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The Board reviewed the following memo dated 613/87: <br />TOTHE HONORABLE MEMBERS OF D/t�TE; June 3, 1987 FELE: <br />THE BOARD OF COUNTY COMMISSIOI�IERS -- <br />THROUGH: <br />Charles P. Balczun <br />Coun A ini ator Public Hearing to consider <br />SUBJECT: resolution providing for the <br />1ph N. Brescia, P.E. paving Florida Ridge S/D <br />County Engineer <br />Aa. 0"7 <br />Michelle A. Terry <br />FROM: civil Engineer REFERENCES: <br />A petition with signatures from 53% of the property owners was <br />received for the paving and drainage improvements for the following: <br />Florida Ridge Subdivision <br />Total L.F. Total # Parcels <br />Total Cost <br />Cost to Cost to <br />Prop. -Owner County <br />10,275 222 $308,250.00 $231,188.58 $77,060.64 <br />A Preliminary assessment roll has been prepared for the paving and <br />drainage improvements. The total cost of this project is approximately <br />$308,250.00. There is approximately $112,276.91 as of June 19, 1987 in <br />the FY86-87 budget for Petition Paving, Account No. 703-214-541-035.39. <br />As money from other roads is replenished to the Petition Paving Account, <br />these roads will be paved. <br />Also, advertisement of the public hearing and notification to the <br />property owners has been performed. <br />RECOMMENDATION AND FUNDING <br />After consideration of the public input provided at the public <br />hearing, it is recommended that motions be made to: <br />1) Adopt resolution providing for the paving and drainage- improvements <br />for this project, subject to the terms outlined in the resolution. <br />The applicable interest rate shall be 12% at the time the final <br />assessment roll is approved. <br />2) Approve preliminary assessment roll including any changes made as <br />a result of the public hearing. <br />3) Allocate 308,250.00 from the Petition Paving Acct. to fund this <br />work. <br />4) Roads will be paved as surveys and plans are completed. Road & <br />Bridge or an independent contractor will do paving. <br />�_- 25a BOOK <br />JUL � . ���� <br />L- <br />