 30, orsuch other period ax may be prescribed by as the fiscal year for the City. "FToatage" means, fanny Platted Lat or Parcel oflt—,d, the length ofthe boundary line abort , oad to be improved as part oflhe Road Improvements. measured —he nearest whole foot. With respect to any Platted Lot or Parcel of Record with boundaries abuni ng more then one road to be improved es pert ofthe Road Improvements. "Frontage" shall mean the boundary line through which the Platted Lotor Pereel of Record gains access. In the event there exist too or more access boundary lines. "Froriage" shall be determined by stteot address. r "Government Property" means progeny owned by the United States ofA—ti,a or any agency thereof, the State of Florida o any ag ncy thea-eof, a co inty, a special disiricl or a municipal corporation. "Initial Prepay.-AAmounf"means theamonmcompmedpursnam Seetion3.03(A) hereof foreach Tax Pereel located in the Assessment Ama to prepay the Assessment in full. "Local Improvement" means a capital improventeatI conatmcted or installed by the City for the special benefit of e neighborhood or other local area, for which special assessments are imposed pursuant m the Ordinance. "\laaimum Rate" means an Assessment calculated using a rate of S25 00 per lineal mm "Aiodifed Debt Service .Amon nt" means the amount computed pursuant to Section 304(C)h—bf, "Obligatons means a sane,ofbonds or other evidence of,,i&blldvess including but not limited tonotes, commercial paper. mtemxl loans, capitol leasos or an, other obligations of the City issued or incurred to finance nny portion of the Proj- Cost of the Road Improvements and secured, m whole or in p,n, by proceeds of the Assessments. "Ortlivvnce" means Ordinance No-01-1574, "Pvrcel of Recortl" mevns an unplet[ed parcel of record or a ,.bd,ided Plaaed Lot in extslenceon the effiettve date of this Resolution. "Platted LW" mevns e building lot described on a mop or plat recorded in the r Seminole County Official Recordson or Prior m the effective date oflhis Resolution. "Prepayment MndiRcatinn Factor"means the fi b,puted pursuant to Section 3-04(B) hereof "Project Coet means nli or anyponion ofthe expenses attributable to(A) the Capital Cost of the Road Improvements, (B) [he debt service reserve fond or --,b, if any, established for [he Obligations attributable to the Road improvements, end(C) any othercosts I, expenses rel eted thereto. "Property Appraiser" manna the Seminole County Property Appraiser, "Road Improvements" means the following road end vucitlary improvements to be eoI—I,dby the City iv the Assessment Area: road repair, paving end resurfacing, sidewalks and curbing, driveway aprons, sod, any appropriate drainage facilities to meet storm warer requir menu (i-e swales but not eetention p—N) and related improvements. "State" means the State ofFlorida- "Statutory Discotmt Amount" means the amount computed for each Tax Parcel pursuant to Sedton 3.04(0)hereaf. "Tax Percel"meansaparcel ofp,perrytowhichthe Property Appraiserhas assigned a distinct ad valorem property tax i&,,Iifcation number. "Ta, Roll"means the real property ad valorem tax assessment toll maintained by the Property Appraiser for the purpose fthe levy and collection of ad v,W—texts. '-flf—, A.csevsment Collection Act" means Sections 197.3632 and 197.3635, Florida Statures, or any successor stab,- Guth--g the collection of not d valorem assessments on the s—bill as ad valorem taxes, and any applicable regulations promulgated thereunder. SECTION 1.02. IN'rERPRE'I'ATION. t)nless the context indicates odtenvis{ words imponmg the singular number include the plural numbe, and vice versa: the terms "hereof;"'hereby;'"herein.""hueto;"'hereunder"and similarmrmsrcfar to this Resolution:end the teem "hereafrer" means after, end theterm "heretofore" means before. the eff-ile d-.f this Resolution. Words of any gender include the correlative words oftheother gender,unless the sense indicates otherwise. SECTION 1.03. GENERAL FINDINGS.Itis hereby aseenained, detenninedand declared that: (A) pursuant to Article VIll, Section 2(b)oflhe Florida Censtimtion. and Sectiotu 166,021 and 166,041, Florida Statutes, the City Commission has all powers of local self- government