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/ JUN 16 193 <br />BOOK 68 FAcE 580 <br />ON MOTION by Commissioner Eggert, SECONDED by Com- <br />missioner Bird, the Board unanimously (4-0) adopted <br />Resolution 87-54 providing for the paving and <br />drainage improvements for each project just acted <br />upon, at an interest rate of 12%, and agreed to <br />allocate $245,910 from the Petition Paving Account <br />to fund this work. <br />RESOLUTION NO. 87- 54 <br />A RESOLUTION OF THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, <br />FLORIDA, PROVIDING FOR CERTAIN PAVING. <br />AND DRAINAGE IMPROVEMENTS TO NORTH AND <br />SOUTH TROPICANA DRIVE EAST OF US 1; 22ND <br />AVENUE FROM 1ST STREET SW TO 2ND STREET; <br />33RD AVENUE SW FROM 13TH STREET SW TO <br />11TH STREET SW; 126TH STREET FROM <br />ROSELAND ROAD TO ELAINE STREET; AND 37TH <br />AVENUE FROM 12TH STREET TO 14TH STREET; <br />PROVIDING THE TOTAL ESTIMATED COST, <br />METHOD OF PAYMENT OF ASSESSMENTS, NUMBER <br />OF ANNUAL INSTALLMENTS, AND LEGAL <br />DESCRIPTION OF THE AREA SPECIALLY <br />BENEFITED. <br />ti <br />Wf1ERE',AS, the County Public Works Department has received public <br />improvement petitions, signed by more than 2/3 of the owners of property for <br />some of the following streets in the herein areas and others have been <br />recommended by the Board of County Commissioners, to be specially benefited, <br />requesting paving and drainage improvements to NORTH AMID SOUTH TROPICANA DRIVE <br />EAST OF US 1; 22ND AVENUE FROM 1ST STREET SW TO 2ND STREET; 33RD AVENUE SW FROM <br />13TH STREET SW TO 11TH STREET SW; 126TH STREET FROM ROSELAND ROAD TO ELAINE <br />STREET; AND 37TH AVENUE FROM 12TH STREET TO 14TH STREET; and <br />WHEREAS, the petitions have been verified and meet the require- <br />ments of Section 11-23, Indian River County Code of Laws and Ordinances; and <br />cost estimates have been completed by the Public Works Division; and <br />WHEREAS, the total estimated cost of the proposed improvements is <br />TWO HUNDRED FORTY --FIVE THOUSAND, NINE HUNDRED '= DOLLARS ($245,910); and <br />WHEREAS, the special assessments provided hereunder shall, for <br />any given record owner of property within the area specially benefited, be in an <br />amount equal to that proportion of seventy-five percent (75%) of the total cost <br />of the project as follows: <br />(a) if the assessment is calculated by the front footage method, <br />the number of lineal feet of road frontage owned by the given owner <br />in relation:to the total number of lineal feet of road frontage within <br />the area specially benefited, and <br />38 <br />