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RESOLUTION NO. 81-105 A RESOLUTION PROVIDING FOR THE GRADING, DRAINING, PAVING AND HARD SURFACING OF 14th AVENUE, FROM 7th STREET NORTH TO 8th STREET, DESIGNATED PROJECT NO. 8118; PROVIDING FOR THE TOTAL ESTIMATED COST OF THE PROJECT; PROVIDING FOR THE METHOD OF PAYMENT OF ASSESSMENTS BY THAT PROPERTY SPECIALLY BENEFITED; PROVIDING FOR THE NUMBER OF ANNUAL INSTALLMENTS OF ASSESS- MENTS AND PROVIDING THE LEGAL DESCRIPTION OF THE AREA SPECIALLY BENEFITED. WHEREAS, the Board of County Commissioners of Indian River County has determined that it is necessary for the public welfare of the citizens of Indian River County, and particularly as to t - those living, working and owning property within the area described in Exhibit "A", that the grading, draining, paving and hard surfac- ing of 14th Avenue, from 7th Street north to 8th Street, shall occur; and WHEREAS, it has been determined that the total estimated cost of the proposed improvements is $ 9981.81 and WHEREAS, it has been determined that 75% of the total cost of such improvements shall be assessed against the property specially benefited by the improvements; and WHEREAS, the legal description of the property specially benefited by the improvements is contained in Exhibit "A" of this Resolution; and WHEREAS, it has been determined that the special assessments shall be collected by the Office of the Tax Collector in two (2) annual installments with interest established by the Board of County Commissioners; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, AS FOLLOWS: That Project No. 8118, providing for the grading, draining, paving and hard surfacing of 14th Avenue, from 7th Street north to 8th Street, is hereby approved subject to the terms outlined above and the requirements of Ordinance No. 81-27. k Attest: DEC 16 da Wrig t, .0 r'- BOARD OF COUNTY COMMISSIONERS OF INDIO')RIVER COUNTY, FLORIDA 48 PArF3*37 Adopted: December 16, 1981