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1/12/1993
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1/12/1993
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7/23/2015 12:03:51 PM
Creation date
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
01/12/1993
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JAN 12 1993 <br />2. <br />3. <br />BOOK 88 PA F 46 <br />located generally as described above, and the cost thereof shall be <br />specially assessed in accordance with the provisions of Sections <br />206.01 through 206.09 of the Code of Indian River County. <br />The total estimated project assessment cost of the above-described <br />improvements is shown to be $41,959.89 or $0.111842 per square foot <br />to be paid by the property specially benefited as shown on the <br />assessment plat on file with the Department of Utifity Services. <br />A special assessment in the amount of $0.111842 per square foot <br />shall be 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, at the same meeting, as required by the referenced County <br />Code. <br />4. The special assessments shall be due and payable and may be paid in <br />full within 90 days after the date of the resolution of the Board <br />with respect to credits against the special assessments after <br />completion of the improvements (the "Credit Date") without <br />interest. <br />If not paid in full, the special assessments may be paid in ten <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 principal <br />not paid when due. The unpaid balance of the special assessments <br />shall bear interest at a rate of 8% from the Credit Date until <br />paid. <br />5. There is presently on file with the Department of Utility Services <br />a plat showing the area to be assessed, plans and specifications, <br />and an estimate of the cost of the proposed improvements. All of <br />these are open to inspection by the public at the Department of <br />Utility Services. <br />6. An assessment roll with respect to the special assessments shall <br />promptly be prepared in connection with the special assessments. <br />72 <br />M <br />L -_J <br />
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