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Item C12 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: December 18, 2002 Division: Management Services Bulk Item: Yes X No Department: Administrative Services AGENDA ITEM WORDING: Approval to solicit proposals for a Tax Anticipation Note for the Breezeswept Beach Estates Municipal Service Culvert District in an amount not to exceed $137,000 + interest. ITEM BACKGROUND: The district allows for the levy of a special assessment to fund the cost of acquisition of land and installation of a culvert to improve the water quality of the seventeen canals within the district. This Tax Anticipation Note will allow Monroe County to proceed with the work anticipating the receipt of the special assessments. PREVIOUS REVELANT BOCC ACTION: On September 4,2002, the BOCC approved an ordinance creating the district contingent upon approval of the referendum. The referendum was approved on the November ballot. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: Approval TOTAL COST: BUDGETED: Yes No COST TO COUNTY: REVENUE PRODUCING: Yes No AMOUNT PER MONTH Year APPROVED BY: County Arty _ OMB/Purchasing X Risk Management - - DIVISION DIRECTOR APPROV AL:# . .J~e-! -:( James L. Roberts DOCUMENTATION: Included To Follow Not Required_X_ DISPOSITION: AGENDA ITEM # C~J _ /" Revised 2/27/01