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If not. paid <br />in full, the <br />special assessments., may be paid <br />in five <br />equal yearly <br />installments <br />of principal plus interest. If not paid <br />when due, <br />there shall <br />be added a penalty of 1-1/2% <br />of the <br />principal not <br />paid when <br />due. The unpaid balance of the <br />special <br />assessments <br />shall bear interest at a rate of 12% from the <br />Credit <br />Date until paid. <br />5. There is presently on file with the Department of Utility Services a <br />plat showing the area to be assessed, plans and specifications, and <br />an estimate of the cost of the proposed improvements. All of these <br />are open to inspection by the public at the Department of Utility <br />Services. <br />i <br />6. An assessment roll with respect to the special assessments shall <br />promptly be prepared in connection with the special assessments. <br />7. Upon the adoption of this resolution, the Indian River County <br />Utility Services Department shall cause this resolution to be <br />published at least one 'time in the Vero Beach Press Journal before <br />. i <br />the public hearing required by Section 11-46. <br />The resolution was moved for adoption by Commissioner <br />Scurlock , and the motion was seconded by Commissioner Bowman , <br />and, upon being put to a vote, the vote was as follows: <br />Chairman Richard N. Bird Aye <br />Vice Chairman Gary C. Wheeler Aye <br />Commissioner Don C. Scurlock, Jr. Aye <br />Commissioner Margaret C. Bowman Aye <br />Commissioner Carolyn K. Eggert Aye <br />The Chairman thereupon declared the resolution duly passed and <br />adopted this 7 day of May , 1991. <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />By <br />Richard N. Bird <br />Chairman <br />89 <br />moO 3 f rlu-1. ,Z, S 1,;(% <br />