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3{ <br />iFf � i <br />No. 95- 39 <br />WHEREAA, 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 <br />usage of the proposed improvements, the Board of County <br />Commissioners has determined that the following described <br />properties shall receive a direct and special benefit from these <br />improvement, to wit: <br />Lots 1 through 13, Block 1 <br />Lots 1 through 6, Block 2 <br />Lots 1 through 4, Block 3 <br />Diana Park Subdivision, Plat Book 5, Page 62 as Recorded <br />in Indian River County, Florida <br />Indian River Farms Company Subdivision PBS 2 Page <br />25 S 230 FT of W 130 FT of E 10 Acres of W 20.4 <br />Acres of Tract 7 as in Record Book 32, PP 395 (OR <br />Book 479, PP 723) Indian River County, Florida <br />Indian River Farms Company Subdivision PBS 2 Page <br />25 W 10 Acres of Tract 7, less following described <br />parcel: S 423 FT of W 10 Acres, less S 30 FT <br />thereof for Right -of -Way of 4th Street & less W 60 <br />FT & also including E 15 FT of N 393 FT of S 423 FT <br />as recorded in OR 788, PP 2245 Indian River County, <br />Florida <br />NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS 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 61st Avenue (Diana Park Subdivision); heretofore <br />designated as Public Works Project No. 9116 is hereby approved <br />subject to the terms outlined above and all applicable requirements <br />of Chapter 206, et seq. Indian River County Code. <br />2 <br />