10/18/1988 - Laserfiche WebLink

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TO: William G. Collins, II Acting County Administrator THROUGH: James W. Davis, P.E. Public Works Director_T vim FROM: Michelle A. Terry, CE Civil Engineer SUBJECT: Final Assessment for Ercildoune Heights Subdivision North Half and South Half DATE: September 30, 1988 DESCRIPTION AND CONDITIONS The paving of the above subdivision has been completed. Listed below is a comparison of the preliminary estimate and the final costs to the homeowners. It is noted that all construction cost are under the original estimates: South Half North Half Prelim. Est. $112,370.75 $ 72,342.45 Final Cost $112,342.01 $ 72,324.73 The final assessment roll has been prepared and is ready to be delivered to the Tax Collector. 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 12% established by the Board of County Commissioners. Thedue date is 90 days after the final determination of the special assessment. 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 the North and South sit halts of Ercildoune be approved by the Board of County Commissioners and that they be transferred to the Tax Collector's office for collection. - Funding to be from the Petition Paving Account #173-214-541. ON MOTION by Commissioner Wheeler, SECONDED by Com- missioner Eggert, the Board unanimously approved the Final Assessment Roll for the paving of the North and South Half of Ercildoune Heights Subdivi- sion and directed that it be transferred to the Tax Collector's Office for collection. COPY OF SAID ASSESSMENT ROLL ON FILE IN THE OFFICE OF CLERK TO THE BOARD. • 34 OCT 1 8 1988 F',EE 554