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directed staff to obtain all the right-of-way necessary to pave this project. Recently, the necessary right-of-way has been obtained. 500 of all right-of-way acquisition costs have been included in the assessment costs. The Public Works Department staff will meet with the homeowners at an informal meeting to be held on October 10, 1995 in these chambers. All property owners in the benefited area were sent notice for this informal meeting. 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. This Public Hearing has been scheduled for Tuesday, October 24, 1995 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 of County Commissioners. RECOMMENDATION AND FUNDING It is recommended that the Board: 1) Adopt the resolution providing for the paving and drainage improvements for the project subject to the terms outlined in the resolution. The applicable interest rate shall be determined at the time the final assessment roll is approved. 2) Allocate $447,023.62 from the Transportation Fund. 3) Adopt a resolution setting the time and place of the Public Hearing. Public Works Director Jim Davis advised that staff prepared the tentative assessment roll based on approximately $22 a front foot, but since that time some properties have been sold and some properties have been fragmented such that they do not have frontage on 1st Street SW. These properties will benefit from the paving of the road because they must use the road to access the property. In looking at it further, staff feels a per acre assessment would be more equitable and attribute a portion of the cost to that one parcel that has no frontage. Staff is recommending that the proposed resolution be changed to reflect a front footage assessment to an acreage assessment. It will only take a few minor changes in wording to accomplish that. Director Davis advised when the petition was submitted by residents in the area back in the late 1980s, it was recognized that we had a 30 -ft. road right-of-way for 1st Street SW and to accomplish the project we would need to acquire one mile of right- of-way along the section between 58th Avenue and 66th Avenue. We acquired 17 parcels from different owners and we were successful in completing all the right-of-way acquisition without going to eminent domain. Since that time, however, some of the original 19 BOOK 96 PhGE 268OCTOBER 3, 1995