to perfoan mm icipal f4oetwos and to render mu icipal servioes except when prohibitedby law and such power may be exercised by the enactment oflegI,Sti- in the form of Ciry ordinanocs. (B) fl.CityCommissmnnay exercts anygovemmental,corporate, oeproprictery power for a municipal pot,— except when expressly prohibited by law. and the City Commission may legislate on any subject matter on which the Legislature may ao, e ceps those subjects described in (a),(b),(c), and (d)of Section I66,021(3). Florida Statutes. The subject matter tb`,—gcaphs(I),(b),(c), and (d)ef Seotien 166.02IO). Florida St,—, is out relevant ro imp— ion of assessmenita related to Local Improvements within the City. (C) TIN City Commission has previously Inidmed as asse-- for a mad improvement project m this area pursuant to Chapter 170, Florida Stamtos, under Gty Resolution Nos_ 98-959, 98-960 and 98-961, The assessment described under such resolutions is mconsistem with the CItys desire to streamline the assessor nt process and place all futurenssessments on the tax bill par aunt to the Uniform Assessment Collection Aet. Aecordingty, Resolution Nos. 98-959,98-960 end 98-961 shall be repealed in their entrety. any liens imposed by suoh resolmions shall be released and any monies paid by property owners thereunder shall applied against a prepayment amount calculated hereunder, the excexs of which will be refunded. (D) The City Commission hasenaolodthe Ordinance m provide for the creation of Assessment Areas and authorize the imposition of Assessments to (trod the construction of Local Improvements to serve the property located therein. (C) The Road Impovemenrs —,fit— a Local Improvement, as defined in the Ordinance. (1) The City Commission d-11, m create the Assessment A— to food coustmcti- of the Road lmpro ements. (G) Thewnstructiouofsuch Roadimpmvementswillimproveaecesv mall property _ locatedw 11111, Assessment Al— there by providing a special benefit to such property. (11) Due to the eonfigumtion end relative size of the individual peroels, the use of F'mnlage is the most fair and eq—bl, method of allocating the Capital Cost among Tex Parcels located within the Assessment Area. (I) Inorderto reducethe ftnenoml imp —he Assessment will have on the property owners m the Assessment Are., the City has decided to provide a 15-year internal loan -he property owners for their share of the Prgea Cost. No interest wit l be charged on this loan. (1) (n orderto further reducethe financial impaotthe Assessmem will have on the property owners in the Assessment Area, the City shall limit the Assessment m a maximum rme of 525-00 per Iineal Coo[ The City shall forgo reimbursement in an amount equal to the diffrrence bwween the normal annual Assess—tt and the reduced annual Assessment payable by property owners. (K) In order to further reduce the financial impact the Alessl-wi 11 have on the property owners in the Assessment A-, the City will food all Collemion Costs and the Statutory Discount Amount related to wllecting the Assessments on the tar' bill. (L) 'Ric City has astablished a policy to exempt Government Property due to the problems related to oollection under the I—s of the State of Florida. In order to avoid an inequitable shift of the burden to other property owners, the City shal I forgo reimbursement to an amount equal to the, I Assessment pnyabl, by Govemmem Property. (M) Inordertoprovidean incentive(orproPertY o.vnerstoprepaytheirAssessmems, — the City shall establish a discount prepay period in which propeny owners may prepay their Assessment in full with a discount of ten percent. In order to avoid an inequitable shift fthe burden to other propeny owners, the Cityshall forgo reimbursement in an amount equal to the discount provided. (N) The City Commission hereby finds and determines that the Assessments to be imposed in accordance with this Resolution provide an equitable method of funding the Road Improvements by fairly and reasonably allocating the cost to specially beneftted property. ARTICLE, II NOTICE AND PUBLIC HEARING SECf10N2.01. ESTIMATED GAPEPALCOST. The estimated Capital Cost for the Road Improvements is $425,000, The Project Cast of the Rond Improvements will be