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County Attorney's Report 15. 2.

BCC Regular Meeting

Action

Meeting Date:	02/16/2017
Issue: Authorize scheduling a Public Hearing to consider an Ordinance creating the Innerarity Island Development Corporation Sewage System Improvements MSBU
From:	Kristin Hual
Department:	County Attorney's Office
CAO Approval:

RECOMMENDATION:

Recommendation Concerning the Scheduling of a Public Hearing to consider an Ordinance creating the Innerarity Island Development Corporation Sewage System Improvements MSBU

That the Board authorize the scheduling of a Public Hearing on Thursday, March 2, 2017, at 5:32 p.m. to consider an Ordinance creating the Innerarity Island Development Corporation Sewage System Improvements Municipal Service Benefit Unit.

BACKGROUND:

The proposed Ordinance will create the Innerarity Island Development Corporation Sewage System Improvements Municipal Service Benefit Unit for the purpose of providing sewage system improvements within the District.

BUDGETARY IMPACT:

The proposed MSBU assessment will defray the cost of sewage system improvements within the District based upon a fair and reasonable apportionment of the cost to all specially benefitted properties. The assessment may be paid in a single lump sum or may be amortized over a ten (10) year period at four percent (4%) interest compounded annually plus any applicable statutory administrative fees payable to the Tax Collector and Property Appraiser.

LEGAL CONSIDERATIONS/SIGN-OFF:

The proposed Ordinance was drafted by Assistant County Attorney, Kristin D. Hual, and will be advertised in the Pensacola News Journal on Saturday, February 18, 2017

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

N/A

IMPLEMENTATION/COORDINATION:

N/A

Attachments
Ordinance