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As Built ( Final Reso . ) Y�(reso\asbuilt)k/DC <br /> RESOLUTION NO , 2002 = 012 <br /> A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, <br /> CERTIFYING "AS -BUILT" COSTS FOR INSTALLATION OF <br /> WATER SERVICE TO THE SEBASTIAN AREA, PHASES II =D <br /> & II -E , IN THE CITY OF SEBASTIAN , FLORIDA, AND SUCH <br /> OTHER CONSTRUCTION NECESSITATED BY SUCH <br /> PROJECT ; PROVIDING FOR FORMAL COMPLETION DATE , <br /> AND DATE FOR PAYMENT WITHOUT PENALTY AND <br /> INTEREST . <br /> WHEREAS , the Board of County Commissioners of Indian River County determined that <br /> water improvements for properties located within the area of Phases II - D & II - E of the <br /> Sebastian Water Expansion Area in the City of Sebastian , Florida , are necessary to promote <br /> the public welfare of the county; and <br /> WHEREAS , on Tuesday, May 2, 2000, the Board held a public hearing at which time <br /> and place the owners of property to be assessed appeared before the Board to be heard as to <br /> the propriety and advisability of making such improvements ; and <br /> WHEREAS , after such public hearing was held the County Commission adopted <br /> Resolution No. 2000=055, which confirmed the special assessment cost of the project to the <br /> property specially benefited by the project in the amounts listed in the attachment to that <br /> resolution ; and <br /> WHEREAS , the Director of Utility Services has certified the actual "as-built " cost now <br /> that the project has been completed is less than in confirming Resolution No, 2000-055, <br /> NOW , THEREFORE , BE IT RESOLVED BY THE BOARD OF COUNTY <br /> COMMISSIONERS OF INDIAN RIVER COUNTY , FLORIDA , as follows : <br /> 1 . Resolution No. 2000455 is modified as follows : The due date for the referenced project <br /> and the last day that payment may be made avoiding interest and penalty charges is ninety <br /> days after passage of this resolution . <br /> 2 . Payments bearing interest at the rate of 4. 75% per annum may be made in ten annual <br /> installments , the first to be made twelve months from the due date . The due date is the <br /> date of passage of this resolution . <br /> 3 . The final assessment roll for the project listed in Resolution No. 2000=055 shall be as <br /> shown on the attached Exhibit "A. " <br /> 4 . The assessments , as shown on the attached Exhibit "A , " shall stand confirmed , and will <br /> remain legal , valid , and binding first liens against the property against which such <br /> assessments are made until paid . <br />