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improvements for the roads in Floral Park Subdivision, and Ranch Estates Subdivision. This petition was received in June, 1992 and supersedes the original petition. There are presently:23 homes in Floral Park and Ranch Estates Subdivisions. Owners of 16 homes have signed the petition making 70% of the property owners, who actually live in the benefited area, and 37% of the total square footage of the benefited area, in favor of having these roads paved. They are also requesting an extension of the payment schedule from 2 years to 5 years. On February 25, 1992, at the regular meeting of the Board of County Commissioners, the Board directed the Engineering staff to meet with the property owners in the Floral Park and Ranch Estates Subdivisions to discuss the above mentioned project and to see if there was still an interest in having the roads in these subdivisions paved if the costs could be contained to meet the economic downturn. An informal meeting was held in the Commission Chambers on April 8, 1992. Approximately 15 property owners were in attendance from the Floral Park and Ranch Estates Subdivisions. A copy of the sign -in sheet is attached. At this meeting, the Engineering staff explained the preliminary costs and how each homeowner is assessed. The original assessment to pave these roads was $.25 per square foot, this was based on the construction being performed by an outside contractor. Since concern at this meeting revolved around the proposed water expansion in this area, the homeowners felt the cost for paving and drainage improvements, plus the possibility of a water assessment, was too much to manage in these poor economic times. The Engineering staff prepared another assessment roll reflecting construction cost if the Road & Bridge Division were to perform the construction using county equipment and the county's paving contractor. Another informal meeting was held on April 29, 1992, (a copy of the sign -in sheet is attached) in the Commission Chambers, to discuss the new costs. The assessment for the construction to be performed by the Road & Bridge Division is approximately $.16 a square foot. During this meeting, staff asked if someone would volunteer, and circulate a new petition to see how many people would still be interested in proceeding with the paving of these roads. All the property owners were notified of the new costs for construction by letter. Also at the meeting, the majority of those present wanted to extend the payment schedule from two years to five years. They also inquired, that if they could get a majority of the property owners who lived in the neighborhood to sign the petition, could it be brought befoZeP-the Board of County Commissioners -for a Public Hearing. Mr. Leonard W. Wilson, Sr. volunteered to circulate the petition with the stipulation that the payment schedule would be extended. A notice was attached to the petition that the homeowners are requesting that the payment schedule be extended to five years. A separate resolution will need to be adopted to hold a Public Hearing to discuss the advisability, cost and amount of the assessment against each property owner. The Public Hearing has been scheduled for Tuesday, September 1, 1992 at 9:05 A.M. in the County Commission Chambers. An assessment roll and plat has been prepared and filed with the Clerk to the Board. 78 J U L 28 1992 BODS( f, � �