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As Built (Fourth Reso.) 2/7/95 (ENG) RES4. NAG\gfk <br /> <br />RESOLUTION NO. 95-82 <br />A, 'RESOLUTION OF INDIAN RIVER COUNTY CERTIFYING <br />"AS -BUILT" COSTS FOR CERTAIN PAVING AND DRAINAGE <br />IMPROVEMENTS TO 33RD STREET (CHERRY LANE) BETWEEN <br />66TH AVENUE.AND 58TH AVENUE, DESIGNATED AS PROJECT <br />-NO. 8843, AND OTHER CONSTRUCTION NECESSITATED BY <br />SUCH PROJECT; PROVIDING FOR FORMAL COMPLETION <br />- DATE, AND DATE FOR PAYMENT WITHOUT PENALTY AND <br />INTEREST. <br />WHEREAS, the Board of County Commissioners of Indian <br />River County determined that the improvements described herein <br />specially benefited the property located within the boundaries as <br />described in this title, designated as Project No. 8843, are in <br />the public interest and promote the public welfare of the county; <br />and <br />WHEREAS, on February 1, 1994, the Board held a public <br />hearing in the Commission Chambers at which time the owners of <br />the property to be assessed were afforded an opportunity to <br />appear before the Board to be heard as to the propriety and <br />advisability of making such improvements; and <br />WHEREAS, after such public hearing was held the County <br />Commission adopted Resolution No. 94-30, which confirmed the <br />special assessment cost of the project to the property specially <br />benefited by the project in the amounts listed in an attachment <br />to that resolution; and <br />WHEREAS, the Director of Public Works has certified the <br />actual "as -built" cost now that the project has been completed is <br />$737.68 per acre, which is less than $752.91 per acre in the <br />confirming Resolution No. 94-30, <br />NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />OF INDIAN RIVER COUNTY, FLORIDA, that: <br />1. Resolution No. 94-30 is modified as follows: The <br />completion date for Project No. 8843 is declared to be May 10, <br />1995, and the last day that payment may be made avoiding interest <br />and penalty charges is ninety (90) days after passage of this <br />resolution. <br />2. Payments bearing interest at the rate of 8.5% per <br />annum may be made in two equal installments, the first to be made <br />twelve (12) months from the <br />1 <br />