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12/86(Reso)LEGAL(Vk)JB RESOLUTION NO. 87-3 ® A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, INITIATING CERTAIN WATER AND WASTEWATER IMPROVEMENT PROGRAMS FOR A PORTION OF THE SOUTH BEACH AREA; STATING THE O NATURE OF THE PROPOSED IMPROVEMENTS, THE TOTAL ESTIMATED COST, THE METHOD OF PAYMENT OF ASSESSMENTS, THE NUMBER OF ANNUAL INSTALLMENTS, AND THE LEGAL DESCRIPTION OF THE AREA SPECIALLY BENEFITED. THE AREA INVOLVED IS ANGLER'S COVE SEWER ASSESSMENT, SEMINOLE SHORES AND ST. CHRISTOPHER'S HARBOR SEWER ASSESSMENT, SEMINOLE SHORES WATER ASSESSMENT, AND ST. CHRISTOP14ERIS HARBOR WATER ASSESSMENT. WHEREAS, Ordinance No. 81-27 authorizes the County Commission to initiate certain water and sewer improvement programs to be funded by special assessment against the property to be benefited by the programs; and WHEREAS, Angler's Cove, Seminole Shores, and St. Christopher's Harbor on the south beach area in the unincorporated area of Indian River County are in need of certain water and sewer improvements; and WHEREAS, the County has held a public hearing at 9:10 A.M. on January 13, 1987, after notice by publication in a newspaper at least 15 days before the hearing to review the proposed projects, their costs, and input from benefited owners; and WHEREAS, the County intends to proceed to the second public hearing for the purpose of approving a preliminary assessment roll of the benefited owners; and WHEREAS, those benefited owners have 90 clays from the completion of the project to pay their assessment in full without interest or three years in which to make equal annual payments of principal, plus interest at 12%; NOW, THEREFORE, BE IT RESOLVED BY THE: BOARD OF COUNTY COMMISSIONERS 01= INDIAN RIVER COUNTY, FLORIDA, that: 1. The above statements are ratified. 2. The construction of Angler's Cove sewer improvements, Seminole Shores and St. Christopher's Harbor sewer improvements, Seminole Shores water improvement, and St. Christopher's Harbor water improvement are all determined 0 r -n •!