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<br />RESOLUTION NO. 2007-J1.J5 <br /> <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF <br />SUNNY ISLES BEACH, FLORIDA, DECLARING THE CITY'S <br />INTENT TO IMPOSE NON-AD VALOREM SPECIAL <br />ASSESSMENTS ON PROPERTY ON ATLANTIC ISLE BENEFITED <br />BY THE CONSTRUCTION OF SANITARY SEWER <br />IMPROVEMENTS; PROVIDING AN ESTIMATE OF THE COST OF <br />SUCH SANITARY SEWER IMPROVEMENTS AND THE PORTION <br />OF SUCH COSTS TO BE INCLUDED IN THE SPECIAL <br />ASSESSMENTS; DESIGNATING THE LANDS TO BE ASSESSED; <br />PROVIDING THE MANNER AND TIME OF PAYMENT OF <br />SPECIAL ASSESSMENTS; PROVIDING THAT, UPON ADOPTION, <br />SUCH SPECIAL ASSESSMENTS SHALL BE A LIEN Ul'ON THE <br />PROPERTY ASSESSED; PROVIDING FOR THE PREPARATION <br />OF A PRELIMINARY ASSESSMENT ROLL; PROVIDING FOR <br />CERTAIN DOCUMENTS AND INFORMATION TO BE AVAILABLE <br />AT THE OFFICE OF THE CITY CLERK FOR PUBLIC <br />INSPECTION; PROVIDING FOR PUBLICATION OF THIS <br />RESOLUTION BY THE CITY CLERK; PROVIDING THE CITY <br />MANAGER WITH THE AUTHORITY TO DO ALL THINGS <br />NECESSARY TO EFFECTUATE THIS RESOLUTION; AND <br />PROVIDING FOR AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City Commission (the "Commission") of the City of Sunny Isles <br />Beach, Florida (the "City") is contemplating the imposition of special assessments to fund the cost <br />of providing sanitary sewer improvements to benefit and serve properties located on Atlantic Isles; <br />and <br /> <br />NOW, THEREFORE BE IT RESOLVED BY THE CITY COMMISSION OF THE <br />CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> <br />Section I. Decimation of Intent to Impose Special Assessment. The City of Sunny <br />Isles Beach, Florida intends to construct improvements benefiting property on Atlantic Isle (also <br />known as Atlantic Island). The improvements contemplated by the City include sanitary sewer, <br />pavement restoration of Atlantic A venue, water main improvements, drainage improvements, <br />and under grounding of existing utilities. The total estimated cost of these public improvements <br />is over $4,000,000, with $2,018,823.40 of that total for construction of the sanitary sewer <br />improvements and associated pavement restoration, All of these improvements provide <br />substantial and special benefit to properties on Atlantic Isle, but the City intends to levy non-ad <br />valorem special assessments to fund only $1,009,000, not including interest, of the sanitary <br />sewer improvements and associated road restoration costs. The remaining costs of the public <br />improvements will be funded by the City from other lawfully available levenue or by other <br />entities. <br /> <br />Res Declaring Atlantic Isles Assessments 6-] 4-07 REVISED 2 (2).DocPage 1 of 3 <br />