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Resolution No . 2013 - R2 <br /> Press Journal newspaper. <br /> 4. The total estimated cost of the proposed paving and drainage improvements is NINETY <br /> THOUSAND THREE HUNDRED NINETY EIGHT DOLLARS and NINETY THREE cents ($90,398 . 93) <br /> 5 . The special assessment provided hereunder shall, for any given record owner of property within <br /> the area specially benefited, be in an amount equal to that proportion of seventy-five percent (75 %) of the <br /> total cost of the project plus 2% collection fee ($ 1 ,355 . 98) which the number of acreage owned by the given <br /> owner bears to the total number of acreage within the areas specially benefited <br /> 6 . Twenty-five percent (25 %) of the total cost of the project ($22 , 599 . 73 ) will be paid by the County <br /> and shall come from the Petition Paving Account, <br /> 7 . Assessments are to be levied against all lots and lands adjoining and contiguous or bounding and <br /> abutting upon the improvements or specially benefited thereby and further designated by the assessment plat <br /> with respect to the special assessments . <br /> 8 . After examination of the nature and anticipated usage of the proposed improvements, the Board of <br /> County Commissioners has determined that the following described properties shall receive a direct and . <br /> special benefit from these improvement, to wit: <br /> Lots 11 through 20, Block A; Lots 11 through 20, Block B ; Lots 1 through 10, Block D ; and <br /> Lots 1 through 10, Block C ; Pine Tree Park Unit No . 1 Subdivision, Plat Book 3 , Page 38 <br /> and Lots 13 through 24, Block As Lots 12 through 22, Block Be Lots 1 through 12, Block D ; <br /> and Lots 1 through 11 , Block C : Pine Tree Park Unit No . 4 Subdivision, Plat Book 4, Page <br /> 57 . <br /> 9 . Any special assessment not paid within said ninety (90) day period shall bear interest beyond the <br /> due date at a rate established by the Board of County Commissioners at the time of preparation of the final <br /> assessment roll, and shall be payable in two (2) equal installments, the first to be made twelve ( 12) months <br /> from the due date and subsequent payment to be due by the next year. <br /> 10 . The special assessment shall become due and payable at the office of the Department of Utility <br /> Services of Indian River County ninety (90) days after the final determination of the special assessment <br /> f' :".Aataru :6 .l4rEi' .lac i5lic <br /> - 2 - <br /> w elks rniseclltarlcous%700 Pl;tee+ Rec oluii on4lrooiding 1 8 - 't :i .doc. <br />