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BOOK 97 PAr,F_ 243 <br />Resolution 96-24 <br />2. The total estimated project assessment cost of the above-described <br />improvements is shown to be $26,810.10 or $0.226780 per square foot to <br />be paid by the property specially benefited as shown on the assessment <br />plat on file with the Department of Utility Services. <br />3. A special assessment in the amount of $0.226780 per square foot shall be <br />assessed against each of the properties designated on the assessment <br />plat. This assessment may be raised or lowered by action of the Board <br />of County Commissioners after the public hearing, at the same meeting, <br />as required by the referenced County Code. <br />4. The special assessments shall be due and payable and may be paid in full <br />within 90 days after the date of the resolution of the Board with <br />respect to credits against the special assessments after completion of <br />the improvements (the "Credit Date") without interest. <br />If not paid in full, the special assessments may be paid in ten equal <br />yearly installments of principal plus interest. If not paid when due, <br />there shall be added a penalty of 1-1/2% of the principal not paid when <br />due. The unpaid balance of the special assessments shall bear interest <br />until paid at 8-1/2%. <br />S. There is presently on file with the Department of Utility Services a <br />plat showing the area to be assessed, plans and specifications, and an <br />estimate of the cost of the proposed improvements. All of these are <br />open to inspection by the public at the Department of Utility 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 Utility <br />Services Department shall cause this resolution (along with a map <br />showing the areas to be served) to be published at least one time in the <br />Vero Beach Press Journal before the public hearing required by Section <br />206.04. <br />The resolution was moved for adoption by Commissioner Eggert , and <br />the motion was seconded by Commissioner Bir , and, upon being put to a <br />vote, the vote was as follows: <br />Chairman Fran B. Adams Aye <br />Vice Chairman Carolyn K. Eggert Aye <br />Commissioner Richard N. Bird Aye <br />Commissioner Kenneth R. Macht Aye <br />Commissioner John W. Tippin Aye <br />Thairman thereupon declared the resolution duly passed and adopted <br />he C <br />this b day of February, 1996. <br />Attest: <br />e � K. Barto Cler <br />FEBRUARY 6, 1996 <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />By a­v_b Q6CIO,11.� <br />Fran B. Adams <br />Chairman <br />72 <br />