§ 110-601. Definitions.

When used in this article, terms shall be as defined below:

(1)

Assessed Cost shall mean the amount determined by the Governing Body to be assessed to fund all or any portion of the Project Costs within the District and may also include any costs related to creating, financing and administering the District, including but not limited to administrative costs of the Property Appraiser and Tax Collector and a reasonable amount for contingency and anticipated delinquencies and uncollectible District Assessments. The Assessed Cost shall exclude any amount to be paid from sources other than District Assessments, including but not limited to, grants, contributions, and other county funds, but may include costs related to reimbursement of funds advanced by county funds for the Project.

(2)

Assessed Property shall mean all parcels of land within the District that are included on the Assessment Roll.

(3)

Assessment Period means the number of years necessary for the County to recover the actual Project Costs.

(4)

Assessment Roll means the special assessment roll maintained by the Sarasota County Property Appraiser for the levy and collection of non-ad valorem special assessments.

(5)

Beach Restoration means the placement of sand on an eroded beach for the purposes of restoring it as a recreational beach and providing storm protection for upland properties including dune enhancement and vegetation plantings.

(6)

Board or governing body means the Board of County Commissioners of Sarasota County, Florida.

(7)

County means Sarasota County, Florida.

(8)

District means the South Siesta Key Beach Restoration District as established in this article and as may be expanded or modified from time to time.

(9)

District Assessments means non-ad valorem assessments imposed within the District to fund all or a portion of the Project Cost.

(10)

Fiscal Year means the period commencing on October 1 of each year and continuing through the next succeeding September 30 for the District, or such other period as may be prescribed by law as the Fiscal Year for the County for District Assessments.

(11)

Location Benefit means the enhanced value of the property as a result of the property's proximity to restored shoreline.

(12)

Project means Beach Restoration improvements to the Gulf Coast shoreline located within the South Siesta Key Beach Restoration District.

(13)

Project Costs means the cost of all activities associated with the completion of specific Beach Restoration services and improvements, including, but not limited to, project feasibility study and cost estimate, permitting, specification/design/bid document development and physical completion of improvements in accordance with all applicable plans, specifications, design documents, permits and contracts/purchase orders. Project Costs shall be funded, in part, by special assessments levied within the District.

(14)

Property Appraiser means the Sarasota County Property Appraiser.

(15)

Storm Protection Benefit means the enhanced protection afforded Assessed Properties from flooding and storm damage as a result of the Project.

(16)

Uniform Assessment Collection Act shall mean F.S. §§ 197.3632 and 197.3635, or any successor statutes authorizing the collection of non-ad valorem assessments on the same bill as ad valorem taxes, and any applicable regulations promulgated thereunder.

(Ord. No. 2006-076, § 3, 10-11-2006)