fnvdedthrough theimpositioc ofAssessmentseg.i-prop,AylocatedmtheAssessment Area in the manner set forth m Article 111 hereof- SECTION 2.02. ASSESSMENT ROLL. The Assessmett Coordinatoris here by directed to prepare a final estimate of the Capital Cost of the Road Improvements and to prepare the preliminary Assessment Roll in tie manner provided in the Ordinance Ilte Assessment Coordinetorshall apportion the Project Cost among tie parcels of real property within the Asressment Area as reflected -the Tax Roll in eonfonnlry with Atricle 111 hereof The estimateof Capital Cost and the Assessment Roll shall be maintained on file at City Hall and open to public impaction. The foregoing shall not be construed to require that the Assessment Roll be in printed form if the amount of the Assessment foreach Tax Parcel can be determined by use of a computer terminal available ro the public. SECTION 2.03. PUBLIC HEARING. A public hearing will b—,,d-,d by the City Commission at 7:00 P.M. on July Ib, 2001, at City Hell lomted at 175 West Warren Avenue Longwood, Florida to wmider (A) cr anon of the Aaessment Area, (B) impm Don If the Assessments, and (C) collection Of the Assessments pursuant to the l)nL— Assessment Collection Act. SECTION2.04. NOTICE BY PUBLICATION. Upon completion ofthc materiale required by Section 2,02 hereof, the Assessment Coordinator shal l pabh1h a notice of the public hearing authorized by Section 2.03 heeof in the manna and the time provided in Section 2,05 of the Ordinanoe. Suoh notice shell be in sabstantially the farm attached hereto as Appendix A. SECTION 2.05. NOTICERYMAIL. Upon completionofthematerialsrequimd by Sermon 202 h—bf. the Assessment Coordinvtor shall, at the time and N the manner specif ed in Section 2.06 of the Ordinenee, provide first class mailed notice of the public hearing authorized by Sernmt 2 03 hereof w each properly owaer proposed to be assessed at the eddres�indicutetl on the Tex ROIL Sach notice shell be in subnantially theform anached hereto as Appendix B. ARTICLE III ASSESSMENTS SECTION 3.01. DESCRIPTION OF PROPOSED ASSESSMENT AREA. TI>e City Commission proposes to snare the East St— (Phase 1) Road Paving A,--1 Area including those parcels described in Appendix C attached hereto. The Assessmem Area is propased for the purpose of improving the use end enjoyment of property by funding the construction of R-d Improvements to improve the accus to propery located therein. SECTION 3.02. IMPOSITION OF ASSESSMENTS. Assessments shell be imposed against property located within the Assessment Area far a period of 15 years. The frst annual Assessmem will be included on the ad valorem tax bill to be mailed in November 2001, Wh--posed,the A lb re nh Fiscal Yearahall co btuteal-upon the Tax Parcels located in the Assessment A—, pursuant to the Ordinance. SECTION 3.03. PREPAYMENT AMOUNTS. (A) The Initial prepayment Amount for —1, Tax Parcel locaed within the Assessment Arse shell be shall be the amount der—b—d by (I) dividing the Frontage attributable to such Tax Pereel by the total FYontage attributable to Tex Panels within tfie Assessment Area, and (2) multiplying the result by the estimated Capital Coat of the Road Improvements; provided however. if the Adjusted Prepayment Amount —it—, a greater Adjusted Prepayment Amount than ova computed at the Maximum Rate_ then the Adjnsted Prepayment Amount shall equal the onewmpmed at the Maximum Rate- ILsuch rase.the Ciry ,hlH fond an amount lq-1 t, the difference lb-- the calculated Adjusted Prepayment Am., and the Adjusted Plljlay—.t A111--d-l-d 11 the Maximum Rate, in the City', ffi,dmg in S—i.. 1,03(J) hereof. (B) Fallowing th, initial prepayment period described it, S-i,,, 3,05 hemof, the Adj,,,b,dPt,,— A. —I shall b,,,,t equal i.1h, F,bW Prepayment A-- fi,—h Tax PaftN1, other than those T,,, Pamcls a, m which the Assessment has been prepaid. The Adjusted Plpy—hl A-111 fi., each T,,, P— shell b, —i- --lly, e, provided in S--, 3,04(1) hereof SECTION 3.04. COMPUTATION OF ANNUAL ASSESSMENTS. Theatmual Assessment shall be —phb,d foreach T. P—h,, the manner - forth in this Section 3.04. (A) DEBT SERVICE A"Debt S11- A-111 shall b, computed W each Final Year a, the 1.1- which i, payable it —p- of the Obligations in accordance -1, . debt service schedule prepared by the A.,—.tht C—di-h- (B) PREPAYMENT MODIFICATION FACTOR. A 'P,,p,"-,t Modification ­h,' shall IS, computed for each F.