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1 <br />1. After deducting the amount of the applicable state and federal grants, <br />the actual cost of the improvements to be paid by the special assessments is in <br />excess of $282,800. <br />2. Accordingly, no credit shall be given against each special assessment <br />with respect to the improvements and each special assessment shall be in the <br />amount of $700 ($282,800 divided by 404 properties). <br />3. The special assessments shall be payable as provided in Resolution No. <br />88-100. <br />4. This Resolution is adopted pursuant to Section 11-47, Indian River <br />County Code. <br />5. All resolutions or parts of resolutions in conflict herewith are hereby <br />repealed. <br />6. This Resolution shall take effect immediately upon its adoption. <br />The foregoing Resolution was moved for adoption by Commissioner Scurlock <br />and the motion was seconded by Commissioner Wheeler <br />and, upon being put to a vote, the vote was as follows: <br />Chairman Carolyn K. Eggert - Aye <br />Vice -Chairman Richard N. Bird Ave <br />Commissioner Margaret C. Bowman Ave <br />Commissioner Don C. Scurlock, Jr. Ave <br />Commissioner Gary C. Wheeler _4121 <br />The Chairman thereupon declared the Resolution duly passed and adopted this <br />20 day of February , 1990. <br />ATTEST: <br />Dale <br />*.y K <br />;Barton;erc <br />(SEAL) <br />APPROVED AS TO FORM AND <br />LEGSUF ICIFNCY <br />Charles P. Vitunac, <br />Attorney for the County <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />By <br />Carolyn'4. Eggert, #airman <br />Indi2nRwff Approved <br />Dale <br />Admin. <br />_ 14_ - <br />Legal <br />Budget <br />Dept. <br />Risk Mgr. <br />C� <br />