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J U L i <br />BOOK 89 PAGF1057 <br />RESOLUTION NO. 93-1 120 <br />A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, <br />PROVIDING FOR WATER MAIN EXTENSION TO 102ND TERRACE <br />AND 99TH WAY; PROVIDING THE TOTAL ESTIMATED COST, <br />METHOD OF PAYMENT OF ASSESSMENTS, NUMBER OF ANNUAL <br />INSTALLMENTS, AND LEGAL DESCRIPTION OF THE AREA <br />SPECIFICALLY SERVED. <br />WHEREAS, the Board of County Commissioners of Indian River County <br />has determined that the improvements herein described are necessary to <br />promote the public welfare of the county and has determined to defray <br />the cost thereof by special assessments against certain properties to be <br />serviced by a water main extension to 102nd Terrace and 99th Way, <br />hereinafter referred to as Project No. UW -92 -35 -DS; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. The County does hereby determine that a water main extension shall <br />2. <br />3. <br />4. <br />be installed to provide service for 10 properties, which are <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 $165,810.00 or $0.068874 per square <br />foot to be paid by the property specially benefited as shown on the <br />assessment plat on file with the Department of Utility Services. <br />A special assessment in the amount of $0.068874 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 aftqr the public <br />hearing, at the same meeting, as required by the referenced County <br />Code. <br />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 />37 <br />