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RECOMMENDATION AND FUNDING <br />It is recommended that the Board: <br />1) Adopt the resolution providing for the paving and drainage improvements for the projects <br />subject to the terms outlined in the resolution. The applicable interest rate shall be established <br />by the Board of County Commissioners at the time the final assessment roll is approved. <br />2) Allocate $20,876.92 from the Petition Paving Account #111-214-541-035.39. <br />3) Adopt a resolution setting the time and place of the Public Hearing. <br />ATTACHMENTS <br />1) Providing Resolution for Paving and Drainage <br />2) Setting Resolution for Public Hearing <br />3) Cost Estimate <br />4) Assessment Roll and Assessment Plat <br />ON MOTION by Commissioner Eggert, SECONDED BY <br />Commissioner Adams, the Board unanimously adopted <br />Resolution 98-126 providing for certain paving and drainage <br />improvements to Airport Drive and Hart Avenue adjacent to <br />Collier Club in Sebastian, Florida, in Roseland Gardens <br />Subdivision, providing the total estimated cost, method of <br />payment of assessments, number of annual installments, and <br />legal description of the area specifically benefitted. <br />Providing (First Reso.) <br />RESOLUTION NO.98-�_ <br />3/25/97(ENG)RES 1.MAG\ktp <br />A RESOLUTION OF THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, <br />PROVIDING FOR CERTAIN PAVING AND DRAINAGE <br />"ROVEMENTS TO AIRPORT DRIVE AND HART AVENUE <br />ADJACENT TO COLLIER CLUB IN SEBASTIAN, FLORIDA <br />IN ROSELAND GARDENS S/D, PROVIDING THE TOTAL <br />ESTIMATED COST, METHOD OF PAYMENT OF <br />ASSESSMENTS, NUMBER OF ANNUAL INSTALLMENTS, <br />AND LEGAL DESCRIPTION OF THE AREA SPECIFICALLY <br />BENEFITTED. <br />WHEREAS, the County Public Works Department and the Developer for Collier <br />Club have initiated a public improvement for Airport Drive adjacent to the Collier Club in Sebastian, <br />Florida in Roseland Gardens SID. <br />WHEREAS, the construction of paving and drainage improvements by special <br />assessment funding is authorized by Chapter 206, Section 206.01 through 206.09, Indian River <br />November 10, 1998 <br />85 <br />BOOK DPAGE <br />