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Providing (First R•so.) 2/20/91(ENG)RES1.MAG\gfk <br />RESOLUTION NO. 91- 168 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR <br />CERTAIN PAVING AND DRAINAGE IMPROVEMENTS TO 10TH <br />COURT SW BETWEEN 11TH STREET SW AND 9TH STREET SW, <br />PROVIDING THE TOTAL ESTIMATED COST, METHOD OF <br />PAYMENT OF ASSESSMENTS, NUMBER OF ANNUAL <br />INSTALLMENTS, AND LEGAL DESCRIPTION OF THE AREA <br />SPECIFICALLY BENEFITTED. <br />WREREAB, the County Public Works Department has been <br />petitioned for Road Paving and Drainage Improvement for 10th Court <br />SW between llth Street SW and 9th Street SW. <br />WHEREAS, the construction of paving and drainage <br />improvements by special assessment funding is authorized by Section <br />11-21, 11-22, and 11-41, Indian River County Code of Laws and <br />Ordinances; and cost estimates and preliminary assessment rolls <br />have been completed by the Public Works Department; and the total <br />estimated cost of the proposed paving and drainage improvements is <br />FORTY THREE THOUSAND, FOUR HUNDRED EIGHTY SEVEN DOLLARS and EIGHTY <br />CENTS ($43,487.80); and <br />WHEREAS, the special assessment provided hereunder shall, <br />for any given record owner of property within the area specially <br />benefited, be in an amount equal to that proportion of twenty-five <br />percent (25%) of the total cost of the project ($10,871.95) which <br />the number of lineal feet of road frontage owned by the given owner <br />bears to the total number of lineal feet of road frontage within <br />the areas specially benefited and seventy-five percent (75%) of the <br />total cost of the project ($32,615.85) will come from Petition <br />Paving Account; and <br />WHEREAS, the special assessment shall become due and <br />payable at the Office of the Tax Collector of Indian River County <br />ninety (90) days after the final determination of the special <br />assessment pursuant to Section 11-47, Indian River County Code of <br />Laws and Ordinances; and <br />1 <br />