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• <br />WHEREAS, any special assessment not paid within said ninety (90) day period shall <br />bear interest beyond the due date at a rate established by the Board of County Commissioners at the <br />time of preparation of the final assessment roll, and shall be payable in two (2) equal installments, the <br />• <br />first to be made twelve (12) months from the due date and subsequent 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 />Lot 8, Block A, Moreland S/D, <br />Lot 9, Block A, Moreland S/D, <br />Lot 10, Block A, Moreland S/D, <br />Lot 11, Block A, Moreland S/D, <br />Lot 1, Block B, Moreland S/D, <br />Lot 2, Block B, Moreland S/D, <br />Lot 3, Block B, Moreland S/D and <br />Lot 4, Block B, Moreland S/D <br />NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. The foregoing recitals are affirmed and ratified in their entirety. <br />2. A project providing for paving and drainage improvements to 18's Avenue <br />between 1" Place & 2nd Street (Moreland S/D); heretofore designated as Public Works Project No. <br />9606 is hereby approved subject to the terms outlined above and all applicable requirements of <br />Chapter 206, et seq. Indian River County Code. <br />The foregoing resolution was offered by Commissioner Adams <br />who moved its adoption. The motion was seconded by Commissioner r, i nn <br />and, upon being put to a vote, the vote was as follows: <br />Chairman Kenneth R. Macht <br />Aye <br />Vice -Chairman Fran B. Adams <br />Aye <br />Commissioner Caroline D. Ginn <br />Aye <br />Commissioner John B. Tippin <br />Aye <br />Commissioner Ruth Stanbridge <br />Aye <br />C.-Torch0f ice7lPetition Paving\9606 Res-Providing-magmpd 2 <br />