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11i Guilt (Final Reno.) 31/8/93(reso\aebu11t)Vk/DC <br />{ . *lora Lang Maur Barvioe' <br />f <br />i <br />REBOLUTION NO. 93-_2.0 <br />A RESOLUTION OF INDIAN RIVER COUNTY, <br />FLORIDA, CERTIFYING "AS -BUILT" COSTS FOR <br />INSTALLATION OF WATER SERVICE TO FLORA <br />LANE, AND SUCH OTHER CONSTRUCTION <br />NECESSITATED BY SUCH PROJECT; PROVIDING <br />FOR FORMAL COMPLETION DATE, AND DATE FOR <br />PAYMENT WITHOUT PENALTY AND INTEREST. <br />WHEREAS, the Board of County Commissioners of Indian River <br />County determined that water improvements for properties located in <br />Flora Lane (62nd Place), were necessary to promote the public welfare <br />of the county; and <br />WHEREAS, on Tuesday, February 2, 1993, the Board held a public <br />hearing at which time and place the owners of property to be assessed <br />appeared 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. 93-24, which confirmed the special <br />assessment cost of the project to the property specially benefited by <br />the project in the amounts listed in the attachment to that resolution; <br />and <br />WHEREAS, the Director of Utility Services has certified the actual <br />"as -built" cost now that the project has been completed is less than in <br />confirming Resolution No. 93-24, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. Resolution No. 93-24 is modified as follows: The completion date <br />for the referenced project and the last day that payment may be <br />made avoiding interest and penalty charges is ninety days after <br />passage of this resolution. <br />2. Payments bearing interest at the rate of 8% per annum may be <br />made in ten annual installments, the first to be made twelve <br />months from the due date. The due date is ninety days after the <br />passage of this resolution. <br />3. The final assessment roll for the project listed in Resolution No. <br />93-24 shall be as shown on the attached Exhibit "A." <br />