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NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN <br /> RIVER COUNTY, FLORIDA, as follows: <br /> 1. The foregoing recitals are affirmed and ratified in their entirety <br /> 2. The special assessments imposed for the Assessment Project against the specially benefited <br /> properties in the Assessment Area shown on the assessment roll attached hereto as Exhibit "A" and <br /> incorporated herein by this reference are hereby confirmed and approved, and shall remain legal, <br /> valid, and binding first liens upon and against the specially benefited properties shown on attached <br /> Exhibit"A" until paid in full.The special assessments for the Assessment Project shall constitute a lien <br /> against the specially assessed property in the Assessment Area equal in rank and dignity with the liens <br /> of all state, county, district or municipal taxes, and other non-ad valorem assessments. Except as <br /> otherwise provided by law, such special assessment lien shall be superior in dignity to all other liens, <br /> titles and claims, until paid.The special assessment lien shall be deemed perfected upon adoption by <br /> the Board of this Resolution and recordation of this Resolution in the Official Records of the County <br /> maintained by the Clerk of Indian River County.Such recordation shall constitute prima facie evidence <br /> of the validity of the special assessments imposed for the Assessment Project in the Assessment Area. <br /> 3. The special assessment imposed per parcel is in the amount of $8,400.00, and shall be due and <br /> payable and may be paid in full without interest within 90 days after the date of the passage of the <br /> as-built resolution by the Board.The as-built resolution occurs after completion of the improvements. <br /> If not paid in full within the 90-day period from the passage of the as-built resolution, then the special <br /> assessment may be paid in ten equal yearly installments of principal plus interest; said interest rate <br /> to be determined by the Board when the improvements are completed. <br /> 4. The Board hereby finds and determines that the special assessments imposed in accordance with this <br /> Resolution and Resolution Nos. 2020-091 and 2020-092 provide an equitable method of funding the <br /> construction of the Assessment Project based upon the current uses, sizes, zoning and development <br /> potential of the parcels which are equally benefited by the provision of water, and thus the allocation <br /> of the assessment will be equal per parcel as described in Resolution No.2020-091.The Board hereby <br /> finds and determines that the properties assessed by this Resolution will receive special benefits equal <br /> to or greater than the cost of the special assessment. <br />