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ORDINANCE NO. 86- 89 and subject to all provisions hereof is described as follows: Vero Shores Subdivision, Unit 1, being part of the NE 4 of the SE 4 lying East of the East Right -of -Way of U.S. Highway No. 1 in Section 31, Township 33 South, Range 40 East, and part of the SW J of the NW k of Section 32, Township 33 South, Range 40 East, part of the NW J of the SW 4 of Section 32, Township 33 South, Range 40 East, and part of the SW of the SW J of Section 32, Township 33 South, Range 40 East, according to plat of said subdivision filed in the Office of the Clerk of the Circuit Court, Indian River County, Florida, in Plat Book 5, Page 52. SECTION II. Purpose: a. This municipal service taxing unit is created for the purpose of providing street lighting at reasonable, efficient, and proper locations, within the boundaries of the unit, including the cost of engineering, construction, maintenance, easement acquisition, and any necessary supporting service or function related thereto, as may be determined by the Board of County Commissioners, and for the provision of such further services as may be lawfully authorized and determined by the Board from time to time. b. This municipal service taxing unit may fund all or any of the aforementioned services or improvements through either current year funding, tax anticipation or multi-year notes or bonds, provided any debt instrument or obligation made must be repayable solely from the revenues collected by the municipal service taxing unit pursuant to the authority and means provided by this ordinance. SECTION III. Determination of Cost of Service: The Board of County Commissioners shall determine each year the estimated costs of providing street lighting and such other services as the County Commission may provide, including capital and equipment improvements, rentals and acquisitions, and operating and maintenance 2 BOOK 6 u 1JE 7 71 DEG 2 1986