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RESOLUTION NO. 92- 48 <br />If not <br />paid <br />in full, the <br />special assessments may be paid in <br />ten <br />equal <br />yearly <br />installments <br />of principal plus interest. If not <br />paid <br />when <br />due, <br />there shall <br />be added a penalty of 1-1/2% of <br />the <br />principal not paid when due. The unpaid balance of the special <br />assessments shall bear interest at a rate of 9-3/4% from the 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 />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 pub- <br />lished at least one time in the Vero Beach Press Journal before the <br />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 Carolyn K. Eggert Aye <br />Vice Chairman Margaret C. Bowman Aye <br />.Commissioner Don C. Scurlock, Jr. Aye <br />Commissioner Richard N. Bird Aye <br />Commissioner Gary C. Wheeler Aye <br />The Chairman thereupon declared the resolution duly passed and <br />adopted this 17 day of March , 1992. <br />Attest: <br />Jeffq Bart n, Clerk <br />a <br />43 <br />MAR 17 1992 <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />By XC. <br />Ca#61yn K. E <br />CFfairman <br />LOOK <br />