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• <br /> As Built(Final Reso.) <br /> RESOLUTION NO. 2012- no <br /> A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, CERTIFYING <br /> "AS-BUILT" COSTS FOR INSTALLATION OF WATER SERVICE TO <br /> SHADY ACRES SUBDIVISION IN INDIAN RIVER COUNTY, FLORIDA, <br /> AND SUCH OTHER CONSTRUCTION NECESSITATED BY SUCH <br /> PROJECT; PROVIDING FOR FORMAL COMPLETION DATE, AND DATE <br /> FOR PAYMENT WITHOUT PENALTY AND INTEREST. <br /> WHEREAS, the Board of County Commissioners of Indian River County determined that <br /> water improvements for properties located in Shady Acres Subdivision in Indian River <br /> County, Florida, are necessary to promote the public welfare of the county; and <br /> WHEREAS, on Tuesday, March 6, 2012, 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. 2012-017, 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, now that the project has been completed, the Director of Utility Services has <br /> certified the actual "as-built" cost to be less than the cost in confirming Resolution No. <br /> 2012-017, <br /> NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br /> COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br /> 1. To avoid interest and penalty charges, payment may be made within ninety days after <br /> passage of this resolution (Resolution No. 2012- 110 ). <br /> 2. Payments bearing interest at the rate of 5.75% 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 date <br /> of passage of this resolution. <br /> 3. The final assessment roll for the project listed in Resolution No. 2012-017 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 /> 5. The assessments shown on Exhibit "A," attached to Resolution No. 2012-017, were <br /> recorded by the County on the public records of Indian River County, and the lien shall <br /> remain prima facie evidence of its validity. <br /> 1 <br />