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s , <br />sits <br />grdviding (First Reso.) 1/5/94(ENG)RESI.MAG\gfk <br />RESOLUTION NO. 95- 34 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR <br />CERTAIN PAVING AND DRAINAGE IMPROVEMENTS TO 14TH <br />STREET EAST OF U.S. 1 653 FEET ±, PROVIDING THE <br />TOTAL ESTIMATED COST, METHOD OF PAYMENT OF <br />ASSESSMENTS, NUMBER OF ANNUAL INSTALLMENTS, AND <br />LEGAL DESCRIPTION OF THE AREA SPECIFICALLY <br />BENEFITED. <br />WHEREAS, the County Public Works Department has been <br />petitioned for Road Paving and Drainage Improvement for 14th Street <br />east of U.S. 1 653 feet ±. <br />WHEREAS, the construction of paving and drainage <br />improvements by special assessment funding is authorized by Chapter <br />206, Section 206.01 through 206.09, Indian River County Code; and <br />cost estimates and preliminary assessment rolls have been completed <br />by the Public Works Department; and the total estimated cost of the <br />proposed paving and drainage improvements is TWENTY-EIGHT THOUSAND <br />FOUR HUNDRED NINETY FOUR DOLLARS and TWENTY CENTS ($28,494.20); 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 seventy-five <br />percent (75%) of the total cost of the project ($21,370.65) which <br />the number of parcels owned by the given owner bears to the total <br />number of parcels within the areas specially benefited and twenty- <br />five percent (25%) of the total cost of the project ($7,123.55) <br />will come from Petition 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 206.08, Indian River County Code; <br />and <br />