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Providing(Fint Reso.) 3/25/97(ENG)RESI.MAG\gfk <br /> RESOLUTION NO.97- 138 <br /> A RESOLUTION OF THE BOARD OF COUNTY <br /> COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, <br /> PROVIDING FOR CERTAIN PAVING AND DRAINAGE <br /> BOROVEMENTS TO 9T" COURT SW BETWEEN 11Tn <br /> STREET SW & 9T11 STREET SW, PROVIDING THE TOTAL <br /> ESTIMATED COST, METHOD OF PAYMENT OF <br /> ASSESSMENTS, NUMBER OF ANNUAL INSTALLMENTS, <br /> AND LEGAL DESCRIPTION OF THE AREA SPECIFICALLY <br /> BENEFITTED. <br /> WHEREAS, the County Public Works Department has been petitioned for Road <br /> Paving end Drainage Improvement for 9a'Court SW between l I' Street SW and 9°i Street SW. <br /> WHEREAS, the construction of paving and drainage improvements by special <br /> assessment funding is authorized by Chapter 206, Section 206.01 through 206.09, Indian River <br /> County Code;and cost estimates and preliminary assessment rolls have been completed by the Public <br /> - Works Department;and the total estimated cost of the proposed paving and drainage improvements <br /> is SIXTY FIVE THOUSAND SIX HUNDRED THIRTY SEVEN DOLLARS and SEVENTY-SIX <br /> CENTS(S65,637.-26);and <br /> WHEREAS,the special assessment provided hereunder shall,for any given record <br /> owner of property within the area specially benefitted, be in an amount equal to that proportion of <br /> seventy-five percent (75%)of the total cost of the project($49,228.32)which the number of square <br /> feet owned by the given owner bears to the total number of square footage within the areas specially <br /> benefitted plus two percent (2%)of the property owner's assessment ($984.57) and twenty-five <br /> percent(25%)of the total cost of the project($16,409.44)will come from Petition Paving Account. <br /> Assessments are to be levied against all lots and lands adjoining and contiguous or bounding and <br /> abutting upon the improvements or specially benefitted thereby and further designated by the <br /> assessment plat with respect to the special assessments; and <br /> WH EREAS,the special assessment shall become due and payable at the Office of the <br /> Tax Collector of Indian River County ninety(90)days after the final determination of the special <br /> assessment pursuant to Section 206.08, Indian River County Code;and <br /> QICOMPO ip71pdAion PavinSW328 1rov 14misI)d 1 <br />