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RESOLUTION NO. 90-53 <br />If not paid in full the special assessments may be paid in <br />five equal yearly installments of principal plus interest. <br />If not paid when due, there shall be added a penalty of 11% <br />of the principal not paid when due. The unpaid balance of <br />the special assessments shall bear interest at a rate of 12% <br />from the Credit Date until paid. <br />.5. There is presently on file with the Department of <br />Utility Services a plat showing the area to be assessed, <br />plans and specifications, and an estimate of the cost of the <br />proposed improvements. All of these are open to inspection <br />by the public at the Department of Utility Services. <br />6. An assessment roll with respect to the special <br />assessments shall promptly be prepared in connection with <br />the specia•I assessments. <br />7. Upon the adoption of this resolution, the Indian <br />River County Utilities Services Department shall cause this <br />resolution to be published at least one time in the Vero <br />Beach Press Journal before the public hearing required by <br />§11-46. <br />The resolution was moved for adoption by Commissioner <br />Scurlock and the motion was seconded by Commissioner <br />Bowman and, upon being put to a vote, the vote was as <br />follows: <br />Chairman Carolyn K. Eggert Absent <br />Vice Chairman Richard N. Bird Aye <br />Commissioner Don C. Scurlock, Jr. Aye <br />Commissioner Margaret C. Bowman Aye <br />Commissioner Gary C. Wheeler Aye <br />The Chairman thereupon declared the resolution duly <br />passed and adopted this 1st— day of — May , 1990. <br />Attest <br />*ne .mart n, <br />�J, �6 CT <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />By <br />RICHARD N BIRD <br />Vice Chairman <br />57 <br />BOOK F'�1 �E1Q•,J <br />