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First Resolution 11114189(UTiL)Re, so2(Whic/Vk) RESOLUTION NO. 89- 147 A RESOLUTION OF INDIAN RIVER COUNTY PROVIDiNG FOR: SPECIAL. ASSESSMENT FOR SEWER FORCE MAIN INSTALL- ATION ON THE EAST SIDE OF INDIAN RIVER BOULEVARD FROM U.S. III TO THE CITY OF VERO BEACH WASTEWATER TREATMENT PLANT; METHOD Or PAYMENT OF ASSESSMENTS; NUMBER OF ANNUAL iNSTALLMEN`fS, AND LEGAL DESCRIPTION OF AREAS SPECIFICALLY SERVED. WHEREAS, the Board of County Commissioners of Indian River County has determined that the improvements herein described are necessary to promote the public welfare of the county and has determined to defray the cost thereof by special assessments against the properties specially benefited thereby, all of which improvements are hereinafter referred to as to Project No. US -89 -01 -CCS, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as foliows: 1. The County sloes hereby determine that in order to be able to serve lropertles located on the east :and west sides of Indian River Boulevard from U.S. #1 to the City of Vero Beach Wastewater Treatment Plant, a sewage transmission systema shall be Installed on the east sidle of Indian River Boulevard from U.S. #i1 to the City of Vero Beach Wastewater Treatment Plant., and 80% of the cost thereof, and in connection therewith, shall be specially assessed In accordance with the provisions of §11-112 through §11-47 of the Code of Laws and Ordinances of Indian River County. 2. The total ost1mated cost of the portion of the above-described improvements to be assessed Is shown to be $339,995.58 (or $.026344 per scivare foot) to be paid by the property specially benefited as shown on the assessment plat on file with the Department of Utility Services. 3. A special assessment in the arr,ount of $.0263411 per square foot shall be assessed against each of the properties designated on the assessment plat. 4. The special assessments shall be due and payabie and may be paid in full within 90 days after the date of the resolution of the Board with respect to credits; against the special assessments after completion of the improvements (the "Credit Date") without Interest.