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As Built (Final Reso.) <br />RESOLUTION NO. 96- 65 <br />../ 10/' (-i( ...... ..\w..l...t )r )%rk/mf- <br />A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, <br />CERTIFYING "AS -BUILT" COSTS FOR INSTALLATION OF <br />WATER SERVICE IN VERO GLEN SUBDIVISION (32ND COURT, <br />SW - SOUTH OF FIRST STREET) AND SUCH OTHER CONSTRUC- <br />TION NECESSITATED BY SUCH PROJECT; PROVIDING FOR <br />FORMAL COMPLETION DATE, AND DATE FOR PAYMENT WITHOUT <br />PENALTY AND INTEREST. <br />WHEREAS, the Board of County Commissioners of Indian River County <br />determined that water improvements for properties located within the area of <br />Vero Gleh Subdivision (32nd Court, SW - south of First Street) are necessary <br />to promote the public welfare of the County; and <br />WHEREAS, on Tuesday, October 10, 1996, the Board held a public hearing <br />at which time and place the owners of property to be assessed appeared before <br />the Board to be heard as to the propriety and advisability of making such <br />improvements; and <br />WHEREAS, after such public hearing was held the County Commission <br />adopted Resolution No. 95-132, which confirmed the special assessment cost of <br />the project to the property specially benefited by the project in the amounts <br />listed in the attachment to that resolution; and <br />WHEREAS, the Director of Utility Services has certified the actual <br />"as -built" cost now that the project has been completed is less than in <br />confirming Resolution No. 95-132, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. Resolution No. 95-132 is modified as follows: The completion date for <br />the referenced project and the last day that payment may be made <br />avoiding interest and penalty charges is ninety days after passage of <br />this resolution. <br />2. Payments bearing interest at the rate of 8.5% per annum may be made in <br />ten annual installments, the first to be made twelve months from the due <br />date. The due date is ninety days after the passage of this resolution. <br />3. The final assessment roll for the project listed in Resolution No. <br />95-132 shall be as shown on the attached Exhibit "A." <br />4. The assessments, as shown on the attached Exhibit "A," shall stand <br />confirmed and remain legal, valid, and binding first liens against the <br />property against which such assessments are made until paid. <br />22 <br />MAY 219 1996 <br />uUA 36 f,A6 39 <br />J <br />