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32ND TERRACE SOUTH OF 8TH ST. (SUBURBAN ACRES) <br />The Board reviewed memo of Civil Engineer Terry: <br />----------------------------------------------------------------- <br />TO: Charles P. Balczun ^ �/ <br />Coun Ai trator FROM: Michelle A. Tre�i'y, CE <br />lie <br />THROUGH: R ph N. escia, P.E., <br />Civil Engineer <br />Gqunty Engineer, J <br />SUBJECT: 32nd Terrace South of 8th Street (Suburban Acres) <br />DATE: August 9, 1988 <br />----------------------------------------------------------------- "- <br />DESCRIPTION AND CONDITIONS <br />The paving of 32nd Terrace South of 8th Street in Suburban - <br />Acres is complete. The final and preliminary estimate for the <br />work is: <br />Final Prelim. <br />Cost/per Cost/per <br />Parcel Parcel Final Cost Prelim. Est. <br />32nd Terrace $657.41 $750.00 $10,518.61 $12,000.00 <br />This project was initially presented to the Board of County <br />Commissioners in June 1986. At that time the board authorized <br />staff to proceed with scheduling the Special Assessment project <br />of reconstruction of 32nd Terrace. The funding would be 100 <br />Special Assessment and the County would accept this privately <br />dedicated road for maintenance. <br />All construction costs are under the original estimate. The <br />final assessment roll has been prepared and is ready to be <br />delivered to the Clerk to the Board. Assessments are to be paid <br />within 90 days or in two equal installment, the first to be made <br />twelve months from the due date and the second to be made <br />twenty-four months from the due date. at an interest rate of 122-, <br />established by the Board of County Commissioners. <br />ALTERNATIVES AND ANALYSIS <br />Since the final assessment to the benefited owners will be <br />less than computed on the preliminary assessment rolls, the only <br />alternative presented is to approve the final assessment rolls. <br />RECOMMENDATION <br />It is recommended that the final assessment roll for the <br />paving of 32nd Terrace be approved by the Board of County <br />Commissioners and that they be transferred to the Office of the <br />Clerk to the Board for collection. <br />ON MOTION by Commissioner Eggert, SECONDED by Com- <br />missioner Bird, the Board unanimously (4-0) approved <br />the Final Assessment Roll for the paving of 32nd <br />Terrace (Suburban Acres) and authorized its transfer <br />to the Office of the Tax Collector, for collec- <br />tion at an interest rate of 12%. <br />COPY OF FINAL ASSESSMENT ROLL ON FILE IN THE OFFICE OF CLERK TO <br />THE BOARD. <br />AUG 3 1988 98 BOOK 7 T,,o l 596 <br />