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0 <br />ON MOTION by Commissioner Scurlock, SECONDED by Com- <br />missioner Bird, the Board unanimously adopted Resolu- <br />tion 90-146 certifying "as -built" costs for installation <br />of a water distribution system in Summer Place, Spring <br />Place, etc. <br />RESOLUTION NO. 90- 1Q6 <br />A RESOLUTION OF INDIAN RIVER COUNTY CERTIFYING <br />"AS -BUILT" COSTS FOR INSTALLATION OF A WATER <br />DISTRIBUTION SYSTEM IN SUMMERPLACE AND SPRING <br />PLACE, AND OTHER CONSTRUCTION NECESSITATED BY SUCH <br />PROJECT; PROVIDING FOR FORMAL COMPLETION DATE, AND <br />DATE FOR PAYMENT WITHOUT PENALTY AND INTEREST. <br />WHEREAS, the Board of County Commissioners of Indian <br />River County determined that the Improvements for the <br />property located with boundaries as described in this title <br />were necessary to promote the public welfare of the county; <br />and <br />WHEREAS, on April 3, 1990, the Board held a public <br />hearing at which time and place and the owners of the <br />property to be assessed appeared before the Board to be <br />heard as to the propriety and advisability of making such <br />Improvements; and <br />WHEREAS, after such public hearing was held the County <br />Commission adopted Resolution No. 90-42, which confirmed the <br />special assessment cost of the project to the property <br />specially benefited by the project in the amounts listed In <br />an attachment to that resolution; and <br />WHEREAS_, the Director of Utility Services has certified <br />the actual "as -built". cost now .that the project has been <br />completed are less than in confirming..Resolution No. 90-42, <br />NOW,. THEREFORE,- BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: <br />10. Resolution No. 90-42 is modified as follows: The <br />completion date for.the referenced project and the last day <br />that payment may be made avoiding interest and penalty <br />charges is ninety (90) days after passage of this <br />resolution. <br />2. Payments bearing interest at the rate of 12% per <br />annum -may be made in five annual installments, the first to <br />SEP 2 5 1990 ROOF 81 4AGL 4461 <br />