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i <br />1. After deducting the amount of the applicable state and federal grants, <br />the actual cost of the improvements to be paid by the special assessments is in <br />excess of $527,500. <br />2. Accordingly, no credit shall be given against each special assessment <br />with respect to the improvements and each special assessment shall be in the <br />amount of $1,250 ($527,500 divided by 422 properties). <br />3. The special assessments shall be payable as provided in Resolution No. <br />88-102. <br />4. This Resolution is adopted pursuant to Section 11-47, Indian River <br />County Code. <br />5. All resolutions or parts of resolutions in conflict herewith are hereby <br />repealed. <br />6. This Resolution shall take effect immediately upon its adoption. <br />The foregoing Resolution was moved for adoption by Commissioner <br />Scurlock , and the motion was seconded by_ Commissioner B i rd <br />and, upon being put to a vote, the vote was as follows: <br />Chairman Carolyn K. Eggert gY„P- <br />Vice-Chairman Richard <br />N. <br />Bird <br />Commissioner Margaret <br />C. <br />Bowman <br />Aye— <br />Commissioner Don C. Scurlock, Jr. A,_yp <br />Commissioner Gary C. Wheeler Am_ <br />The Chairman thereupon declared the Resolution duly passed and adopted this <br />20 day of February , 1990. <br />ATTEST: <br />e r Vartonj <br />rki.�c�•v <br />(SEAL) <br />APPROVED AS TO FORM AND <br />LEGAL SUFFIC�IENCY_� <br />Charles P. Vitunac, <br />Attorney for the County <br />FEB 1999 <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />By <br />1—d— <br />.Carolyn - Eggert Oairman <br />Indian Riva Ca <br />Approved Date <br />Admin. <br />Legal <br />Budget <br />Dept. <br />Risk Mgr. <br />F' -! o'er <br />BOOK <br />