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Project. If the special assessments are not paid when due, there <br />® shall be added a penalty at the rate of 18 per month until paid; <br />provided, however, that such assessments may be prepaid at any <br />w time within 30 days after the Project is completed and a <br />resolution accepting the same has been adopted by the Board, but <br />such prepaid assessments shall bear interest at the rate borne by <br />the bonds or the notes, as the case may be, described above, and <br />shall include, if deemed necessary by the Board, a prepayment fee <br />not to exceed the applicable redemption premium, if any, for such <br />notes or bonds, as the case may be, if they were to be redeemed on <br />the next available redemption date. The special assessments shall <br />be levied against such benefited properties on an available tap <br />basis to the properties receiving benefit by virtue of the <br />availability of potable water. Any special assessment liens upon <br />benefited properties, resulting from special assessments levied in <br />accordance with the provisions of this resolution, shall be <br />extinguished upon the recording by the Boa --d in the Official <br />Records of. the County, an affidavit or affidavits executed by the <br />Chairman of the Board to the effect that sufficient security has <br />been deposited with the County in order to insure timely payment <br />of the amounts of such special assessments or the installments <br />thereof, as the case may be. <br />At the above named time and place, the Board will <br />receive any objections of interested persons. After receiving and <br />considering all objections of interested persons, the Board shall <br />at such hearing or thereafter either annul or sustain or modify in <br />whole or in part the preliminary assessments as indicated on such <br />roll, either by confirming the preliminary assessments against any <br />or all lots or parcels described therein or by cancelling, <br />increasing or reducing the same according to the special benefits <br />which the Board decided each such lot or parcel has received or <br />will receive on account of the Project. <br />Dated this day of June, 1984. <br />BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA <br />By- t _ <br />j) Don C. Scurlock, Jr airman <br />Attest: `✓✓'�eG�Li��V6401 <br />Freda Wright, erk <br />