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ROAD UNDER'CONSiDERATION: SRO, I~56; Hardwood Lane <br /> <br /> This unpaved road is located in [ovmship <br /> four (4) in £he Spring Valley 14obile Home <br /> Subdivision off Barr Road. <br /> <br />1. The petition was formally validated on'May 1!, 1981. <br /> <br /> (a) The number of property o%,~ers affected 27 <br /> <br /> (b) The number of properny o~ers participating 23 or 85.1% <br /> <br /> 2. Footage to be paved 4,360 ft. total of both sides or the road <br /> or H--~-~-8~-- --- linear feet.(State Measure) <br /> (a) Footage represented by o~ner participation 3,640.30 ft. or 83.4 <br /> <br /> (b) Footage unsigned for and to be assessed 719.70 ft. <br /> <br />3. Total amoun[ of funds no be advanced to the state for project $8~720.00 <br /> <br /> (a) Amount to be collected from property owners $7,280.60 <br /> <br /> (b) Amount to be contributed by Cabarrus County $1,439.40 <br /> (To be repaid to the County by tax assess- ment to those non-participating property <br /> owners over a five (5) year period at <br /> 12% per annum) <br /> <br />4. The First public hearing was set by the Board of Commissioners to <br /> be held on June 15, 1981 at 7:30 P.M. At that time the Board will <br /> review the facts relating to nhis road paving request and determine <br /> if the County wi!! participate financially. <br /> <br /> If approved by the Board, then a second public hearing will be need <br /> to be scheduled in thirty (30) days on the preliminary assessment <br /> roll and the map. <br /> <br /> COMPILED BY: ' .~p e~.~,~ t~ <br /> <br /> <br />