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RESOLUTION NO. 95- 57 <br />A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, <br />CERTIFYING "AS -BUILT" COSTS FOR INSTALLATION OF <br />SEWER SERVICE TO STATE ROAD 60 and 90TH AVENUE; AND <br />SUCH OTHER CONSTRUCTION NECESSITATED BY SUCH <br />PROJECT; PROVIDING FOR FORMAL COMPLETION DATE, AND <br />DATE FOR PAYMENT WITHOUT PENALTY AND INTEREST. <br />WHEREAS, the Board of County Commissioners of Indian River County <br />determined that sewer improvements for properties located within the <br />area of State Road 60 and 90th Avenue are necessary to promote the <br />public welfare of the county; and <br />WHEREAS, on Tuesday, June 14, 1994, the Board held a public hearing <br />at which time and place the owners of property to be assessed appeared <br />before the Board to be heard as to the propriety and advisability of <br />making such improvements; and <br />WHEREAS, after such public hearing was held the County Commission <br />adopted Resolution No. 94-80, which confirmed the special assessment <br />cost of the project to the property specially benefited by the project <br />in the amounts listed in the attachment to that resolution; and <br />WHEREAS, the Director of Utility Services has certified the actual <br />"as -built" cost now that the project has been completed is lees than in <br />confirming Resolution No. 94-80, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. Resolution No. 94-80 is modified as follows: The completion date <br />for the referenced project and the last day that payment may be <br />made avoiding interest and penalty charges is ninety days after <br />passage of this resolution. <br />2. Payments bearing interest at the rate of 8.5% per annum may be made <br />in ten annual installments, the first to be made twelve months from <br />the due date. The due date is ninety days after the passage of <br />this resolution. <br />3. The final assessment roll for the project listed in Resolution No. <br />94-80 shall be as shown on the attached Exhibit "A." <br />