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RESOLUTION NO, 2008- 029 <br />NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: <br />1. Resolution No. 2005-049 is modified as follows: The completion date for Project No. <br />0420 is declared to be February 8, 2007 and the last day that payment maybe made avoiding interest <br />and penalty charges is ninety (90) days after passage of this resolution. <br />2. Payments bearing interest at the rate of 8.25% per annum may be made in 5 equal <br />installments, the first to be made twelve (12) months from the due date and the subsequent payments <br />to be due yearly from the due date. The due date is ninety (90) days after the passage of this <br />resolution. <br />3. The assessment roll for said project listed in Resolution No. 2005-049 shall be asset forth <br />in attached Exhibit "A" to this resolution. <br />4. The assessments as shown in attached Exhibit "A" shall stand confirmed and remain legal, <br />valid, and binding first liens against the property against which such assessments are made until <br />paid. <br />5. The assessments shown in Exhibit "A", attached to Resolution No. 2005-049 were <br />recorded by the County on the public records of Indian River County, and the lien shall constitute <br />prima facie evidence of its validity. <br />F:\Engineering\Petition Paving\0420 31st 32nd Ave SW - 13th St SW to 10th St SW Grovenor Est\0420 PP Resolution As-Built-01-16-08-mjm.doc <br />