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Providing (First Reso.) 2/7/95(ENG)RESI.MAG\gfk <br />RESOLUTION NO. 95- 166 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR <br />CERTAIN PAVING AND DRAINAGE IMPROVEMENTS TO 9TH <br />PLACE AND 21ST AVENUE IN BLOCK VILLA SUBDIVISION, <br />PROVIDING THE TOTAL ESTIMATED COST, METHOD OF <br />PAYMENT OF ASSESSMENTS, NUMBER OF ANNUAL <br />INSTALLMENTS, AND LEGAL DESCRIPTION OF THE AREA <br />SPECIFICALLY BENEFITED. <br />WHEREAS, the County Public Works Department has been <br />petitioned for Road Paving and Drainage Improvement for 9th Place <br />and 21st Avenue in Block Villa Subdivision. <br />WHEREAS, the construction of paving and drainage <br />improvements by special assessment funding is authorized by Chapter <br />206, Section 206.01 through 206.09, Indian River County Code; and <br />cost estimates and preliminary assessment rolls have been completed <br />by the Public Works Department; and the total estimated cost of the <br />proposed paving and drainage improvements is FORTY THREE THOUSAND <br />EIGHT }HUNDRED NINETY ONE DOLLARS and SEVENTY SIX CENTS <br />($43,891.76); and <br />WHEREAS, the special assessment provided hereunder shall, <br />for any given record owner of property within the area specially <br />benefited, be in an amount equal to that proportion of seventy-five <br />percent (752) of the total cost of the project ($32,918.82) which <br />the number of acres of property owned by the given owner bears to <br />the total number of acres owned within the areas specially <br />benefited and twenty-five percent (25%) of the total cost of the <br />project ($10,972.94) will come from Petition Paving Account; and <br />WHEREAS, the special assessment shall become due and <br />payable at the Office of the Tax Collector of Indian River County <br />ninety (90) days after the final determination of the special <br />assessment pursuant to Section 206.08, Indian River County Code; <br />and <br />