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1 `.A$Bulk(Final Rao.) 4/1e/97(nm4abulk)Vk/DC <br /> RESOLUTION NO. 98- 32 <br /> A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, <br /> CERTIFYING "AS-BUILT" COSTS FOR INSTALLATION OF <br /> WATER SERVICE TO SEBASTIAN AREA WATER <br /> EXPANSION PHASE I AND SUCH OTHER CONSTRUCTION <br /> NECESSITATED BY SUCH PROJECT; PROVIDING FOR <br /> FORMAL COMPLETION DATE, AND DATE FOR PAYMENT <br /> WITHOUT PENALTY AND INTEREST. <br /> WHEREAS,the Board of County Commissioners of Indian River County determined that <br /> water improvements for properties located within the area of Sebastian Phase I Water <br /> Expansion are necessary to promote the public welfare of the county;and <br /> WHEREAS, on Tuesday, August 27, 1996, the Board held a public hearing at which <br /> time and place the owners of property to be assessed appeared before the Board to be heard <br /> as to the propriety and advisability of making such improvements; and <br /> WHEREAS, after such public hearing was held the County Commission adopted <br /> Resolution No. 90-100, which confirmed the special assessment cost of the project to the <br /> property specially benefited by the project in the amounts listed in the attachment to that <br /> resolution;and <br /> WHEREAS, the Director of Utility Services has certified the actual"as-built"cost now <br /> that the project has been completed Is les then In confirming Resolution No.90.100, <br /> NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br /> COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA,as follows: <br /> 1. Resolution No. 96-100 is modified as follows: The completion date for the referenced <br /> project and the last day that payment may be made avoiding interest and penalty charges is <br /> ninety days after passage of this resolution. <br /> 2. Payments bearing interest at the rate of 6.5% per annum may be made in ten annual <br /> Installments, the first to be made twelve months from the due date. The due date is ninety <br /> days after the passage of this resolution. <br /> 3. The final assessment roll for the project listed in Resolution No. 90.100 shall be as shown <br /> on the attached Exhibit"A." <br /> 4. The assessments, as shown on the attached Exhibit "A," shall stand confirmed, and will <br /> remain legal, valid, and binding first liens against the property against which such <br /> assessments are made until paid. <br /> 5. The assessments shown on Exhibit"A,"attached to Resolutlon No.96-100, were recorded <br /> by the County on the public records of Indian River County,and the lien shall remain prima <br /> facie evidence of its validity. <br />