—J Year by dividing (I) be --i computed by htb—mg the — of the Adjusted 1h,,.- A,,,,,,, as of the d- on ,hid, the Obfigth-, arc issued by the City, for — P—,I, as W which prepayment has been -& following issuance of the Obligations. ft— (b) the i-I p'—ip,,I —.— of Obl'g.—, mnially issued by the City, by (2) the b,Ol principal —.- of Obhga,—initially --d by the City, 13 (C) MODIFIED DEBT SERVICE AMOUNT. A"MOTfied Debt Service Amount" shall be computed for each Fiscal Y—by muhiplying (1) die Debt Service Amount by (2) the Prepayment Modification Faeaor. (D) NM nl DFBTSERVICEFACf3).1, AW Annual Debi Service Fveto 1,.Ilbe computed for each Fiscal Ycar by dividing (I) the Modified Debt Service Amount by (2) the aggregate Adj-td Prepayment Amount (E) ANNU61 DEBT SERVICE COMPONENT. lTe "Annual Debt Service Component"shell be computed foreach Fisrsl Yenr foreach Tars Parcel by muhiplying(I) the Adjusted Prepayment Amount for such Tax Parcel by (2) the Annual Debt Service I`—, (F) COLLECTION COST COMPONENT. In accordance -11, the City r Commission`s finding m Section I.t)liK) hereof, the Ciry ie paying fot dtc Collcetiov Cost related to the Assessments. Accordingly,the"Collection Cost Component"shall be 50 evch Fiscal Yeer far each Tax Parcel. (0) STATLMQRYDI OjMAMOUNTThe "Stamwry Discount Amount"is the amount allowed by law as the maximum diseouat for early payments of ad valorem taxes and non -ad valorem assessme is placed onthe tax bill. In accordance—hthe Ciry Commission's finding in Ste— hereof, the City is paying for the Statutory Dismount Amount related to the Assessments. Aaordingly. the "Statutory Discount Amount" shall be $0 each Fiscal Yea for ouch Tox Parcel. (N) ASSESSMENT. The annual Assessment Coreech Tex Parcel shall be computed az the sum of(I) the Annual Debt Service Component (2)[Ae Collection Cost Componentand (3) the Statutory Discount Amonat. (I) RFVISIOYOFA_JL CT[IZPREEAYMEMAMOUM. UPeneertificationof Ne Assessment Roll for each Fiseal Year, the Adjusted Prepayment Amount for each Tax Parcel shall be recomputed by deducing (1) the Annual Debt Service Componem included on the Assessment Roll for theI'll Parcel, from (2) the Adjusted Prepayment Amount iililld to compute the annual Assessment included on the Assessment Roll for such "1'ax Parcel. SECTION 3.05. INITIAL PREPAYMENT OPTION. (A) Following adoption of the Final Assessment Resolution. [he Assessment Coordinatorshallprovide till, alas, mailed notice to[he owner ofeoch Tax Parcel subject to the Assessment of the owners option to prepay al I fumtc annual Assessments. On or prior to the dace specified m such notice (which shall not be earlier [hen th,, thirtieth calendar day following the date en which the notice is delivered to the possession of the U.S. Postal Scrvteel_ the owner of each Tax Parcel subject w the Assessment ,hall be errtidod to prepay all future annual Assessments, upon paymwt of the Initial Prepaynten, Amount- The City Commission, m its sole discretion. may elect 11 give a discount of ten percent for [hose o.smers that prepay in such period. In order to avoid an inequitable shift ofthe burden to o[her propeny owners. the City ehali forgo —bur --i in en amount equal to any diswunt provided. (e) the amount ofAl prepayiveuts made pursuant to this Scedon 3.05 shal l be final. The City shall not be required to refund any portion of a prpayment if Tte actusl Capital Cost of the Road Impsovwnents is Iess thou the estimated Capital Cost upon which such the Initial Pe yment Amount was emnp—d. (C) Any movies previously paidubd,, Resolution Nos.98-959,98-960 and 98-961 shall be applied against the Initial Prepayment Amount calculared I e der and shall be deemed to qualify for any discount offered by the City pursuant to Section 3.05(A) hereof. Any movies iv excess of the Initial Prepayment Amount (after applying any applicable dixount) AAI be returned to the property owners. SECTION 3.06. ADDITIONAL PREPAYMENT OPTION. r (A) Fallowing the date specified iv the notice provided pursuant,. Section 