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Fr- I <br />BOOK 99 FAGS <br />As -Built (Fourth Reso.) 2/19/96(ENG)RES4.MAG\gfk <br />RESOLUTION NO. 96-121 <br />A RESOLUTION OF INDIAN RIVER COUNTY CERTIFYING <br />"AS -BUILT" COSTS FOR CERTAIN PAVING AND DRAINAGE <br />IMPROVEMENTS TO 8TH COURT SOUTH OF 2ND STREET, <br />DESIGNATED AS PROJECT NO. 9416, AND OTHER <br />CONSTRUCTION NECESSITATED BY SUCH PROJECT; <br />-PROVIDING FOR FORMAL COMPLETION DATE, AND DATE FOR <br />PAYMENT WITHOUT PENALTY AND INTEREST. <br />WHEREAS, the Board of County Commissioners of Indian <br />River- County determined that the improvements described herein. <br />specially benefited the property located within the boundaries as <br />described in this title, designated as Project No. 9416, are in <br />the public interest and promote the public welfare of the county; <br />and <br />WHEREAS, on January 16, 1996, the Board held a public <br />hearing in the Commission Chambers at which time the owners of <br />the property to be assessed were afforded an opportunity to <br />appear before the Board to be heard as to the propriety and <br />advisability of making such improvements; and <br />WHEREAS, after such public hearing was held the County <br />Commission adopted Resolution No. 96-05, which confirmed the <br />special assessment cost of the project to the property specially <br />benefited by the project in the amounts listed in an attachment <br />to that resolution; and <br />WHEREAS, the Director of Public Works has certified the <br />actual "as -built" cost now that the project has been completed is <br />$20.13 per front foot, which is less than $21.45 per front foot <br />in the confirming Resolution No. 96-05, <br />NOW THEREFOREp BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY# FLORIDA, that: <br />1. Resolution No. 96-05 is modified as follows: The <br />completion date for Project No. 9416 is declared to be August, <br />1996, and the last day that payment may be made avoiding interest <br />and penalty charges is ninety (90) days after passage of this <br />resolution. <br />2. Payments bearing interest at the rate of 8k% per <br />annum may be <br />made in two (2) <br />equal installments, <br />the first to be <br />made twelve <br />(12) months from <br />the due date and the <br />subsequent <br />43 <br />September 24, 1996 - <br />