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BOOK 67 r,�,U s TO: THE HONORABLE MEMBERS OF DATE: FEBRUARY 18, 1987 FILE: THE BOARD OF COUNTY COMMISSIONERS THROUGH: Charles P. Balczun Coun min ' - ator SUBJECT' �?�`� • 37th Avenue between 10th Street a p N. rescia, P.E, and 12th Street County Engineer 'y/ FROM: Michelle A. Terry REFERENCES: Civil Engineer DESCRIPTION AND CONDITIONS The paving of 37th Avenue between 10th Street & 12th Street is complete. The final cost and preliminary estimate for the work is: Final Cost/FF Prelim. Const/FF Final Cost Prelim. Est. 1) 37th Avenue $9.5908 $11.1268 $22,845.34 $35,338.72 All construction costs are under the original estimate. The Final Assessment Roll has been prepared and is 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 an interest rate of to over the Prime Rate established by the Board of County Commissioners. The due date is 90 days after the final determination of the special assessments. ALTERNATIVES AND ANALYSIS Since the final assessment to the benefited owners will be less than computed on the preliminary assessment rolls, the only alternative presented is to approve the final assessment rolls. RECOMMENDATION AND FUNDING It is recommended that the Final Assessment Rolls for the paving of 37th Avenue be approved by the Board of County Commissioners and that they be transferred to the Office of the Clerk to the Board for collection. ON MOTION by Commissioner Eggert, SECONDED by Com- missioner Bird, the Board unanimously approved the Final Assessment Roll for the paving of 37th Avenue between 10th Street and 12th Street and directed that the Roll be transferred to the Office of Clerk to the Board for collection at a rate of 1% over the Prime Rate as of today's date, or 81%. (ROLL ON FILE IN OFFICE OF CLERK TO BOARD) 10