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RESOLUTION NO. 85- 59 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR CERTAIN PAVING ® AND DRAINAGE IMPROVEMENTS TO APPLE 11AY FROM 12TH STREET SOUTH APPROXIMATELY 1125 L.F.; PROVIDING THE TOTAL ESTDIATED COST, ME'T'HOD OF PAYMENT OF ASSESSMENTS, NUMBER OF ANNUAL INSTALLI'MS, AND LEGAL DESCRIPTION OF THE AREA SPECIALLY B 4W' ITEA. • ® WHEREAS, the County Public Works Department has received a request for improvements signed by all of the owners of property in the area to be specially benefited, requesting paving and drainage improvements to Apple Way from 12th Street, runnjng south approximately 1125 lineal feet; and WHEREAS, the Board of County Camnissioners has considered this request and has determined that it is appropriate for the County to undertake the requested improvements and assess one -hundred percent of the cost thereof to the owners of properties specially benefited, pursuant to authority contained in Ordinance 81-27, and WHEREAS, the Public Works Division has cxmpleted preliminary design work including a cost estimate which indicates the actual total estimated cost of the proposed improvements to be $19,696.25; and WHEREAS, the special assessment provided hereunder shall, for any given record owner of property within the area specially bene- fited, be in an amount equal to 1/8 (12�%) of the actual cost of the project, and shall became due and payable at the office of. the Tax Collector of Indian River County ninety days after the final determi- nation and of the special assessment pursuant to Ordinance 81-27; and and WHEREAS, any special assessment not paid within said ninety (90) day period shall bear interest beyond the due date at a rate established by the Board of County ccrmdssioners at the time of preparation of the final assessment roll, and shall be payable in two (2) equal installments, the first to be made twelve (12) months from the due date and the second to be made twenty-four(24) months fmn the due date; and WHEREAS, after examination of the nature and anticipated usage of the proposed improvements, the Board of County Commissioners has determined that the following described properties shall receive a direct and special benefit fran these improvements, to wit: Lots 1 through 8, Apple Way Subdivision as recorded in the public records of Indian River County in Plat Book 9 Page 2 said land now lying and being in Indian River County, Florida.