3-05(A) hereof .much later date as the City Commission may allow in its xle discretion, the owner of each Tex Parcel subject to the Aeaessments shall be a bti,d to prepvy all fumm unpaid ..I Asressmctitsupon pvymemofan amount equal to the Adjusted Prepayment A— for such Tax Parcel. (B) Dunng any period ---mg on the date the annual Assessment Roll is certifcd forcollection pursuant to the (lnifoem Assessment Cvlleetion Act and endingon the next datconwhich unpaid ad veloremtvxes Hecvme Delinquent.the Citynnyreducetheemwnt required to pmpay the furore unpaid annual Assessments for the Tax Parcel by the amount of the Assessment that has been cenifed for collection with respect to such Tex Parcel. 16 (C) The amount ofall prepayments made pursuant m this Section 3,06 shal l be final. The City shall not be tequired n, refbnd any ponion of a ptepny—n if(I) the Capital Cast oP the Road Improvements is 1—than the amountupon which such Adjatlad Prepayment Amount was wmputed, or (2) annual Assessments will not be imposed In, the PoII number ofy— anticipated at the time of such prepayment. SECTION 3.07. MANDATORY PREPAYMENT. (A) Ifat any time a tax ecnifeatc has been issued and remains omstanding in respect of any Tax Parcel subject —he--naent, the owner shall prepay all (vane unpaid annual Assessments for mch Tax Parcel if the City, at its sole option, elects to aceelemte the Asreu n— The amount required m prepay the Cuare unpaid annnal Auessmenis will be equal to the Adjusted Pnepayutent Amount for such Tax Parcel. (B) Dunng any period commencing oa the date the —.1 A--n, Roll is cenificd far aolleetion pursuant to the Uniform Assessment Collection Act and ending —ha next date on whichtmp.O dvaloteni taxes becomedclmque t,the City may redueetlne a mount required to prepay the future unpaid annual Assessments for the Tax Parcel by the amount of the Assessment that has been certified fora 11-ion with nespeut to such Tax Parcel. (C) The amount ofall prepaymentsmude pursuant to this Section 3.07 shall be final. The City shall not be requited to refund any ponion ofa prepaymemif (1) the Capital Cost of the Raad Improvements is less than iha amountuponwhichsuch Adjusted Na,at man, Amount vas computed. or (2) annual Assessments ail I not be imposed for the ful I number of years anticipated at the time of such prepayment. r. SECTION 3.08. REALLOCATION UPON EU'I ERE SUDDIT'ISION. (A) Upon subdivisont ofacy Tlx Parcel located-hinthe Assessment Another is subject to the Assessment and eomplinnce with the—ditiens set forth below. the Adjusted Prepayment Amount for such Tax Parcel shall be reallocated among the subdivided parcels. (R) In order to have the Adjusted Prepayment Amount for such Tex Parcel reallocated in connec— with any suelts.bdi ,ion,the-- shall beregW,,dto apply to the City and comply with each of the following conditions: (1) a recorded pint, approved site plan or comparable document mull be pd,,ded ro the City sufficient in detail to describe adequately the loeatioo oflh, Tax Parcel and the individual parcels in the proposed subdivision: (2) the Property Appraiser musthave assigned distinct a11 valorem property tax identificatiennumb—w eachindividualsubdivid,dparoel or e—Midi,, writing to assignsuch numbers prior to the next ensuing August l orany later date approved by the City that will ootpte -timely—.fi--ofihe Assessment Rol tin accordance with the Uniform Assessment Colleetioe Act; (S) at the expense afth, property owner, an appraisal must be provided by u —Ci d gd—,,I appraiser." as defined in Section 475,611(g), Florida Stat.,— approved by the City, which indicate, dte fair market value of the Tax Parcel poor to the subdivision nud the fair market value of each individual subdivided parcel; m determining the fairmarket value ofthe individual subdivided parceKtheappreisermay mke into consideration any infiestnlcture improvements lbet are then under cbnstructton if funds sufficiem for their oompietion are segued to the satisfaction of tha City Aft,rney (4) a proposed reallocation of the Adjusted Prepayment Amount to each 'individual parcel must be provided to the City: provided however, that no portion of the Adjusted Prepayment Amount may be reallocated m