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r- JAN 12 19931 BOOK 88 PAGE 556 RESOLUTION NO. 93-i_ A RESOLUTION OF -INDIAN RIVER COUNTY, FLORIDA, CERTIFYING "AS -BUILT" COSTS FOR INSTALLATION OF PHASE I OF THE WATER MAIN EXTENSION GROWTH PLAN, AND SUCH OTHER CONSTRUCTION NECESSITATED BY SUCH PROJECT; PROVIDING FOR FORMAL COMPLETION DATE, AND DATE FOR PAYMENT WITHOUT PENALTY AND INTEREST. - WHEREAS, the Board of County Commissioners of -Indian River County determined that the improvements for the properties located on the east and west sides of 27th Avenue in Phase I of the Water Main Extension Growth Plan were necessary to promote the public welfare of the county; and WHEREAS, on Tuesday, December 3, 1991, the Board held a public hearing at which time and place the owners of property to be assessed appeared before the Board to be heard as to the propriety and advisability of making such improvements; and WHEREAS, after such public hearing was held the County Commission adopted Resolution No. 91-177, which confirmed the special assessment cost of the project to the property specially benefited by the project in the amounts listed in the attachment to that resolution; and WHEREAS, the Director of Utility Services has certified the actual "as -built" cost now that the project has been completed is less than in confirming Resolution No. 91-177, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: 1. Resolution No. 91-177 is modified as follows: The completion date for the referenced project and the last day that payment may be made avoiding interest and penalty charges is ninety days after passage of this resolution. 2. Payments bearing interest at the rate of 8% per annum may be made in ten annual installments, the first to be made twelve 82