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JAN 4 1984 55 hci 7M ADDITIONAL FINAL ASSESSMENT, PETITION PAVING - 10th Ct. - 11th AVENUE The Board reviewed the following memo dated 12/27/83: TO: The Honorable Members of the DATE: December 27, 1983 FILE: Board of County Commissioners THROUGH: Michael Wright, County Administrator SUBJECT: Additional Final Assessment - Petition Paving 10th Court - 2nd Street to 4th Street 11th Avenue- 2nd Street to So. Relief Canal FROM: James W. Davis, P.E. ' REFERENCES: Public works Director . DESCRIPTION AMID CONDITIONS 10th Court and 11th Avenue have required additional asphalt to be applied. The additional cost for this extra asphalt with the previous cost data is: Preliminary Cost/FF Cost -Before Extra Asphalt/FF Additional Assessment Cost/FF 10th Court $8.012 $6.4794 $ .7215 11th Avenue $5.655 $3.7686 $ .7190 11 Preliminary Estimate Before Extra Asphalt Additional Cost of Asphalt 10th Court $26,169.25 $21,119.46 . $4,713.06 11th Avenue $26,365.20 $10,119.07 $3,970.10 It is requested that an additional assessment to the property owners be levied of approximately $.72 -per Front footage. This would result in an additional assessment of approximately $50 per lot. This additional assessment is approximately 500 of the original additional assessment of $1.41 per foot considered during the November 16, 1983 meeting of the Board of County Commissioners. All construction costs are under the original estimates. The Additional Final Assessment Rolls have been prepared and are ready to be delivered to the Clerk to the Board. Assessments are to be paid within 90 days or in two equal installments, the first to be made twelve months from the due date and the second to be made twenty-four months from the due date at the rate of interest established by the Board of County Commissioners. The due date is 90 days after the final determination of the special assessment. The interest rate shall be 12% per annum. ALTEEMUIVE AND ANALYSIS Since the final assessment to thebenefited owners will be less than computed on the preliminary assessment rolls, the only alternative presented is to approve the final assessment rolls. 1VV-00,U1415k4I�G �\ dll� 31 I►I� 6 It is recommended that the Additional Final Assessment Rolls for the paving of 10th Court and 11th Avenue be approved by the Board of County Commissioners and that they be transmitted to the Office of the Clerk to the Board for collection. 17