HomeMy WebLinkAbout01-161RESOLUTION NO. 01-161
A RESOLUTION OF THE BOARD OF COUNTY
COMMISSIONERS OF ST. LUCIE COUNTY, FLORIDA,
ADOPTING THE FINAL ASSESSMENT ROLL FOR THE
BECKER ROAD MUNICIPAL SERVICES BENEHT UNIT
AND CREDITING THE ASSESSED PROPERTIES AS SET
FORTH IN THE FINAL ROLL; AND PROVIDING AN
EFFECTIVE DATE
WHEREAS, on January 10, 1995, pursuant to Chapter 1-13.5 of the St. Lucie County
Code of Ordinances and Compiled Laws (the "Code"), the Board of County Commissioners for
St. Lucie County (the "Board") adopted Resolution No. 95-012 initially determining that the
creation of the Becker Road Municipal Services Benefit Unit (the "Becker Road MSBU") to fund
the cost of a project to construct a portion of a realigned Becker Road (the "Project") is in the best
interest of St. Lucie County; a copy of a map showing the boundaries of the Becker Road MSBU
is attached as Exhibit "A"; and
WHEREAS, on March 13, 1995, the City COuncil of the City of Port st. Lucie, adopted
Ordinance No. 95-14 authorizing St. Lucie County to create a MSBU within the boundaries of the
City of Port St. Lucie to construct and improve Becker Road; and
WHEREAS, on September 5, 1995, the Board adopted Resolution No. 95-164 creating
the Becker Road MSBU; and thereby, (1) adopted the Preliminary Assessment Roll for the Becker
Road MSBU which was based on the estimated costs for the Project, (2) authorized the levy of a
special non-ad valorem assessment (the "Special Assessment") within the Becker Road MSBU in
the amount set forth in the Preliminary Assessment Roll, (3) authorized the collection of the
Special Assessment by the uniform method of collection pursuant to Chapter 197, Florida Statutes,
beginning with the tax bill for1997 for a period of 20 years, and (4) authorized the County
Engineer to proceed with the Project; and
WHEREAS, on December 17, 1996 pursuant to Section 197,3632, Florida Statutes, the
Board adopted Resolution No. 96-252 which stated the Board's intent to use the uniform method
of collecting the Special Assessments levied by the Becker Road MSBU; and
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WHEREAS, on July 10, 2001, the Board reviewed the final costs for the completed
Project and determined that the fmal costs are lower than the estimated costs as set forth in the
Preliminary Assessment Roll and therefore the Special Assessments should be credited in
accordance with Section 1-13.5-7 of the Code as set forth in the Final Assessment Roll (Exhibit
"B D.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners for
St. Lucie County, Florida, as follows:
Section 1: The Final Assessment Roll for the Becker Road MSBU (Exhibit "B") is
hereby approved and confirmed and the Final Assessment Roll is substituted for the Preliminary
Assessment Roll in accordance with the provisions of Chapter 1-13.5-7 of the Code to reflect the
credits for the final Project costs.
Section 2: Except for the substitution of the Final Assessment Roll for the Preliminary
Assessment Roll, all of the findings, determinations, and actions made or taken by the Board
pursuant to Resolutions Nos. 95-012, 95-164, and 96-252, including but not limited to the
collection of the Special Assessments by the uniform method beginning with the tax bill for 1997
for a period of 20 years, shall remain in full force and effect and apply equally to the Final
Assessment Roll.
Section 3: This Resolution shall be effective upon adoption.
PASSED AND DULY ADOPTED this 10th day of July, 2001.
ATTEST:
BOARD OF COUNTY COMMISSIONERS
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APPROVE~ AS TO FORM AND
CORRECTNESS: A
EXHIBIT "A"
DESCRIPTION: BECKER ROAD MSBU
ALL OF THE RECORDED PLAT OF PORT ST. LUcIE SECTION THIRTY EIGHT AS RECORDED IN PLAT BOOK 15, PAGES 29, 29A-
29X, OF THE PUBLIC RECORDS OF ST. LUC"~ COUNTY, FLORIDA., AND TItA.TPOP,.TION OF LAND IN SECTION 34, TO'WNSN/P
37 SOUTH, RANGE 40 EAST, ST. LUCIE COUNTY, FLORIDA, LYING EAST OF THE SUNSHINE STATE PARKWAy (FLOI~IDA'S
TURNPIKE) AND LYING NORTH OF THE SOUTH PLOP. IDA WATER MANAGEMENT DISTRICT CANAL C-23, LESS THAT
CERTAIN PARCEL OF LA~D DESCRIBED IN Oi~ICIAL RECORDS BOOK 447, PAGE 2313, OF THE PUBLIC RECORDS OF ST.
