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RESOLUTION No. 93-132 <br />A RESOLUTION "OF`INDIAN <RIVER COUNTY CERTIFYING <br />BUILT." COSTS FOR CERTAIN PAVING AND DRAINAGE <br />X IMPROVEMENTS:.T0'-33RD AVENUE SW BETWEEN 15TH STREET <br />SW AND 13TH STREET SW IN GROVENOR ESTATES <br />"SUBDIVISION,- DESIGNATED AS PROJECT NO. 8926, AND <br />OTHER "CONSTRUCTION NECESSITATED BY SUCH PROJECT; <br />` PROVIDING FOR FORMAL COMPLETION DATE, AND DATE FOR <br />PAYMENT WITHOUT PENALTY AND INTEREST. <br /> RBAS, 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 />r, <br />described in this title, designated as Project No. 8926, are in <br />the public interest and promote the public welfare of the county; <br />and <br />WHEREAS, on July 14, 1992, 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. 92-101, 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 />AREAS, the Director of Public Works has certified the <br />actual "as -built" cost now that the project has been completed is <br />$14.95 per front foot, which is less than $15.61 per front foot <br />in the confirming Resolution No. 92-101, <br />NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: <br />1. Resolution No. 92-101 is modified as follows: The <br />completion date for Project No. 8926 is declared to be June 21, <br />1993, 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 9 3/48 <br />per annum may be made in 2 equal installments, the first to be <br />- made twelve (12) months from the <br />1 <br />