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RESOLUTION NO. 95- 147 <br />thereof shall be specially assessed in accordance with the <br />provisions of Sections 206.01 through 206.09 of the Code of Indian <br />River County. <br />2. The total estimated project assessment cost of the above-described <br />improvements is shown to be $336,915.26 or $0.0676229 per square <br />foot to be paid by the property specially benefited as shown on <br />the assessment plat on file with the Department of Utility Services. <br />3. A special assessment in the amount of $0.0676229 per square foot <br />shall be assessed against each of the properties designated on the <br />assessment plat. This assessment may be raised or lowered by <br />action of the Board of County Commissioners after the public <br />hearing, at the same meeting, as required by the referenced <br />County Code. <br />4. The special assessments shall be due and payable and may be paid <br />in full within 90 days after the date of the resolution of the Board <br />with respect to credits against the special assessments after <br />completion of the improvements (the "Credit Date") without <br />interest. <br />If not paid in full, the special assessments may be paid in ten <br />equal yearly installments of principal plus interest. If not paid <br />when due, there shall be added a penalty of 1-1/2% of the <br />principal not paid when due. The unpaid balance of the special <br />assessments shall bear interest until paid at a rate to be <br />determined by the Board of County Commissioners when the project <br />is completed. <br />5. There is presently on file with the Department of Utility Services a <br />plat showing the area to be assessed, plans and specifications, and <br />an estimate of the cost of the proposed improvements. All of these <br />are open to inspection by the public at the Department of Utility <br />Services. <br />6. An assessment roll with respect to the special assessments shall <br />promptly be prepared in' connection with the special assessments. <br />7. Upon the adoption of this resolution, the Indian River County <br />Utility. Services Department shall cause this resolution (along with <br />a map showing the areas to be served) to be published at least <br />one time in the Vero Beach Press Journal before the public hearing <br />required by Section 206.04. <br />The - resolution was moved for adoption by Commissioner <br />Adams , and the motion was seconded by Commissioner Eggert <br />and, upon being put to a vote, the vote was as follows: <br />Chairman Kenneth R. Macht Aye <br />Vice Chairman Fran B. Adams Aye <br />Commissioner Richard N. Bird Aye <br />Commissioner Carolyn K. Eggert Aye <br />Commissioner John W. Tippin Aye <br />rox 96 PATS <br />NOVEMBER 21, 1995 63 00 <br />