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• <br />L <br />If not paid in full, the special assessments may be paid in five <br />equal yearly installments of principal plus interest. If not paid <br />when due, there shall be added a penalty of 1-1/2% of the <br />principal not paid when due. The unpaid balance of the special <br />assessments shall bear interest at a rate of 12% 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 <br />published at least one time in the Vero Beach Press Journal before <br />the public hearing required by Section 11-46. <br />The resolution was moved for adoption by Commissioner <br />Wheel er Bowman <br />, and the motion was seconded by Commissioner <br />and, upon being put to a vote, the vote was as follows: <br />Chairman Richard N. Bird <br />Vice Chairman Gary C. Wheeler <br />Commissioner Don C. Scurlock, Jr. <br />Commissioner Margaret C. Bowman <br />Commissioner Carolyn K. Eggert <br />Ay e <br />Ay e <br />Absent <br />Ay e <br />Absent <br />The Chairman thereupon declared the resolution duly passed and <br />adopted this 9 day of <br />April <br />,Je..rey K.•Barto .Clerk <br />, 1991. <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />By <br />-2- <br />Richard N. Bird <br />Chairman <br />.Inman R•rer Ca— ADD;Ovad— <br />Admin. <br />Leval <br />Budget <br />Deet <br />RISK Mgr. <br />