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PsovibLog {lirst'Rego.) 12/23/92(i�gal)Vk/DC <br />€t <br />RESOLUTION NO. 93-�Z <br />A RESCLUTION OF INDIAN RIVER COUNTY, FLORIDA, <br />PROVIDING FOR NATER MAIN EXTENSION TO WOOD HOLLOW, <br />32ND COURT, AND 32ND AVENUE, AN (SOUTH Olt FIFTH <br />STREET) p PROVIDING THE TOTAL ESTIMATED COST, METHOD <br />OF PAYMENT OF ASSESSIINTS, NUMBER OF ANNUAL <br />INSTumaNTS, AND LEGAL DESCRIPTION OF THE AREA <br />SPECIFICALLY SERVED. <br />WHZREAS, the Board of County Commissioners of Indian River County <br />has determined that the improvements herein described are necessary to <br />promote the public welfare of the county and has determined to defray <br />the cost thereof by special assessments against certain properties to be <br />serviced by a water main extension to Wood Hollow, 32nd Court, and 32nd <br />Avenue, SW (South off Fifth Street), hereinafter referred to as Project <br />No. UW -92 -37 -DS; <br />NOW, THEREFORE, EE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. The County does hereby determine that a water main extension shall <br />be installed to provide service for 28 lots, which are located <br />generally as described above, and the cost thereof shall be <br />specially assessed in accordance with the provisions of Sections <br />206.01 through 206.09 of the Code of Indian River County. <br />2. The total estimated project assessment cost of the above-described <br />improvements is shown to be $81,613.94 or $0.113058 per square foot <br />to be paid by the property specially benefited as shown on the <br />assessment plat on file with the Department of utility services. <br />3. A special assessment in the amount of $0.113058 per square foot <br />shall be assessed against each of the properties designated on the <br />assessment plat. This assessment may be raised or lowered by <br />action of the Board of County Commissioners after the public <br />hearing, at the same meeting, as required by the referenced County <br />Code. <br />4. The special assessments shall be due and payable and may be paid in <br />full within 90 days after the date of the resolution of the Board <br />with respect to credits against the special assessments after <br />completion of the improvements (the "Credit Date") without <br />interest. <br />