properly proposed far dedication b, the public or to common use of the subdivided parcels; (5) the fair market value of each separate parcel oft r the subdivision must be at lean five times the Adjusted Prepayment Amoum reallocated thereto; and (6) the propetiy owner shall pay an azsessmem reallocation fee to the City for each individual parcel rcvulting from thesubdivisibn, in an amount to be-bli,hid r by resolution of the City Commission. (C) If the owner of any Tax Parcel subject tb the Assessment subdivides mch Tax Parcel and failstb comply with dte foregoing conditions, the Cityshail reallocate the Adjusted Prepayment Amount among the subdivided parcel, based upon the land value, without improvement, assessed to each subdivided parcel by the Properly Appraiser. At its sole op--lte City may obtain a, appraisal ofib, subdivided parcels at anytimeand reallocateth, Adjusted Prepayment Amoum based upon the land valuewithom improvemems. reflected in the apprvisal. If an appraisal is obtained the cost of the appraisal will be ailowted among the subdivided parcels on the basis of the value reflected therein and added to the Adjusted Prepaymeart Amount ofthe Assessment fbreaoh subdivided parcel in the fiscal Yenr following receipt of the apprisal_ it is b—by [bond and determined that the foregoing method of r 19 reallocatingthe Adjusted Prepayment Amount among subdivided parcels is fiirand reasonabl, taking iom —,id-it— the opportunity for reallocanon available to the o.r ner and the requirement to provide adequate security for the Obhgetions- (D) N— lh—ding the foregoing, if Tax Parcel includes more than one Planed Lot and no Parcel, of Record, dte Assessment imposed against such Tax Parcel may be reallocared among the Planed Lots upon (1) eppli—i- of the owner and (2) assignment of a distinct ad valorem property tax identi Neutron numberto each Pl—d L.ot orany combination of-,,,,d Lots by the Property Appraiser. SECTION 3.09. ASSESSMENT ROLL. Thc Assessment Coordinator is hereby directed I. prepare a final estimate of the Capital Cost for the Road Improvements end to prepare the peeliminary A—,,—, Roll in the manner provided in the Ordinance. Thc Assessment Coordinator shall apportion the Project Cost among the parcels of real property with —he Assessment Area as reflected on the Tax Rollin —f—ity with Anidl 111 hereof The esimate ofC.pibil Cost andthe Asstsssmeot Roll shall be maintained on file the offices of the Avsessment Cootdinator and open to public inspection. The foregoing shall not be wn.strued to require that the Assessment Roll be in printed fomt if the nmaunt of the Assessment for each Tax Parcel can be determined by use ofa computer terminal available to tha pubhc ARTICLE IV GENERAL PROVISIONS SECTION EW. METHOD OF COLLECTION. The Assessinen¢ shell be collected pursuant to the Uulform Assessment Collecrion Act, SECTION 4.02. SEVERABILITY. If xoy clause, section or provision of this Resolut —h,L be declaredunconrtitutiattel or imvnlid for any reason ar cease, the eemnining ponion of said Resolntion shall be in full foroe nod effect end be valid xs ifsuch invalid ponion thereof had not been incorporated hereto SECTION 4.03. REPEAL OF PRIOR RESOLIII'IONS. (A) The essessinent descibed unduResolution Nos.98-959. 98-960 and 98-961 waz imtinted, but not completed pursuant to Chapter IIq Florida Statutes The assessment described under such resolutions is inconsistent with the City, desire to --It- the I process and place ell future assessments on the tax bill pursuxm to the Uniform Assessment Collection Aat. Acoordingly, Resolntion Nos.98-959, 98-960 end 9fi-96I are hereby repealed in their entirety. (B) Any liens imposed by the resolutions described it, Seetiou 4.03(A) nbavcshnll be removed Accordingly, the Assessment Coordinnmr and the City A« omey ere hereby rfireaed to file the appropriate releases. ICl Certain owners may have made pmpaymenO pursuant to the Resolutions described in Section 4.03(A) above. Accordingly, the Aueument (aordinamris hereby 21 S, 3 OS(( ) 1,1111far,d r,f d monk, to the propeery oi.ners- C 11.11.04, rn�F( - E DAI I DULY ADOPTED this 1 I'll, d, 1001. I V OF I ON(AN OOD, Fl ORIDA APPENDIX A FORM OF NOTICE TO BE PUBLISHED To Be Published June 25. 