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_ M M <br />(b) if the assessment is calculated per parcel, the potential nuiuber of <br />buildable lots which are owned by the given owner in relation to the <br />total number of parcels within the area specially benefited, and <br />WfEMM, the special assessment shall become due and <br />payable at the Office of the Tax Collector of Indian River County ninety (90) <br />days after the final determination of the special assessment pursuant to Section <br />11-34, Indian River County Code of Laws and 'Ordinances; and <br />WHEREAS, Indian River County shall pay the remaining twenty-five <br />percent(25%) of the total cost of the project; and <br />WHEREAS, any special assessment not paid within said ninety (90) <br />day period shall bear interest beyond the due date at a rate established by the <br />Board of County Commissioners at the time of preparation of the final assessment <br />roll, and shall be payable in two (2) equal installments, the first to be made <br />twelve (12) months from the due date and the second to be made twenty-four (24) <br />months from the dud &tA-t and <br />WHEREP,.S, after examination of the nature and anticipated usage of <br />the proposed improvements, the Board of County Commissioners has determined that <br />the following described properties shall receive a direct and special benefit <br />from these improvements, to wit: <br />NORTH AND SOUTH TROPICANA DRIVE EAST OF US 1 <br />Lot 1, 3 through 5, Block A, Lot 1, Lots 3 through 11, Lot <br />13, Block B, Lots 2 through 8, Block C, less north 10 feet, <br />Tropicana Homesites as recorded in Plat Book 4, Page 20 of <br />the Public Records of Indian River County, Florida; and <br />Land Only, less Buildings 5, 6, 7A, 7B, 15B, 15A, 8A, 8B, <br />11A, 12A, 12B, 19A, 19B, 20A, 20B, 21A, 21B, 22A, 22B, 23A, <br />23B, 24A, 24B, 30A, and 31A, Pelican Point of Sebastian, <br />Unit T..& II; and <br />The South 120 feet of North 130 feet of East 150 feet of <br />West 685.12 feet of South one half of Lot as in Record Book <br />52 Page 316 of the Public Records of Indian River County, <br />Florida; and <br />The South 120 feet of North 130 feet of West 150 feet of <br />East 300 feet of West 685.12 feet of South one-half of Lot 2 <br />as in Record Book 192 Page 578 of the Public Records of <br />Indian River County, Florida <br />22ND AVENUE FRCM 1ST STREET SW TO 2ND STREET <br />Lots 17 through 32, Block B, Lots 1 through 16, Block C, <br />Indian River Heights Subdivision Unit 2 as recorded in Plat <br />Book 6, Page 25 of the Public Records of Indian River <br />County, Florida <br />331D AVENUE SW FROM 13TH STREET SW TO 11TH STREET SW <br />Lots 1 through 8, Block 9; Lots 9 through 16, Block 10; Lots <br />9 through 16, Block 21; Lots 1 through 8, Block 22; Grovenor <br />Estates No. 2, as recorded in Plat Book 5 Page 18 of the <br />Public Records of Indian River County, Florida <br />37TH AVENUE FROM 12TH STREET TO 14TH STREET <br />Lots 1 through 8, Block 1; Lots 1 through 8, Block 2; Lots 1 <br />39 <br />JUN 16 1987 <br />B00F, <br />