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Yl <br />Resolution No. 2007-092 <br />($54,813.45) will come from the Petition Paving Account. Assessments are to be levied against all <br />lots and lands adjoining and contiguous or bounding and abutting upon the improvements or <br />specially benefited thereby and further designated by the assessment plat with respect to the special <br />assessments; and <br />WHEREAS, any special assessment not paid within said ninety (90) day period shall <br />bear interest beyond the due date at a rate established by the Board of County Commissioners at the <br />time of preparation of the final assessment roll, and shall be payable in five (5) equal installments, <br />the first to be made twelve (12) months from the due date and subsequent payments to be due yearly; <br />and <br />WHEREAS, the special assessment shall become due and payable at the office of <br />the Department of Utility Service of Indian River County ninety (90) days after the final <br />determination of the special assessment pursuant to Section 206.08, Indian River County Code; and <br />WHEREAS, after examination of the nature and anticipated usage of the proposed <br />improvements, the Board of County Commissioners has determined that the following described <br />properties shall receive a direct and special benefit from these improvement, to wit: <br />Lots 1 through 15, Block D; and Lots 16 through 30, Block A; Vero Beach <br />Homesites Subdivision, Plat Book 3, Page 33. <br />F:\ENGINEERING\PETITION PAVING\0522 1ST RD. FROM 32ND AVE. TO 35TH AVE\0522 RESOLUTION-PROVIDING-MJM.DOC <br />2 <br />