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S <br />No. 95- 34 <br />WHEREAS, any special assessment not paid within said <br />ninety (90) day period shall bear interest beyond the due date at <br />a rate established by the Board of County Commissioners at the time <br />of preparation of the final assessment roll, and shall be payable <br />in two (2) equal installments, the first to be made twelve (12) <br />months from the due date and subsequent payments to be due yearly; <br />and <br />WHEREAS, after examination of the nature and anticipated usage <br />of the proposed improvements, the Board of County Commissioners has <br />determined that the following described properties shall receive a <br />direct and special benefit from these improvement, to wit: <br />S 93.48 FT of E 315.62 FT of W 355.62 FT of S 1/2 of S <br />1/2 of NW 1/4 of NE 1/4 (OR BK 496 PP 586 & 587) <br />BEG 439.62 FT E OF SW COR OF S 1/2 OF S 1/2 OF NW 1/4 OF <br />NE 1/4, RUN N 161 FT, TH E 51.58 FT, TH N 172.36 FT, TH <br />W 176.20 FT, TH S 239.94 FT, TH E 40.62 FT, TH S 93.48 <br />FT, TH E 84 FT TO P.O.B. LESS S 25 FT FOR RD RIGHT-OF-WAY <br />BEG 25 FT N & 35 FT W OF SE COR OF W 1/2 OF S 1/2 OF S <br />1/2 OF NW 1/4 OF NE 1/4 FOR P.O.B. RUN N 136 FT, RUN W <br />85 FT, RUN S 136 FT, RUN E 85 FT TO P.O.B. (OR BK 472 PP <br />543) <br />BEG AT PT BEING INTERSECTION OF E R/W OF US HWY #1 & S <br />BNDY OF NW 1/4 OF NE 1/4, TH N 00 DEG 39 MIN 48 SEC E <br />333.52 FT ON E R/W OF US HWY #1 TO A PT, TH S 88 DEG 51 <br />MIN 49 SEC E 451 FT TO P.O.B., TH S 00 DEG 39 MIN 50 SEC <br />W 172.57 FT TO A PT, TH W 51.58 FT, TH S 136 FT, TH E 100 <br />FT, TH N 136 FT, TH E 85 FT, TH S 136 FT, TH E 134 FT, TH <br />N 00 DEG 38 MIN 50 SEC E 308.39 FT TO A PT, TH N 88 DEG <br />48 MIN 24 SEC W 267.53 FT TO P.O.B. <br />N 90 FT OF THE FULL: N 1/2 OF NW 1/4 OF SW 1/4 OF NE 1/4 <br />LESS E 319.05 FT & LESS 35 FT FOR RD RIGHT-OF-WAY & LESS <br />RIGHT-OF-WAY FOR US NO 1 AS R BK 181 PP 560 (OR BK 440 PP <br />306) <br />NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. The foregoing recitals are affirmed and ratified in <br />their entirety. <br />2. A project providing for paving and drainage <br />improvements to 14th Street east of U.S. 1 653 feet ± heretofore <br />