Laserfiche WebLink
FACT SHEET <br /> <br />ROAD UNDER CONSIDERATION: SR # 1B76 Sheridan Drive <br /> <br />LOCATION: located off of Mooresville Road, northwest section of the County. <br /> <br /> Cedar Brook Acres Subdivision, township 3 <br /> <br />]. The petition wa~ formally validated on May '4, 1984 <br /> (al The number of property owners affected 13 <br /> <br /> (b) The numbe~ of property owners participating ll or 84.6 <br /> <br />2.. Footage to be paved 3524 total of both sides of the road, or <br /> <br /> 1762 linear feet (State Measure). <br /> <br /> (al Footage represented by owner participation 2793 __ft. or 79.2 %. <br /> (b) Footage insigned fo~ and to be assessed 731 ft. <br /> <br />3. Total amount of funds to be advanced to the State for. project $7,0A8.00 <br /> (al Amo~,nt to be collected from property owners $ ,5,586.00 <br /> <br /> (b) Amount to be contributed by Cabarrus County $ 1,462.00 <br /> <br /> (To be repaid to the County by tax assessment <br /> to those non-participating property owners over <br /> a five (5) year period at 8% per annum.) <br /> <br />4. The first public hearing was set by the Board of Commissioners to be held on <br /> at . At that time the Board will review <br /> the ~relating to this road paving request and determine if the County will <br /> participate financially. <br /> <br /> If approved by the Board, then a second public hearing will need to be schedoled <br /> not more than thirty (30) days on time preliminary assessment scroll and map. <br /> <br /> VALIDATED AND COMPILED BY: <br /> <br /> <br />