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TO: The Honorable Members DATE: November 19, 1984 FILE: of the Board of County Commissioners THROUGH: Final Assessment Roll SUBJECT: 142nd Street - Michael Wright Ercildoune Heights FROM -James W. Davis, P.E• REFERENCES: Public Works Director , DESCRIPTION & CONDITIONS The paving of 142nd Street is complete. The final cost and preliminary estimate for the work was: Final Cost/FF Prelim. Cost/FF Final Cost Prelim. Estimate 142nd St 10.9862 11.09 $17,571.12 $17,820.00 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 established by the Board of County Commissioners.' The due date is 90 days after the final determination of the special assess- ment. The interest rate shall be 1% over the Prime Rate at the time of adoption of the Final Assessment Roll. ALTERNATIVES & ANALYSIS Since the final assessment to the benefited owners is less than that computed on the preliminary assessment rolls, the only alternative presented is to approve the final assessment roll. RECOMMENDATION AND FUNDING It is recommended that the Final Assessment Rolls for the paving of 142nd Street be approved by the Board of County Commissioners and that they be transmitted to the Office of the Clerk to the Board for collection. OMB Director Barton stated the interest rate will be 122%. ON MOTION by Commissioner Bird, SECONDED by Commis- sioner Wodtke, the Board unanimously (4-0) approved the Final Assessment Roll for Project #8225 - 142nd St. between 81st St. & 110th St., Ercildoune Heights, and directed that it be transmitted for collection at an interest rate of 122%. (Said Final Assessment Roll is on file in the Office of the Clerk.) 11 L_EC 1 z 1,84 52K J