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Providing (First Reso.) 3/27/91(1egal)Vk/DO <br />RESOLUTION NO. 91- 43 <br />A RESOLUTION OF INDIAN RIVER COUNTY, <br />FLORIDA, PROVIDING FOR INSTALLATION OF <br />A WATERLINE EXTENSION IN MIRAFLORES (33 <br />AVENUE); PROVIDING THE TOTAL ESTIMATED <br />COST, METHOD OF PAYMENT OF ASSESSMENTS, <br />NUMBER OF ANNUAL INSTALLMENTS, AND LEGAL <br />DESCRIPTION OF AREAS SPECIFICALLY SERVED. <br />WHEREAS, the Board of County Commissioners of Indian River <br />County has determined that the improvements herein described are <br />necessary to promote the public welfare of the county and has <br />determined to defray the cost thereof by special assessments against <br />certain properties to be serviced by a waterline extension of the County <br />located in Miraflores (33 Avenue), hereinafter referred to as Project <br />No. UW -90 -21 -DS; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. The County does hereby determine that a waterline extension shall <br />be installed in Miraflores (33 Avenue), and the cost thereof shall <br />be specially assessed in accordance with the provisions of Sections <br />11-41 through 11-47 of the Code of Laws and Ordinances of Indian <br />River County. <br />2. The total estimated cost of the above-described improvements is <br />shown to be $24,036 ($1,492.92 per acre or approximately $.0343 <br />per square foot) to be paid by the property specially benefited as <br />shown on the assessment plat on file with the Department of Utility <br />Services. <br />3. A special assessment in the amount of $1,492.92 per acre shall be <br />assessed against each of the properties designated on the <br />assessment plat. This assessment may be raised or lowered by <br />action of the Board of County Commissioners after the public <br />hearing required by the referenced County Code. <br />4. The special assessments shall be due and payable and may be <br />paid in full within 90 days after the date of the resolution of the <br />Board with respect to credits against the special assessments after <br />completion of the improvements (the "Credit Date") without <br />interest. <br />-1- <br />