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Item C04' CM ounty of onroe BOARD OF COUNTY COMMISSIONERS  Mayor Heather Carruthers, District 3 Mayor Pro Tem George Neugent, District 2 TheFloridaKeys Danny L. Kolhage, District 1 David Rice, District 4 Sylvia J. Murphy, District 5 County Commission Meeting August 17, 2016 Agenda Item Number: C.4  Agenda Item Summary #1892 BULK ITEM: DEPARTMENT: Yes Budget and Finance TIME APPROXIMATE:STAFF CONTACT: Christina Brickell (305) 292-4466 N/A AGENDA ITEM WORDING: Approval to close Fund 172, Cudjoe-Sugarloaf MSTU, and instruct the Clerk of the Court to transfer remaining residual funds (approximately $5.00 remains) To Fund 312, Cudjoe Regional Wastewater Project. ITEM BACKGROUND: Fund 172 Cudjoe-Sugarloaf MSTU was created by Ordinance #038-2004 and amended by Ordinance #010-2005 in order to levy and collect additional ad valorem taxes for Cudjoe-Sugarloaf The purpose of the Ordinances was to create a municipal service taxing unit to fund the provision of municipal services associated with the administration, planning and development of wastewater and reclaimed water projects within the municipal service taxing unit. The imposition of ad valorem taxes terminated on September 30, 2010. PREVIOUS RELEVANT BOCC ACTION: Ordinance 038-2004 was adopted by the BOCC on December 15, 2004. Ordinance 010-2005 was adopted by the BOCC on May 18, 2005. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval. DOCUMENTATION: Fund 172 CAFR page and Fund Balance Report FINANCIAL IMPACT: Effective Date: Expiration Date: 4EGOIX4K ' Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: If yes, amount: Grant: County Match : Insurance Required: Additional Details: REVIEWED BY: Christine Limbert Completed 08/03/2016 10:47 AM Cynthia Hall Completed 08/03/2016 11:46 AM Tina Boan Completed 08/03/2016 12:05 PM Kathy Peters Completed 08/03/2016 12:32 PM Board of County Commissioners Pending 08/17/2016 9:00 AM 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K