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WHEREAS, any special assessment not paid within said <br />ninety (90) day period shall bear interest beyond the due date at <br />a rate established by the Board of County Commissioners at the time <br />of preparation of the final assessment roll, and shall be payable <br />in two (2) equal installments, the first to be made twelve (12) <br />months from the due date and subsequent payments to be due yearly; <br />and <br />WHEREAS, after examination of the nature and anticipated <br />usage of the proposed improvements, the Board of County <br />Commissioners has determined that the following described <br />properties shall receive a direct and special benefit from these <br />improvement, to wit: <br />Lots 1 through 8, Block 28; Lots 9 through 16, <br />Block 29; Lots 9 through 16, Block 37; Lots 1 <br />through 8, Block 38; Grovenor Estates subdivision <br />Unit 2-A, as Recorded in Plat Book 5, Page 19 of <br />the Public Records of Indian River County. <br />NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. The foregoing recitals are affirmed and ratified in <br />their entirety. <br />2. A project providing for paving and drainage <br />improvements to 33rd Avenue Sw between 13th Street SW and 15th <br />Street SW; heretofore designated as Public Works Project No. 8926 <br />is hereby approved subject to the terms outlined above and all <br />applicable requirements of Section 11-41, et seq. Indian River <br />County Code of Laws and Ordinances. <br />2 <br />