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F77. - <br />®EC � `u� 6 <br />Bm 66 <br />ORDINANCE NO. 86 - <br />municipal service taxing unit and subject to all provisions <br />hereof is described as follows: <br />All of the land as shown and described <br />on the Plats of Ixora Park Units 1, 2, <br />3, 4, 5, 6 and the Plat of Eastview <br />Gardens as recorded in, respectively, <br />Plat Book 6, Page 8, Plat Book 6, Page <br />39, Plat Book 6, Page 63, Plat Book 6, <br />Page 68, Plat Book 6, Page 83, Plat Book <br />7, Page 27 and P l a t Book 8, Page t all <br />as recorded in the Public Records of <br />Indian River County, Florida. <br />SECTION 11. <br />Purpose: <br />a. This municipal service taxing unit is created <br />for the purpose of providing street lighting at reasonable, <br />efficient, and proper locations', within the boundaries of <br />the unit, including the cost- of engineering, construction, <br />maintenance, easement acquisition, and any necessary <br />supporting service or function related thereto, as may be <br />determined by the Board of County Commissioners, and for the <br />provision of such further services as may be Lawfully <br />authorized and determined by the Board from time to time. <br />b. This municipal service taxing unit may fund <br />all or any of the aforementioned services or improvements <br />through either current year funding, tax anticipation or <br />multi-year notes or bonds, provided any debt instrument or <br />obligation made must be repayable solely from the revenues <br />collected by the municipal service taxing unit pursuant to <br />the authority and means provided by this ordinance. <br />SECTION III. <br />Determination of Cost of Service: <br />The Board of County Commissioners shall determine <br />each year the estimated costs of providing street lighting <br />and such other services as the County Commission may <br />provide, including capital and equipment improvements, <br />rentals and acquisitions, and operating and maintenance <br />costs and expenses, for the ensuing County fiscal year for <br />that area which is or shall be receiving street lighting or <br />2 <br />