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H Firgt FLesoiution ii Jac9vlu1 1u)rcesojtuu1yKt <br />>& 1r <br />RESOLUTION NO. 90-174 <br />A RESOLUTION OF INDIAN RIVER COUNTY <br />PROVIDING FOR A WATER MAIN TO BE <br />INSTALLED IN 23RD AVENUE NORTH OF EIGHTH <br />STREET; PRovrff T(;-'iHE _ESTTIW{TED <br />METHOD OF PAYMENT OF ASSESSMENTS, <br />NUMBER OF ANNUAL INSTALLMENTS, AND LEGAL <br />DESCRIPTION OF AREAS SPECIFICALLY <br />SERVED. <br />WHEREAS, the Board of County Commissioners of Indian <br />River County has determined that the improvements herein <br />described are necessary to promote the public welfare of <br />the county and has determined to defray the cost thereof by <br />special assessments against the properties specially bene- <br />fited thereby, which improvements are hereinafter referred <br />to as Project No. UW -88 -14 -DS, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. The County does hereby determine that a water main <br />shall be installed on 23rd Avenue north of Eighth Street, <br />and the cost thereof shall be specially assessed in <br />accordance with the provisions of 411-42 through 411-47 of <br />the Code of Laws and Ordinances of Indian River County. <br />2. The total estimated cost of the above-described <br />improvements is shown to be $27,792 (or $0.0735 per square <br />foot) to be paid by the property specially benefited as <br />shown on the assessment plat on file with the Department of <br />Utility Services. <br />3. A special assessment In the amount of $0.0735 per <br />square foot shall be assessed against each of the properties <br />designated on the assessment plat. This assessment may be <br />raised or lowered by action of the Board of County <br />Commissioners after the pubic hearing required by the <br />referenced County code. <br />4. The special assessments shall be due and payable <br />and may be paid in full within 90 days after the date of the <br />resolution of the Board with respect to credits against the <br />special assessments after completion of the improvements <br />(the "Credit Date") without interest. <br />