2001 JINSERT MAP OF ASSESSMENT AREAI NOTICE OF HEARING TO IMPOSE AND PROVIDE FOR COLLECTION OF SPECIAL ASSESSMENTS IN EAST STREET (PHASE I) ROAD PAVING ASSESSMENT AREA Notice ix heraby given that the City Commission ofthe City ofl.ongwood will conduct e public heating to coosidec ores— ,f the East Sit- (Phase 1) Road Paving A ---shown above, end imposthon of epecial exaessments for the coiutnictioo of road improvemeutn. The heating will be held at 7 00 P.M. ou July 1& 2001, et City Hall, 175 West W erten Avenue, Longwood, Plorida, fat the purpose of receiving public --- on the proposed Asxumtent Area and assessments. All affected property owners have a right to appear at the heating and m file w.tt-objections with the City Commission with;,, 20 days of this nouee. If a person decides to appeal any dectson made by the City Commission with respec to any man,, oousidered at the heating, meh person will need a record of the proceedings and may ueed to ensure that a verbatim record is made, Including the tesu ony and evidence upon which the appeal is to be made. In accordance with the Americans with Disabilities Act, persons ,,ceding a special aeeommodat= or an mtetpret,, to participate in this proceeding should ---he City Clerk at 40-60-3441 at least seven days prior to the date of the hearing. 'llteessessmem foceach parcel ofpropeb, will be based upon the total number ofh—] Peet of ft.-, along the streets Io be improved. A more specific desmipti- of the improvementsand the method ofcomputing tneaesessment foreoeh pr;el ofpmp,-are5et forthin the Initial Assessment R—btti- adopted by the Ci ty Commission on June I8. 2001. Copiesofthe Initial Assessment Resolution and theprelim inary Assessme (Roll are avalable for inspection ut Clty Hall, located et 175 West Wart -Avenue. Longwood. Florida. The assess.... wi 11 be colleoted -the ud vulofem tax bill, asauthorizedbySeoti- 197.3631, Florida Statutes. Failure to pay tho assessments will cause a tax—Iificate to be issued against thep,,b, which may result in a loss offf, The City Commission intends to wR- theassessmems in 15 annual instullments, the first ofwhieh will be included -the ad valorem tux bill to be mailed in November 2001, If you have any qua hors. please contact the City's Assessment Co..tim for at 407/260-3475, CITY OF LO.N'GWOOD, FLORIDA APPENDIX B FORM OF NOTICE TO BE MAILED CITY OF LONG WOOD I75 West\Varren Avenue Ldt,,-,d,Fl,Hde 32750 407/260-3440 [Prdpedy Owner Name] [s—t Address) [City, Slid and ap) Re_ Parcel Numbw[Inxert Number] East Street (Phase 1) Road Paving Assessment A— D Property Owner The City ofL,,gw,.d is nsidenngor noftho Gast Strcet(Ph-1)Road Paving Assessment Area for the c of road Impro The df dte dad imprdv will be funded by az s against propedy -thin the Asse nt Aran _ This wli,bplece theprev aslydescribed ussessmentand will result in thccremovnl of any related hens previously placed on your properly- The......meat for each panel of progeny is based apdn the total number of kneel feet of frontage along the streets to be improved. A more specific description dithe assessment program is included in the Initial Assessment Resolution adopted by the City Commission an June 18. 2001, Copies of the Initial Assessment Resolution and the preliminary Assessment Roll are available for your It City Hall Ideated at 1]5 West Warren Avenue. Longwood. Florida. Infomtation regarding the assessment for your speoife prdpedy, Ind ,,ding the number of li,i-, attached to this letter. The City intends t rally finanoethis end other assessment projects. This will permit theoost.ttribatable td your property to be amoniced over a p,,-d of l5 years. Plovse do not scud p.ymeutnow. If the assessments ere imposed, you will receive aseparate nonce of the date and place far payment. Inorder raducethe finecial impact the ewill hav pen nth, pmyow n the Assessment Area the City has decided nit rocharge any interest on the loon end fu sd ell adminis.fiw, and collection...... elated td pleeing dte assessments on the tax bill from direr City reveone sources.. Them nual as is S25.00 per lineal foot. AN—gh actual may be higher s, the City 1-decided to l im it the Assessment O this t e nT", City in ends to include annoal asaeaaments on yonr ad valorem tax bill with the first payment on the bill to bemniledin NOvember2001. F'ellur—pnyyourassessments will cause a It. cenifiente to be issued ,ti-the property which may result in a loss ofti 1, The Board Of City Commissioners wit hold a public hearing a, 7 06 I'_M_ 0v July 16. 