Fort Walton Beach Resolution — 05-34-Stokes Avenue Final Assessment Roll — reading text

o o Resolution 05- 34 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH RELATING TO STOKES AVENUE PUBLIC IMPROVEMENTS AND ASSESSMENT; SETTING THE PERCENTAGE RATE TO 5% AND NUMBER OF ANNUAL INSTALLMENTS TO 20 YEARS FOR DEFERRED PAYMENT OF ASSESSMENTS; SPECIFICALLY EXCLUDING FROM THE PROJECT ASSESSED COSTS OF CITY STAFF TIME AND ATTORNEY FEES FOR A TOTAL PUBLIC IMPROVEMENT SPECIAL ASSESSMENT OF $ 222, 049.82; APPROVING THE FINAL ASSESSMENT ROLL FOR WATER, SANITARY SEWER, STREET AND DRAINAGE IMPROVEMENTS IN STOKES AVENUE IN THE CITY OF FORT WALTON BEACH; PROVIDING FOR AN EFFECTIVE DATE HEREOF. WHEREAS, the City Council of Fort Walton Beach passed Resolutions 05- 13 and 05- 32 determining public improvement by special assessment; declaring water, sanitary sewer, street and drainage improvements in Stokes Avenue in the City of Fort Walton Beach; and WHEREAS, a Public Hearing was properly advertised and held before the City Council on October 25, 2005. WHEREAS, following the Public Hearing the City Council met as an Equalizing Board to hear and consider any and all complaints as to the special assessments and so adjusted and equalized the assessments on a basis ofjustice and right. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA: SECTION I: The interest that will accrue on the unpaid balance of each special assessment is established at a rate of five percent ( 5%) per annum. SECTION II: Each special assessment may be paid In twenty ( 20) equal annual installments. SECTION III: The special assessment specifically excludes costs of City staff time and attorney fees for a total public improvement special assessment of $222,049.82. SECTION IV: The City of Fort Walton Beach approves and establishes the special assessment district for the water, sanitary sewer, street and drainage improvements in Stokes  o o Avenue in the City of Fort Walton Beach, so equalized, in accordance with the Final Assessment Roll ( Exhibit " A"), and designated by the Final Assessment Plat ( Exhibit " B"), which are attached and made a part hereof. SECTION V: This resolution shall take effect upon approval by City Council and signature by the Mayor. ADOPTED: ,// m..// Af~/J ~ cJms- MAYOR: ~ ~ MIKE ANDERSON ATTEST: HELEN L~ EN R,CITY CLERK Approved as to form and legal sufficiency. T~ RAl~~ Y DIBPOSrrION  o o FINAL ASSESSMENT ROLL FOR STOKES AVENUE WATER, SEWER, STREET AND DRAINAGE IMPROVEMENTS BY FRONT and SQUARE FOOTAGE TWENTY ANNUAL INSTALLMENTS @ 5% PER ANNUM EXCLUDES CITY STAFF AND ATTORNEY COSTS) October 26, 2005 LM OKALOOSA COUNTY ADDRESS FRONT PAVING & DRAINAGE SQUARE WATER & SewER OWNER AND ADDRESS LOCID PARCEL ID NUMBER OF FEET IMPROVEMENTS FEET IMPROVEMENTS TOTAL NO. PROPERTY $ 113.31460 $ 0. 076056 PER FRONT FT PER SQUARE FT Stokes Investments, Inc. 200 - 202 P. O. Box 249 12112 08- 2S- 24-0000- 0004- 003A Stokes Ave. NW 165.00 $ 18,696. 91 24, 626 $ 1, 872. 96 $ 20,569.87 FWB, FL 32549 753 Lovejoy Rd. NW George R. &Rebecca B. Smith 204 701 Anchors St. NW 2116 08- 2S- 24-0000- 0004- 0070 Stokes Ave. NW 84. 33 $ 9,555. 82 12,586 $ 957.24 $ 10,513.06 FWB, FL 32548 Lovejoy Ventures 686, 27220 206 - 208 o James R.Stokes c/ 2250, 2630 08- 2S- 24-0000- 0004- 0050 Stokes Ave. NW 119.33 $ 13, 521. 83 35,620 $ 2,709. 11 $ 16,230.94 9 Miracle Strip Pkwy. SW 1948, 1324 FWB, FL 32548 27222 Stokes Investments, Inc. 210 - 212 P. O. Box 249 22020 08- 2S- 24-0000- 0004- 0090 Stokes Ave. NW 119.33 $ 13,521. 83 35,620 $ 2,709. 11 $ 16, 230.94 FWB, FL 32549 Poldon Inc. 214 - 218 o 768 Beal Pkwy. Suite AQ c/ 22022 08- 2S- 24-0000- 0004- 0080 Stokes Ave. NW 172.01 $ 19,491. 24 71, 240 $ 5,418.23 $ 24,909.47 FWB, FL 32547 AI P. Qualls, Jr. 220 o 768 Beal Pkwy. Suite AQ c/ 22024 08- 2S- 24-0000- 0004- 0000 Stokes Ave. NW 61. 35 $ 6,951. 85 423,600 $ 32,217. 32 $ 39, 169. 17 FWB, FL 32547 James C. Patterson 207 - 217 37 Pryor Rd. SE 22018 08- 2S- 24-0000- 0004- 001 ~ Stokes Ave. NW 441. 53 $ 50,031. 80 129,462 $ 9,846.36 $ 59,878.16 FWB, FL 32548 Cathedral of the Holy Spirit at 201 - 205 Lighthouse of Faith Christian Ctr, Inc 2802 08- 2S- 24-0000- 0004- 00 1 0 Stokes Ave. NW 250.00 $ 28,328. 65 81, 776 $ 6,219. 56 $ 34,548.21 P. O. Box 193 26738 755 Mary Esther, FL 32569 Lovejoy Rd. NW TOTAL 1,412. 88 $ 160,099.93 814,530 $ 61, 949.89 $ 222,049.82 RESOLUTION 05- 34 EXHIBIT "A"  o o r---------------------------------- RESOLUTION 05- 34 EXHIBIT " B" STOKES AVENUE WATER, SEWER, PAVING AND DRAINAGE IMPROVEMENTS FINAL ASSESSMENT PLAT to 10/28/ 05 lOG 1HIS IS NOT A SURVEY SCALE IN FEET 100' o 100' 200' AL P. QUALLS 08- 25- 0004-0000 0000- 24- 423.800 SQ. FT. FRONT "' 81.~' 1220 R- 50.00' cS I L- 11. 35' ,,\, ! 5O.00': r--------------------,:;:? R L: 50 00' ~ 120. 51' : y .....~) R- L- 50.00' : 131. 86' 115 08- 25- POLDON. INC. 0000-0004-0080 24-