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acres, that is considered two parcel/acres, and so forth. <br />Basically, the per parcel/acre charge is calculated by dividing <br />the budget that is developed by the number of parcel/acres within <br />the District. The budget was determined after the public hearing <br />that was held on July 16 for the improvements that were requested. <br />Mr. Cooper still maintained that his property would not <br />benefit from the project, and Director Davis reiterated that he <br />would benefit by the comprehensive drainage improvements. The <br />actual cost of the drainage program is approximately half of the <br />cost of the project. Usually, when you pave a road, the actual <br />cost of road materials within the 70' right-of-way, or whatever <br />right-of-way you are working with, translates into about one half <br />the cost of the project. Putting in drainage pipes, grading <br />swales and the related work accounts for 500 of the budget. The <br />Vero Lake Estates MSTU is only one of several revenue sources that <br />we are blending to make the paving project feasible. Other <br />revenues are coming from a front footage assessment along those <br />roads that are being paved because the philosophy is that if you <br />live right on that road that is to be paved, you receive a little <br />more benefit in that you don't have the inconvenience of traveling <br />on a portion of unpaved road to access your property. <br />Commissioner Scurlock asked if there is an equalization board <br />in situations such as this, and Attorney Vitunac advised that this <br />is it. Tonight's meeting is one of the two public hearings on the <br />special assessment. The final budget hearing will be held next <br />Wednesday, September 11, at 5:01 P.M. The Board has to declare <br />that there is a benefit more than the assessment by having <br />improved drainage and/or having a paved road near your home. <br />Director Davis felt that the entire area is going to benefit <br />from the program that has been put together for this year and the <br />following year. <br />Richard Cook, owner of a 5 -acre parcel in Less Pine Lake <br />Estates, was opposed to the increased assessment. He disagreed <br />21 <br />SEP 5 MI <br />�Ufi� F,q,r.Ju <br />