2001. at City Hall loented at 1'15 West W.— Avenue, L—gwood, P—dn, for the pose of re vmg m n the proposed Asu--, At. and the assessments, including colleceion on the ad valorem tax bill. You ate invited to mend and participate in the public hearing or 10 f le written objections with the City Clerk -1— 20 days of this notice. If you decide tO appeal any decision made by the City Commission with respect t0 any nsidered at the hearing, you -1I need arec,,d of the proceedings and may need ro re tltet verbati Ord u made, neludivg the t Ony and evidence upon which the appeal is to be meden In ae0ordenee with the Amerieatwisr with Disabilities Act. if you need a special ac —.d,,1 bbntetpreter to participate in this proceeding, please contact the City Clerk at 40-60-3441 at least seven day; prior ut the date of the henring. Que regarding yourassessmentandthe process for collection may be directed t0 the City's Assessment Coordinator at 407/260-3425. CITY OF L.ONGWOOD, FLORIDA '*'"'SEND NO MONEY NOW. THIS IS NOT AN INVOICE" " East Slreet (Phase 1) Road Paving Assessment Area [Propeny O.vner Na—] Parcel Number (loses Number) Total number of .-I feet mtributed to propett : (Insert Number] Amount ro make full payment in discowt period. (represents l0%discount) [Insert Amoum] Prepayme tafierdisoount period: (represen¢ no discount) [Insert Amount) Nomberof rtnnuaI paymmtts: I5 Maximum annual payment. (Insert Amount] " The City has placed a $25.00 per lineal foot cap on the assessment. Acwrdingly. this represents a reducuon of S_ from the original assessment of S_. * . ` "' SEND NO MONEY NOW. THIS IS NOT AN INVOICE' • " . APPENDIXC DESCRIPTION OFPARCELSIN THE EAST STREET (PHASE I) ROAD IMPROVEMENT ASSESSMENT AREA DESCRIP'r1ON OF PARCELS IN THE EA51' STREET(PIIASE1) ROAD IMPRE' FIIENT ASSESSMENT AREA P.I. Ds Ioraced olong C- S-11 05-21-30 5 01-0000-0040 05-21-30-50 t-0W11 11150 05 21-30-5010000-0120 05-2130-527-0000-0010 05-21-30-52]-0000-0026 2421-3o o'o000-0 AI 04 2i-30-504-00" "T 04L 30-504-0000-O02C 04->130-504 o0o0 030 04-21-30-504-0000-0050 04-21-30-504-0000-,Mo C-I (RevisPsl 6-1fl-U1) CI'TV OF LONGWOOD, FLORIDA EAST STREET (PHASE I) ROAD PAVING ASSESSMENT AREA INITIAL ASSESSMENT RESOLUTION ADOPTED JUNE 18, 2001 TABLE OF CONTENTS PAGE ARTICLEI DEFIMTIONS AND CONSTRUCTION SECTION 1.01. DEFINITIONS ............................................. 2 SECTION 1 02 INTERPRETATION .. ............................. ....... fi SECTION 103, GENERAL FINDINGS.....................................7 ARTICLEE B NOTICE AND PUBLIC HEARING SECTION 2.01. ESTNATED CAPITAL COST .............................. II SECTION 2.02. ASSESSMENT ROLL ....... .............................. II SECTION 2.03, PUBLIC HEARING ...... ............................ II SECTION 2.04. NOTICE BY PUBLICATION ........................ ...... 12 SECTION 205. NOTICE BY MAIL ........................................ 12 ARTICLE III ASSESSMENTS SECTION3.01. DESCRIPTION OF PROPOSED ASSESSMENT AREA ........ 13 SECTION 3.02. IMPOSITION OF ASSESSMENTS ......................... I7 SECTION 3.03, PREPAYMENT AMOUNTS ................................ I7 SECTION 3.04. COMPUTATION OF ANNUAL ASSESSMENTS ............... 14 SECTION 3.05. IN ITIAL PREPAYMENT OPTION ........................... i6 SECTION 3,06. ADDITIONAL PREPAYMENT OPTION---- 17 SECTION 3.00 MANDATORY PREPAYMENT ......... ............... I8 SECTION 7.08. REALLOCATION UPON F=RE SUBDIVISION .. ... .... .... 19 SECTION 3 09_ ASSESSMENT ROLL ..................................... 21 ARTICLE IV GENERAL PROVISIONS SECTION 4,01_ MLTHODOFCOLLECTION .................. ...... .... ... 23 SECTION 4 U2. SEVERABILDY. ......... ...... .................. 23 SECTION 4.03. REPEAL OF PRIOR RESOLUTIONS ..................... ... 23 SECTION 4.O4. EFFECTIVE.DATE........................................ 24 APPENDIXA- FORM OF PUBLISHED NOTICE APPENDIX B - FORM OF MAILED NOTICE