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JUL 161993 <br />J G`' <br />BOOK 8:3 F'A�EJ <br />A $2.00/F.F. assessment to fund $18,568.00 is also proposed. <br />Traffic Impact Fee Revenue is not proposed for future Vero <br />Lakes Estates area road paving at this time due to other <br />priorities in District 7. <br />Paving Costs <br />In 1989, 87th Street, a collector road between CR 510 and <br />102nd Avenue (1.5 miles) was paved at a cost of: <br />Engineering (Survey) $ 20,000.00 <br />Materials 202,077.00 <br />Labor & Equipment 102,902.00 <br />Total Cost ($41.00/L.F.) $324,979.00 <br />The following Revenues were used to Fund the 87th Street <br />Paving Project: <br />M.S.T.U. Revenue $ 57,155.00 (17.6%) <br />Special Assessment ($2.00/F.F.) 26,822.00 ( 8.3%) <br />District 7 Traffic Impact Fees 30,000.00 ( 9.2%) <br />Gas Tax Revenue 115,000.00 (35.4%) <br />In Kind County Contribution 96,002.00 (29.5%) <br />$324,979.00 (100 %) <br />* M.S.T.U. Area Information <br />Number of <br />Dwelling Units <br />300 <br />(approximately) <br />Number of <br />lots in M.S.T.U. <br />5,208 <br />Number of <br />Parcel/Acres <br />4,022 <br />Number of <br />Assessed Tracts <br />3,066 <br />1990 M.S.T.U. Assessment paid by <br />Ansin Corporations: <br />Approximate <br />Approximate <br />Approximate <br />Number of <br />Number of <br />1990 M.S.T.U. <br />Acres Parcel Acres <br />Assessment <br />Miami Gardens <br />106.35 <br />159 <br />$ 2,385.00 <br />Ro-Ed Corp. <br />373.20 <br />464 <br />6,960.00 <br />Ed Ansin <br />42.8 <br />105 <br />1,575.00 <br />Coolidge Corp. <br />202.75 <br />314 <br />4,710.00 <br />725.10 <br />1,042 <br />$15,630.00 <br />(If the Assessment is increased <br />to 50.00/parcel <br />acre, the <br />estimated yearly assessment to Mr. <br />Ansin's Coprorations will <br />be $52,100.00.) <br />Estimated Project Cost . <br />3.25 miles x 5,280 ft/mile x $41.00 = $703,560.00 <br />4 <br />