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e0`"� I U ­ , `7 -j" <br />X11 -r Jr1j6L 4 �j <br />ON MOTION by Commissioner Adams, SECONDED BY <br />Commissioner <br />Ginn, <br />the <br />Board unanimously <br />(4-0, <br />Commissioner <br />Eggert <br />absent) <br />adopted Resolution <br />98-60 <br />certifying "as -built" costs for installation of water service to <br />129` Street and such other construction necessitated by such <br />project; providing for formal completion date, and date for <br />payment without penalty and interest. <br />As Bulk (Final Reso.) 5/98(resMasbullt)Vk/DC <br />RESOLUTION NO. 98- 60 <br />A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, <br />CERTIFYING "AS -BUILT" COSTS FOR INSTALLATION OF <br />WATER SERVICE TO 129TH STREET AND SUCH OTHER <br />CONSTRUCTION NECESSITATED BY SUCH PROJECT; <br />PROVIDING FOR FORMAL COMPLETION DATE, AND DATE <br />FOR PAYMENT WITHOUT PENALTY AND INTEREST. <br />WHEREAS, the Board of County Commissioners of Indian River County determined that <br />water improvements for properties located within the area of 129th Street (between Old Dixie <br />Highway and Riverside Drive) are necessary to promote the public welfare of the county; and <br />WHEREAS, on Tuesday, May 27, 1997, the Board held a public hearing at which time <br />and place the owners of property to be assessed appeared before the Board to be heard as to <br />the propriety and advisability of making such improvements; and <br />WHEREAS, after such public hearing was held the County Commission adopted <br />Resolution No. 97-59, which confirmed the special assessment cost of the project to the <br />property specially benefited by the project in the amounts listed in the attachment to that <br />resolution; and <br />WHEREAS, the Director of Utility Services has certified the actual "as -built" cost now <br />that the project has been completed is less than in confirming Resolution No. 97-59, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. Resolution No. 97-59 is modified as follows: The completion date for the referenced <br />project and the last day that payment may be made avoiding interest and penalty charges is <br />ninety days after passage of this resolution. <br />2. Payments bearing interest at the rate of 8.5% per annum may be made in ten annual <br />installments, the first to be made twelve months from the due date. The due date is ninety <br />days after the passage of this resolution. <br />3. The final assessment roll for the project listed in Resolution No. 97-59 shall be as shown <br />on the attached Exhibit "A." <br />May 26, 1998 <br />0 0 <br />