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TO-DATE:Honorable Members of the. DATE: January 24, 1984 FILE: Board of County Commissioners THROUGH: Michael Wright, County Administrator SUBJECT: Final Assessment Roll 14th Avenue - 12th Street to 14th Stree- 38th Avenue - 4th Street to 6th Street FROM:C-- REFERENCES: James W. Davis, P.E._ Public Works Director DESCRIPTION AND CONDITION The paving of 14th Avenue and 38th Avenue is complete. The final cost and preliminary estimate for the work was (not including recording fee) : Final Cost/FF Prelim.Cost/FF Final Cost Prelirr.inary Estimate 14th Ave. _ $7.1168 $8.35 $23,228.71 $27,782.66 38th Ave. $5.7690 $6.07 57, $17,583.88 $19,279.64 All construction costs are under the original estimates. The 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. ALTERNATIVE AND ANALYSIS Since the final assessments to be benefited owners will be less than computed on the -preliminary assessment ro11s, the only alternative presented is to approve the final assessment rolls. RECOMMENDATIONS AND FUNDING It is recommended that the Final Assessment Rolls for the paving of 14th Avenue and 38th 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. ' MOTION WAS MADE by Commissioner Lyons, SECONDED by Commissioner Wodtke, that the Board approve the Final Assessment Rolls for the.paving of portions of 14th Avenue & 38th Avenue and authorize transmittal to the Tax Collector for collection at an interest rate of 12% per annum. 53 FEB 1 1994. BOOK 56 PAGE.' J