Title
Kirkwood Roadways Improvement Special Assessment (B)
Explanation
On February 28, 2000, the City Commission adopted a resolution declaring and implementing a special assessment for the Kirkwood Roadway Improvement Special Assessment. On April 10, 2000, the City Commission held the required public hearing and approved the staff recommended special assessment with the exception of reducing the special assessment installment payment annual interest rate from 8.00 to 6.00 percent. In addition, the City Commission directed the City Manager to prepare the required resolution to establish and set the special assessment.
Fiscal Note
Funds are available in the Streets, Sidewalk, and Ditch Piping Revolving Fund for the estimated $89,300.00 construction cost.
Recommendation
The City Commission adopt the resolution establishing the special assessment for the Kirkwood Roadway Improvement project in accordance with Florida Statute 170.