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Plat Two Subdivision recorded in Plat Book 16, Page 67 of the Official Records of Indian <br /> River County and set forth in Appendix C attached hereto and incorporated herein. <br /> (B) The MSBU is proposed for the purpose of improving the use and enjoyment <br /> of all properties located therein by the provision of the Culvert Replacement Project to <br /> provide a comprehensive, properly functioning stormwater drainage system and the <br /> preservation of safe and adequate ingress and egress for all properties within the MSBU. <br /> SECTION 5. ASSESSMENT ROLL. <br /> (A) The County Administrator is hereby directed to prepare a final estimate of the <br /> Capital Cost and Project Cost of the Culvert Replacement Project and to prepare the <br /> preliminary Assessment Roll for the Fiscal Year beginning October 1, 2025, in the manner <br /> provided in Section 206.32 of the Ordinance. <br /> (B) The County Administrator shall apportion the Capital Cost and Project Cost of <br /> the Culvert Replacement Project among the parcels of real property within the MSBU as <br /> reflected on the Tax Roll in conformity with Article III hereof. <br /> (C) A copy of the Ordinance, this Initial Assessment Resolution, documentation <br /> related to the estimated Capital Cost and Project Cost, and the preliminary Assessment <br /> Roll shall be maintained on file in the office of the County Administrator and open to public <br /> inspection. The foregoing shall not be construed to require that the Assessment Roll be in <br /> printed form if the amount of the Assessment for each Tax Parcel can be determined by <br /> use of a computer terminal available to the public. <br /> SECTION 6. PUBLIC HEARING.There is hereby established a public hearing to be <br /> held at 5:01 p.m. on September 10, 2025, in the Commission Chambers, Indian River <br /> County Administration Complex, 1801 27th Street, Vero Beach, Florida, to consider (A) <br /> 8 <br />