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As Built (Final Reso.) <br />RESOLUTION NO. 2020-056 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA, CERTIFYING "AS -BUILT" COSTS IN <br />CONNECTION WITH A SPECIAL ASSESSMENT PROJECT FOR A <br />WATER MAIN EXTENSION FROM CR -510 ALONG 75T" COURT TO <br />OWNERS OF CERTAIN PROPERTIES, WITHIN CITRUS HIDEAWAY <br />SUBDIVISION AND PROPERTY ABUTTING 75T" COURT, LOCATED <br />WITHIN UNINCORPORATED INDIAN RIVER COUNTY, FLORIDA; <br />PROVIDING FOR FORMAL COMPLETION DATE, AND DATE FOR <br />PAYMENT WITHOUT PENALTY AND INTEREST. <br />WHEREAS, the Board of County Commissioners of Indian River County determined that <br />a water main extension to serve 11 parcels located within Citrus Hideaway Subdivision and <br />property abutting 751h Court, in unincorporated Indian River County, Florida, was necessary to <br />promote the public welfare of the county; and <br />WHEREAS, on Tuesday, March 3, 2020, the Board held a public hearing at which time <br />and place the owners of property to be assessed could appear before the Board to be heard as <br />to the propriety and advisability of making such improvements; and <br />WHEREAS, after such public hearing was held the County Commission adopted <br />Resolution No. 2020-022, which confirmed the special assessment cost of the project to the <br />property specially benefited by the project in the amounts listed in the attachment to that <br />resolution; and <br />WHEREAS, now that the project has been completed, the Director of Utility Services has <br />certified the actual "as -built" cost to be Tess than the cost in confirming Resolution No. <br />2020-022, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. To avoid interest and penalty charges, payment may be made within ninety days after <br />passage of this resolution (Resolution No. 2020- 056 ). <br />2. Payments bearing interest at the rate of 4.75% per annum may be made in ten annual <br />installments, the first to be made twelve months from the due date. The due date is the date <br />of passage of this resolution. <br />3. The final assessment roll for the project listed in Resolution No. 2020-022 shall be as shown <br />on the attached Exhibit "A." <br />4. The assessments, as shown on the attached Exhibit "A," shall stand confirmed, and will <br />remain legal, valid, and binding first liens against the property against which such <br />assessments are made until paid. <br />1 <br />