LUCIE OCUNTY, FLORIDA;
TOGETHER W1TH THE FOLLOWING PORTIONS OF THE RECORDED PLAT OF PORT ST. LUCIE SECTION THIRTY NINE AS
RECORDED IN PLAT BOOK 15, PAGES 30, 30A-30NN, OF THE PUBLIC .RECORDS OF ST. LUCIE COUNTY, FLORIDA:
(IiW SECTION 21, TOWNSI~IP 37 SOI3TI:I, RANGE 40 FAST)
THAT PORTION OF TRACT 'T' AND $OUTHBEND BO~ LYING SOUTHERLY OF THE EASTI~J.¥ PROLONGATION OF
THE NORTHERLY LOT LINE OF LOT 2 OF LOCK 2684;
THAT AREA WEST OF SOUTHBEND BO~ LYING SOny OF THAT PORTION OF THE NORTHERLY LINE OF
TRACT 'W' BETWEEN THE SUNStI]NE STATE PARKWAY AND KANE LANE AND LYING SOUTHERLY OF THE SOUT[IFRLY
RIGHT-OF-WAY LINES.OF KANE LANE AND LYING SOUTHERLY OF THE SOUTHERLY RIGHT-OF-WAY LINE OF THAT
PORTION OF WESTSNOWROAD LYING EASTOF KANE LANE, LESS LOTS 1 THROUGH 7 AND THE DRAINAGE RIGItT-OF_WAY
IN' BLOCK 2695;
TRACT 'U' AND TRACT 'BB ', LESS THOSE LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 456, PAGE 2655, OF THE PUBLIC
RECORDS OF ST. LUCIE COUNTY, PIORIDA;
(IN SECTION 27, TOWNSHIP 37 SOUTH, RANGE 40 EAST)
THAT AREA LYING GENERALLY SOny OF THE FOLLOWING DESCRIBED LINE:
BEGINNING AT THE INTtSIS~ON OF THE NORTHERLY LINE OF A 100 FOOT WIDE DRAINAGE RIGHT-OF-WAY AND THE
WEST LINE OF SAID SECTION 27 (AS SHOWN IN PLAT BOOK 15, PAGE 30U); RUN THENCE SOUTHEAS~y ALONG SAID
NORTHERLY LINE TO THE END OF SAID LINE AS SHOWN ON THE PLAT; THENCE RUN SOUTHWNSTERLY I00 FEET TO A
. POINT OF CURVATURE LOCATFD ON THE NORTHERLY LINE OF TRACT 'QQ-; THENCE RUN ALONG THE SAID NORTHERLY
LINE OF TRACT "QQ-, SOUTHEASTERLY, EASTERLY, NORTHEASTERLY, SOUTHERLY AND SOUTHWES~y TO A POINT
OF REVERSE CURVATURE AND THE SOUTHERLY END OF A CURVE HAVING A RADIUS OF 114.18 FEET (AS SHOWN IN PLAT
BOOK 15, PAGES 30U AND 30V); THENCE RUN SOUTHEASTERLY ACROSS A DRAINAGE RIGHT-OF-WAy TO A POINT OF
CURVATURE AND THE EASTERLY END OF A CURVE HAVING A RADIUS OF 195.00 FEET, SAID POINT LYING GENERALLY
NORTH OF WEBB COURT (AS SHOWN IN. PLAT BOOK 15, PAGE 30V); THENCE RUN NORTHEASTERLy ALONG THE
NORTHERLY LINE OF TRACT "QQ~ A DISTANCE OF 30 FEET; THENCE RUN NORTHWESTERLY AT RIGHT ANGLES TO THE
LAST DESCRIBED LINE TO THE CF3,1TF. RI. JNE OF THE WATERS OF WINTER'S CR~K.; THENCE RUN NORTHEASTERLy ALONG
THE CENTERLINE OF THE WATER OF SAID WINTER'S CREEK TO TH~ NORTH LINE OF SAID SECTION 27;
(IN SEC'TION 28, TOWNSHIP 37 SOUTH, RANGE 40 EAST)
ALL THAT PLATrED AREA LESS THOSE LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 754, PAGE 791 AND OFFICIAL
RECORDS BOOK 456, PAGE 2655 OF THE PUBLIC RECORDS OF ST. LUCIE COUNTY, FLORIDA;
TOGETHER WITH THAT PORTION OF GOVERNMENT LOT 4 IN SECTION 22, TOWNSHIP 37 SOUTH, RANGE 40 EAST LYING
SOUTHERLY OF THE CENTERL~ OF THE WATERS OF WINTER'S CREEK;
ALL OF THE ABOVE LYING AND BEING IN THE CITY OF PORT ST. LUCIE, ST. LUCIE couNTY, FLORIDA_
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22,23
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PRO.CT BOUNO!,R¥
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CONSERVATION EASEMENT
[NOT PART OF ASSESSMENT DISTRICT)
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EXHIBIT "B"
TABLE A
ST. LUCIE COUNTY, FLORIDA
BECKER ROAD SPECIAL ASSESSMENT DISTRICT
