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Resolution No. 2006- 007 <br />($45,191.69) 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, 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, any special assessment not paid within said ninety (90) day period shall <br />bear interest beyond the due date at a rate of 7.0% established by the Board of County <br />Commissioners at the time of preparation of the final assessment roll, and shall be payable in five <br />(5) equal installments, the first to be made twelve (12) months from the due date and subsequent <br />payments to be due yearly; 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 8, Block 27; Lots 9 through 16, Block 28; Lots 9 through 16, Block <br />38; Lots 1 through 8, Block 39; Grovenor Estates Subdivision, Unit 2A, Plat Book 5, <br />Page 19. <br />F:\ENGINEERING\PETmTON PAVING\03-127 32ND AVE 15TH ST. SW TO 13TH PL SW\03-127 RESOLUTION-PROVIDING-MJM.DOC <br />2 <br />