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RESOLUTION NO. 84- S4 <br />A RESOLUTION OF THE BOARD OF COUN'T'Y <br />COMMISSIONERS OF INDIAN RIVER COMM, <br />FLORIDA, PROVIDING FOR CUMIN PAVING <br />AND DRAINAGE IMPROVEMENT TO 39TH AVENUE <br />BETWEEN 10TH AND 12TH STREETS; PROVIDING <br />THE TOTAL ESTIMATED COST, METHOD OF <br />PAMM OF ASSESSMENTS, NUMBER OF MZXAL <br />INS'T'AI MF'NTS, AND LEGAL DESCRIPTION OF <br />THE AREA SPECIALLY BENEFITED. <br />WHEREAS, the County Public Works Department has received <br />a public improvement petition, signed by more than 2/3 of the owners of <br />property in the area to be specially benefited, requesting paving and <br />drainage improvements to 39th Avenue between 10th and 12th Streets; and <br />WHEREAS, the petition has been verified and meets the <br />requirements of Ordinance 81-27, and design work including cost esti- <br />mates has been completed by the Public Works Division; and <br />WHEREAS, the total estimated cost of the proposed im- <br />provements is $22,864.00; and <br />WHEREAS, the special assessment provided hereunder shall, <br />for any given record owner of property within the area specially bene- <br />fited, be in an amount equal to that proportion of seventy-five <br />percent(75o) of the total cost of the project which the number of lineal <br />feet of road frontage owned by the given owner bears to the total number <br />of lineal feet of road frontage within the area specially benefited, and <br />shall become due and payable at the Office of•the Tax Collector of <br />Indian River County ninety (90) days after the final determination of <br />the special assessment pursuant to Ordinance 81-27; and <br />MMZEA.S, Indian River County shall pay the remaining <br />twenty-five percent(25o) of the total cost of the project; and <br />WHEREAS, any special assessment not paid within said <br />ninety (90) day period shall bear interest beyond the due date at a rate <br />established by the Board of County Commissioners at the time of <br />preparation of the final assessment roll, and shall be payable in two <br />(2) equal installments, the first to be made twelve (12) months from the <br />due date and the second to be made twenty-four(24) months from the due <br />date; and <br />WHEREAS, after examination of the nature and anticipated <br />usage of the proposed improvements, the Board of County Commissioners <br />has determined that the following described properties shall receive a <br />direct and special benefit from these improvements, to wit: <br />Lots 10 thru 18, Block D; Lots 1 through 10, Block K; <br />Lots 1 thru 9, Block E; Malaluka Gardens Subdivision on <br />record in Plat Book 4 Page 10 of the Public Records of <br />Indian River County, Florida; <br />50 <br />ROfiK e.� 7 Ft!.,E 871 <br />� AUG 1 �9�4 J <br />