CALCU .LATION OF FINAL SPECIAL ASSESSMENT COSTS
Gross Less: Interest Net
Item Amount (1) Allocation .(2) Amount 3)..(.~__
,Capital and Adminstrative Costs: (4)
Construction and Technical Services Costs (5)
Professional Services and Fees (6)
Encumbered/Not Expended Professional Services Fees
Subtotal Capital and Administrative Costs
.Additional Full Assessment Financing Related Costs:
Professional Services and Fees (6)
Debt Service Reserve
Capitalized Interest
Subtotal Additional Full Assessment Financing Related Costs
Grand Total Project Costs
Plus: County Tax Collector Collection Fee (8)
Total Grossed-Up for County Tax Collector Collection Fee (9)
$1,508,092.11
2,194.39
4,600.00
$1,514,886.50 ($~6,970.13) $1,417,916.37
$70,573.21
169,193.75
153,006.67
$392,773.63 $0.00 $392,773.63
=$1,907,660.13 ($96,970.13) $1,810,690.00
$36,952.86
$1,847,642.86
(1) All amounts provided by St. Lucie County staff.
(2) Total interest earnings of $96,970.13 through September 2000 provided by St. Lucie County staff.
(3) Equals Gross Amount Less: Interest Allocation.
(4) Equals costs that would be incurred if all assessments were prepaid. ,..,
(5) Includes technical services costs paid to date, plus $10,000 administrative costs.
(6) A portion of legal costs associated with the entire program ($2,194.39); a portion incurred as a result of
financing a portion of the project ($70,573.21). Includes financial advisory and related costs.
(7) Costs estimated as relating to financing a portion of the project costs.
(8) Equals Grand Total Project Costs diVided by 0.98, with the result multiplied by 2%.
(9) Equals sum of Grand Total Project Costs plus County Tax Collector Collection Fee.
Becker-SAD-Summary.xls
Final Roll
TABLE B
ST. LUCIE COUNTY, FLORIDA
BECKER ROAD SPECIAL ASSESSMENT DISTRICT
CALCULATION OF FINAL SPECIAL ASSESSMENT RATES FOR ORIGINAL BECKER ROAD SAD
Property Owner
Atlantic Gulf Communities (AGC) Corp.
St. Lucie Land Ltd.
All Others
Total
Square
Footage
(1) ($/SF) (2)
57,506,030
5,739,622
232,173
63,477,825
Discounted Amount that ShoUld
Have Been Charged if All Prepaid
Rate Total
Amount 3).~___
$0.023170
$0.019317
$0.017074
$1,332,415
110,872
3,964
$1,447,251
(1) Taken from the preliminary special assessment roll for the Original Becker Road Special
Assessment District.
(2) Rates computed such that the total value of the Total Amount equals Subtotal Capiial and
Administrative Costs from Table A divided by 0.98. Rates are scaled using the same ratios of AGC.
All Others and St. Lucie Land Ltd.: All Others as were set forth in Table 3-3 of the engineer's report
contained in the July 30, 1996 official statement.
(3) Equals Square FOotage multiplied, by respective Rate indicated.
Becker-SAD-Summary.xls
Final Roll
TABLE C
ST. LUCIE COUNTY, FLORIDA
BECKER ROAD SPECIAL ASSESSMENT DISTRICT
CALCULATION OF OVERPAYMENT REFUND AMOUNTS FOR PREPAYMENTS
~nal Owner and Parcel ID
Atlantic Gulf Communities ('AGC) Corp._.'
3420-685-1691-000/1
$420-685-1692-000/8
3420-685-1693-000/5
3420-685~1700-00018
3420-685-1701-000/5
3420-685-1702-00012
3420-685-1837-00017
9420-685-1838-000/4
~420-685-1839-000/1
1420-685-1840-000/1
Subtotal AGC Corp.
