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PUBLIC NOTICE PAVING & DRAINAGE IMPROVEMENTS TO 60TH AVENUE SOUTH OF 45TH STREET IN PONDEROSA ESTATES SUBDIVISION RESOLUTION NO. 97-30 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR CER. TAIN PAVING AND DRAINAGE IMPROVEMENTS TO 60TH AVE. NUE SOUTH OF 45TH STREET IN PONDEROSA ESTATES, PROVID- ING THE TOTAL ESTIMATED COST, METHOD OF PAYMENT OF ASSESSMENTS, NUMBER OF ANNUAL INSTALLMENTS, AND MAY 20, 1997 LEGAL DESCRIPTION OF THE I WHEREAS, after examination of AREA SPECIFICALLY BENEFITED. the nature and anticipated usage WHEREAS, the County Public of the proposed improvements, the Works Deportment has been peti- Board of County Commissioners tioned for Road Paving and Drain- has determined that the following age Improvement for 60th Avenue described properties shall receive a south of 45th Street. in Ponderosa direct and special benefit from Estates. WHEREAS, the construction a paging and drainage improvement by special assessment funding is authorized by Chapter 206, Sec tion 206.01 through 206.09, Indiar River County Code; and the cos estimates and preliminary assess. ment rolls have been completed by the Public Works Department; and the total estimated cost of the pro. posed paving and drainage improvements is SIXTY SEVEN THOUSAND NINE HUNDRED AND NINE DOLLARS and NINETY ONE CENTS (x67,909.91); and WHEREAS, the special assess- ment provided hereunder shall, for any given record owner of prop- erty within the area specially bene. fit, be in an amount equal to that Proportion of seventy-five percent (75°/6) of the total cost of the project (x50,932.43) which the number of lineal feet of road front. age owned by the given owner bears to the total number of lineal feet of road frontage within the areas specially benefited and twenty-five percent (25%) of the total cost of the project (+16,977.48) will come from Peti. tion Paving Account. Assessments are to be levied against all lots and lands adjoining and contigu. ous or bounding and abutting upon the improvements or specially benefited thereby and further des- ignated by the assessment plat with respect to the special assessment; and WHEREAS, the special assess. merit shall become due and pay. able at the Office of the Tax Col. lector of Indian River County ninety (90) days after the final determina- tion of the special assessment pur- suant to Section 206.08, Indian River County Code and WHEREAS, any special assess- ment not paid within said ninety (90) day period shall bear interest J beyond the due date at a rate: established by the Board of County Commissioners at the time of prep- aration of the final assessment roll, and shall be payable in two (2) equal installments, the first to be made twelve (12) months from the I date and subsequent payments to be de due yearly; and 29 these improvement, to wit: Lots 1 thru 25 and that lot shown as "NOT INCLUDED" on the plat of Ponderosa Estates, Unit 1 as recorded in Plot Book 6, Page 81 in the Public Records of Indian River County, Florida. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORI. DA, as follows: 1. The foregoing recitals are affirmed and ratified in their entirety. 2. A project providing for pov. Ing and drainage improvements to 6% Avenue south of 45th Street in POnderosa Estates; heretofore des- ignated as Public Works Project No. 9536 is hereby approved sub. lett to the twins outlined above and all applicable requirements of Chapter 206, et. seq. Indian River County Code. The foregoing resolution was offered by Commissioner Adams, who moved its adoption. The motion was seconded by Commis- sioner Ginn, and, upon being put to a vote, the vote was as follows: Chairman Carolyn IC. Eggert Aye Vice Chairman John W. Tippin Aye Commissioner Fran B. Adams Aye Commissioner Caroline D. Ginn Aye Comnmissloner Cenneth R. Macht Aye The Chairman thereupon teclared the resolution passed and adopted this 15 day of April, 997. BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA By -s -Carolyn K. Eggert Chairman West. effrey K. Barton, Clerk By -s -PAC Ridgely, D.C. May 6, 1997 1081486r BOOK 101 FADE 40A