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RESOLUTION NO. 88- 100 <br />A RESOLUTION OF INDIAN RIVER COUNTY PROVIDING FOR: <br />SPECIAL ASSESSMENTS FOR <br />GRINDER POIRPS FOR—TRE RUCKR I DGE <br />AREA SANTTARt4—SER—SVSTEM TE.P.A.PROJECT <br />C17 07060jDES•TGNATED AS PROTECT—US=-67 CCS <br />WHEREAS, the Board of County Commissioners of Indian <br />River County has determined that the improvements herein <br />described and, to defray the cost thereof and in connection <br />therewith, the special assessments against the properties <br />hereinafter described, all of which relate to. Project No. <br />US87-08-CCS, are necessary to promote the public welfare of <br />the county, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. The County does hereby determine that a low <br />pressure grinder pump system shall be installed in <br />approximately 404 properties designated on the assessment <br />plat with respect to the special assessments, and the cost <br />thereof and in connection therewith shall be specially <br />assessed in accordance with the provisions of §11-42 through <br />§11-47, of the Code of. Laws and Ordinances of Indian River <br />County. Provisions of the U.S. Environmental Protection <br />Agency (EPA) Grant, Project No. C120502060 shall also apply. <br />2. The total estimated cost of the above-described <br />improvements is shown to be $881,879, but the total cost has <br />been reduced by state and federal grants in the amount of <br />$599,079, resulti,pgs,in an assessed cost of $282,800 ($700 <br />per unit) to be paid by the property specially benefited. <br />3. A special assessment in the amount of $700 shall be <br />assessed against each of the 404 properties designated on <br />the assessment plat. <br />4. The special assessments shall be due and payable <br />and may be paid in full within 90 days after the date of the <br />resolution of the Board with respect to credits against the <br />special assessments after completion of the improvements <br />(the "Credit Date") without interest. If not paid in full <br />54 <br />OCT 1 X988 fkooli 74 FA E 498 <br />