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+ i WHEREAS, any special assessment not paid within said ninety (90) day period shall bear interest beyond the due date at a rate established by the Board of County Commissioners at the time of preparation of the final assessment roll, and shall be payable in two (2) equal installments, the first to be made twelve (12) months from the due date and subsequent payments to be due yearly; and WHEREAS, after examination of the nature and anticipated usage of the proposed improvements, the Board of County Commissioners has determined that the following described properties shall receive a direct and special benefit from these improvements, to wit: Lots 7 through 11, Block 17, Lots 2 through 6, Block 18, Lots i through 6, Block 31, Lots 7 through 12, Block 32, Lots 7 through 12, Block 33, Lots 1 through 6, Block 34, Lots 1 through 6, Block 44B, Lots 7 through 12, Block 45, Lots 7 through 12, Block 46, Lots 1 through 6, Block 47, Lots 1 through 6, Block 48, Lots 7 through 12, Block 49, Lots 7 through 12, Block 50, Lots 1 through 6, Block 51, Lots 7 through 12, Block 52, and all blocks 52A, 53 and 54 in Town of Wauregan Subdivision as recorded in Plat Book 1, Page 178 of the Public Records of St. Lucie County, Florida. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: 1. The foregoing recitals are affirmed and ratified in their entirety. 2. A project providing for paving and drainage improvements to 134th Street from Roseland Road to Catholic Church entrance in Town Of Wauregan Subdivision; heretofore designated as Public Works Project No. 8901 is hereby approved subject to the terms outlined above and all applicable requirements of Section 11-41, et seq. Indian River County Code of Laws and Ordinances. 2