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tn <br />4 <br />0 <br />0) <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 />S c u r 1 o c k, 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 />Attest: <br />Jef . -Bat to <br />Clerl <br />i- • <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />By <br />Richard N. Bird <br />-2- <br />Chairman <br />Ontr <br />IMMO <br />lr <br />