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IM WHEREAS, the Indian River County Utilities Department has received requests from owners of property in the areas to be specifically benefitted, requesting water improvements within the Breezewood Park, Little Portion and Sunnydale Acres Subdivisions on 71st Avenue and 71st Court; and WHEREAS, conceptual design work including cost estimates have been completed by the Department of Utility Services and their contracted engineering consultant, Masteller & Moler Associates, Inc.; and WHEREAS, the total estimated cost of the proposed water improvements is $126,080.00; and WHEREAS, the lowest bid was $99,977.50 for the construction of the water main from Tri -Sure Corporation; and WHEREAS, the special assessment provided hereunder shall be an equal proportion of 100% of the cost of the project, less adjustments by the Department of Utility Services, for each given record owner of property within the specific area benefitted, and on which a residence is located or capable of being located, and shall become due and payable at the office of the Indian River County Department of Utility Services ninety (90) days after the final determination of the special assessment pursuant to Ordinance No. 81-27; and WHEREAS, all special assessments not paid within said ninety (90) day period shall thereupon become payable in equal installments in each of the succeeding five years with interest established at 12% from the date of Final Assessment, payable annually; but any assessment becoming so payable in installments may be paid at any time together with interest accrued thereon to date of payment; and -1- 0. R. 793 PO 2954 RESOLUTION NO. 88-17 A RESOLUTION OF THE BOARD OF �✓ , �' _ COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, :zoTFn ,r PROVIDING FOR CERTAIN WATER IMPROVEMENTS TO BREEZEWOOD��-,= 7° PARK LITTLE PORTION AND �'�"' rn :;Q rn SUNNYDALE ACRES SUBDIVISIONS, ;,c PROVIDING THE TOTAL ESTIMATED rn COST, METHOD OF PAYMENT OF N C7 ASSESSMENTS, NUMBER OF ANNUAL INSTALLMENTS, AND LEGAL DES- CRIPTION OF AREAS SPECIFICALLY SERVED. WHEREAS, the Indian River County Utilities Department has received requests from owners of property in the areas to be specifically benefitted, requesting water improvements within the Breezewood Park, Little Portion and Sunnydale Acres Subdivisions on 71st Avenue and 71st Court; and WHEREAS, conceptual design work including cost estimates have been completed by the Department of Utility Services and their contracted engineering consultant, Masteller & Moler Associates, Inc.; and WHEREAS, the total estimated cost of the proposed water improvements is $126,080.00; and WHEREAS, the lowest bid was $99,977.50 for the construction of the water main from Tri -Sure Corporation; and WHEREAS, the special assessment provided hereunder shall be an equal proportion of 100% of the cost of the project, less adjustments by the Department of Utility Services, for each given record owner of property within the specific area benefitted, and on which a residence is located or capable of being located, and shall become due and payable at the office of the Indian River County Department of Utility Services ninety (90) days after the final determination of the special assessment pursuant to Ordinance No. 81-27; and WHEREAS, all special assessments not paid within said ninety (90) day period shall thereupon become payable in equal installments in each of the succeeding five years with interest established at 12% from the date of Final Assessment, payable annually; but any assessment becoming so payable in installments may be paid at any time together with interest accrued thereon to date of payment; and -1- 0. R. 793 PO 2954