1992-133 - Laserfiche WebLink

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A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR CERTAIN PAVING AND DRAINAGE IMPROVEMENTS TO THE ROADS IN FLORAL PARK SUBDIVISION, AND RANCH ESTATES SUBDIVISION, PROVIDING THE TOTAL ESTIMATED COST, METHOD OF PAYMENT OF ASSESSMENTS, NUMBER OF ANNUAL INSTALLMENTS, AND LEGAL DESCRIPTION OF THE AREA SPECIFICALLY BENEFITED. WHEREAS, the County Public Works Department has been petitioned for Road Paving and Drainage Improvements for the roads in Floral Park Subdivision, and Ranch Estates Subdivision. WHEREAS, the construction of paving and drainage improvements by special assessment funding is authorized by Section 11-21, 11-22, and 11-41, Indian River County Code of Laws and Ordinances; and cost estimates and preliminary assessment rolls have been completed by the Public Works Department; and the total estimated cost of the proposed paving and drainage improvements is ONE HUNDRED SEVENTY THREE THOUSAND FIVE HUNDRED THIRTY DOLLARS AND NINETY-SEVEN CENTS ($173.530.97); and WHEREAS, the special assessment provided hereunder shall, for any given record owner of property within the area specially benefited, be in an amount equal to approximately that proportion of sixty-seven percent (67%) of the total cost of the project ($117.586.85) which the number of square footage owned by the given owner bears to the total number of square footage within the areas specially benefited and twenty-five percent (25%) of the total cost of the project ($43,382.741 will come from Petition Paving Account; and approximately eight percent (8%) of the total cost of the project ($12.561.381 will come from the Gas Tax Revenue; and WHEREAS, the special assessment shall become due and payable at the Office of the Tax Collector of Indian River County ninety (90) days after the final determination of the special assessment pursuant to Section 11-47, Indian River County Code of Laws and Ordinances; and 1