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Providing (First Reso.) 2/7/95(ENG)RESI.MAG\gfk <br />RESOLUTION NO. 95- 168 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR <br />CERTAIN PAVING AND DRAINAGE IMPROVEMENTS TO 8TH <br />COURT SOUTH OF 2ND STREET TO SOUTH RELIEF CANAL IN <br />INDIAN RIVER HEIGHTS SUBDIVISION, PROVIDING THE <br />TOTAL ESTIMATED COST, METHOD OF PAYMENT OF <br />ASSESSMENTS, NUMBER OF ANNUAL INSTALLMENTS, AND <br />LEGAL DESCRIPTION OF THE AREA SPECIFICALLY <br />BENEFITED. <br />WHEREAS, the County Public Works Department has been <br />petitioned for Road Paving and Drainage Improvement for 8th Court <br />South of 2nd Street to South Relief Canal in Indian River Heights <br />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 TWENTY-NINE THOUSAND <br />ONE HUNDRED FORTY-EIGHT DOLLARS and TWENTY-SEVEN CENTS <br />($29,148.27); 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 (75%) of the total cost of the project ($21,861.20) which <br />the number of lineal feet of road frontage owned by the given owner <br />bears to the total number of lineal feet of road frontage within <br />the areas specially benefited and twenty-five percent (25%) of the <br />total cost of the project ($7,287.07) will come from Petition <br />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 />1 <br />