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It is recommended that motions be made to: <br />1) Adopt the resolution providing for the paving and drainage improvements for the projects <br />subject to the terns outlined in the resolution. The applicable interest rate shall be 8% at the <br />time the final assessment roll is approved. <br />2) Allocate $19,138.50 from the Petition Paving Account #173-214-541-035.39. <br />3) Adopt a resolution setting the time and place of the Public Hearing. <br />ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Adams, the Board unanimously adopted <br />Resolutions 93-2 and 93-3, providing for the paving <br />and drainage improvements to and setting public <br />hearing date for 91st Avenue between 79th Street and <br />87th Street in Vero Lakes Estates. <br />Providing (First Reso.) <br />11/30/92(ENG)RESI.MAG\gfk <br />RESOLUTION NO. 93-2 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR <br />CERTAIN PAVING AND DRAINAGE IMPROVEMENTS TO 91ST <br />AVENUE* FROM 79TH STREET TO 87TH STREET IN VERO LAKE <br />ESTATES SUBDIVISION, PROVIDING THE TOTAL ESTIMATED <br />COST, METHOD OF PAYMENT OF ASSESSMENTS, NUMBER OF <br />ANNUAL INSTALLMENTS, AND LEGAL DESCRIPTION OF THE <br />AREA SPECIFICALLY BENEFITED. <br />WHEREAS, the County Public Works Department has been <br />petitioned for Road Paving and Drainage Improvement for 91st Avenue <br />from 79th -Street to 87th Street in'Vero Lake Estates Subdivision. <br />WHEREAS, the construction of paving and drainage <br />improvements by special assessment funding is authorized by Chapter <br />206, Section 206.01 through 20 6.09, Indian River County Code; and <br />cost estimates and preliminary assessment rolls have been completed <br />45 <br />L_ JAN 51993 <br />BOOK,, .. V i <br />