3/6/2017 2:12:36 PM
9/30/2015 4:58:38 PM
West Side Subdivision
Water Main Expansion
West Side Subdivision 5th St. SW and 43rd. Ave.
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Providing(First Reso.) 1/3(Westside)Ck <br /> RESOLUTION NO. 2003- 008 <br /> A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF <br /> INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR WATER MAIN <br /> EXPANSION TO WEST SIDE SUBDIVISION, LOCATED ON THE <br /> SOUTHEAST CORNER OF FIFTH STREET, SW, AND 43RD AVENUE, IN <br /> INDIAN RIVER COUNTY, FLORIDA; PROVIDING THE TOTAL ESTIMATED <br /> COST, METHOD OF PAYMENT OF ASSESSMENTS, NUMBER OF <br /> ANNUAL INSTALLMENTS, AND DESCRIPTION OF THE AREA TO BE <br /> SERVED. <br /> WHEREAS, the Board of County Commissioners of Indian River County has determined <br /> that the improvements herein described are necessary to promote the public welfare of the <br /> county and has determined to defray the cost thereof by special assessments against certain <br /> specially benefited properties to be serviced by a water main extension to West Side <br /> Subdivision (located on the southeast corner of Fifth Street, SW, and 43`d Avenue) in Indian <br /> River County, Florida, <br /> NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br /> COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br /> 1. The County does hereby determine that a water line shall be installed to specially benefit 16 <br /> residential lots and one commercial parcel located in West Side Subdivision (located on the <br /> southeast corner of Fifth Street, SW, and 43`d Avenue) in Indian River County, Florida <br /> ("Improvements"), and that the cost thereof shall be specially assessed in accordance with <br /> the provisions of Sections 206.01 through 206.09 of The Code of Indian River County. <br /> 2. The estimated cost for the project is $96,917.83 or $0.124184 per square foot to be paid by <br /> the property specially benefited as shown on the assessment plat on file with the <br /> Department of Utility Services. Assessments are to be levied against all lots and lands <br /> adjoining and contiguous or bounding and abutting upon the Improvements and specially <br /> benefited thereby and further designated by the assessment plat with respect to the special <br /> assessments. <br /> 3. A special assessment in the amount of $0.124184 per square foot shall be assessed <br /> against each of the specially benefited properties designated on the assessment plat. This <br /> special assessment may be raised or lowered by action of the Board of County <br /> Commissioners after the public hearing, at the same meeting, as required by the referenced <br /> County Code. <br /> 4. The special assessments shall be due and payable and may be paid in full within 90 days <br /> after the date of the as-built resolution of the Board with respect to credits against the <br /> special assessments after completion of the Improvements (the "Credit Date") without <br /> interest. If not paid in full, the special assessments may be paid in ten equal yearly <br /> installments of principal plus interest. If not paid when due, there shall be added a penalty <br /> of 1-1/2% of the principal not paid when due. The unpaid balance of the special <br /> assessments shall bear interest until paid at a rate to be determined by the Board of County <br /> Commissioners when the project is completed. <br />
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