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BOOK W PAU 5 <br />- - - -= No. 94-13 5 <br />WHEREAS, any special assessment not paid within said ninety (90) day period shall <br />bear interest beyond the due date at a rate established by the Board of County Commissioners at the <br />time of preparation of the final assessment roll, and shall be payable in two (2) equal installments, <br />the first to be made twelve (12) months from the due date and subsequent payments to be due yearly; <br />and <br />WHEREAS, after examination of the nature and anticipated usage of the proposed <br />improvements, the Board of County Commissioners has determined that the following described <br />properties shall receive a direct and special benefit from these improvement, to wit: <br />The Southwest 1/4 of the Southwest 1/4 of Section 21, Township 31 South, <br />Range 38 East, AND The North 1/2 of the Northwest 1/4 of the Northwest <br />1/4 of Section 28, Township 31 South, Range 38 East, all lying in Indian <br />River County, Florida. LESS that part lying within the right-of-way of <br />Fellsmere Road (CR512) <br />Pine Lake Estates, Unit 1, Unrecorded Subdivision Lots 1 thru 29, Block A; <br />Lots 1 thm 29, Block B; Lots 1 thru 29, Block C; Lots 1 thru 35, Block D; <br />Lots 1 thru 18, Block E; Lots 1 thru 12, Block F; Lots 1 thru 12, Block G; <br />Lots 1 thru 24, Block H; <br />and <br />Pine Lake Estates, Unit 1, O.R. BK 123, 139 & 141, Lots 1 thru 5 INC, <br />Block J & INC Lots Marked Park Area Block J & Lot Marked Pine Lake, <br />Block J <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 their entirety. <br />2. A project providing for surveying improvements to Pine Lake Estates <br />Unrecorded Subdivision; heretofore designated as Public Works Project No. 9415 is hereby <br />approved subject to the terms outlined above and all applicable requirements of Chapter 206, et seq. <br />Indian River County Code. <br />30 <br />October 25, 1994 <br />