~..t. Lucie.'Land Ltd. (All 203 Parcels):
Ill Others:
;420-685-0006-000/6 (St. Lucie Co. Fire Department)
Grand Totals
Amount That Should Have Been Prepaid Overpayment
Original Becker Road SAD Total Less: 2% Net To Be
Square Amount 2% Collection Net Amount Amount Collection Amount Refunded
Foota e 1 Pre aid 1 Fee 2 to Pro'ect 3 ~ Fee_~(.~_~(6) ~
12,500 $400.25 ($8.01) $392.25 $289.63 ($5.79) $283.83 $108.41
10,000 320.20 (6.40) 313.80 231,70 (4.63) 227.07 86.73
5,392 172,65 (3.45) 169.20 124.93 (2,50) 122.43 46.76
621 19.88 (0,40) 19.48 14.39 (0.29) 14.10 5.38
14,520 464,93 (9.30) 455.63 336.43 (6,73) 329,70 125.93
14,484 463.78 (9.28) 454,50 335,59 (6.71) 328.88 125.62
11,366 363.94 (7,28) 356.66 263,35 (5,27) 258,08 98.58
10,000 320,20 (6.40) 313,80 231.70 (4.63) 227.07 86,73
10,000 320,20 (6,40) 313.80 231.70 (4.63) 227.07 86.73
10,000 320.20 (6.40) 313.80 231,70 (4.63) 227.07 88.73
$3,166.23 ($63.32) $3,102,91 $2,291.12 ($45.82) $2,245.30 $857.61
5,739,622 $153,247.91 ($3,064.96) $150,182.95 $110,872.28 ($2,217,45) $108,654,83 $41,528.12
97,574 $2,302.75 ($46.06) $2,256.70 $1,665.98 ($33.32) $1,632.66 $624,04
$158,716.89 $3,174.34 $155,542.55 $114,829 38 $2,296 59 $112,532 79 $43,009.76
~ · --,.............. ,., ~'114,~Z9.38 $2,296.59 $112,532.79 .
l) Taken from the preliminary special assessment roll for the Original Becker Road SAD.
.~) Equals 2% of the Original Becker Road SAD Amount Prepaid.
l) Equals Amount Prepaid less 2% Collection Fee.
l) Equals the Origin'al Becker Road SAD Square Footage multiplied by the respective Rates from Table B.
i) Equals 2% of the Total Amount That Should Have Been Prepaid.
;) Equals Total Amount Less: 2% Tax Collection Fee.
') Equals Original Becker Road SAD Net Amount to Project minus Amount That Should Have Been Prepaid - Net Amount. Assumes no costs will be incurred for
re, funding.
· Becker-SAD-Summary.xls Final Roll l/An/nl.'~.~(~ D~
TABLE D
ST. LUCIE COUNTY, FLORIDA
BECKER ROAD SPECIAL ASSESSMENT DISTRICT
CALCULATION OF FINAL FULL ASSESSMENT RATE
Full Amount
of Preliminary Percent
Assessment of
Assessment Rate Catego 1 Total (2)
BPR2 $1,789,987.60 66.89%
Full Amount Final Final
of Final Assessable Full
Assessment Sq. Footage Assessment
(3) (4~) Rate ~
$1,208,364 38,701,566 $0.031223
BPR3
BPRI'
Total
881,943.28 32.96% 595,372 30,546,377 .$0.019491
4,169.07 0.16% 2,814 107,806 $0.026106
$2,676,099 95 100 00% $1 80 ....
' . , O,O~U 69,355,749
(1) Taken from 8/25/99 Auditing Report "FINAL BECKER ASSESSMENT (BCK2)," "oRiGiNAL
ASSESSMENT" column.
(2) Equals Original Full Amount of Assess'ment for each category divided by Total value for all categories.
(3) Total amount equals Grand Total Project Costs - Net Amount of $1,810,690 from Table A minus the
Amount That Should Have Been Prepaid - Net Amount of $112,533 from Table C, with the difference
divided by 0.94 to allow for the County Tax Collector Collection Fee (2%) and the early payment
discount (4%).
(4) Taken from "Becker2" file with actual square footages from MIS (Property Appraiser's Office).
(5) Equals Final Full Amount of Assessment for each category divided by Assessable Square
Footage for each category.
Becker-SAD-Summary.xls
Final Roll