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<br />DESCRIPTION AND CONDPITONS
<br />Fixed interest rates charged by the County for financing utility assessments, utility impact fees,
<br />petition paving assessments, and any other financing is scheduled to be set on an annual basis in
<br />January of each year. For the 1998 calendar year, the assessment/financing fixed interest rate was
<br />set at the -prime rate which was 81/2% at the time. The prime interest rate in the Wall Street Journal
<br />on Tuesday, December 1, 1998, is 7 % % which would mean a decrease in the rate from 1998 to
<br />1999 of 3/4%. (.75 %). The only exception to this interest rate would be if the project was directly
<br />affiliated with a bond issue and the requirements dictated a different interest rate.
<br />RECOMMENDATION
<br />Staffrecommends that the Board of County Commissioners approve the fixed interest rate of 7 3/4%.
<br />ON MOTION by Commissioner Adams, SECONDED BY
<br />Commissioner Stanbridge, the Board unanimously approved the
<br />new annual fixed interest rate of 73/4% for the 1999 calendar
<br />year, as recommended in the Memorandum.
<br />9.A.1. PUBLIC HEARING - PELICAN POINTE CORPORATION -
<br />SPECIAL EXCEPTION USE/CONCEPTUAL PLANNED
<br />DEVELOPMENT PLAN APPROVAL FOR 15 DETACHED SINGLE
<br />FAMILY UNITS
<br />wrlsss-Jourtwu
<br />Published Daffy
<br />Vero Beach, Indian River County, Florida
<br />COUNTY OF INDIAN RIVER: STATE OF FLORIDA
<br />Before the undralgned eutnrity Paieorha� appeared Darryl K. HRccs who an
<br />oath says that he a F4esldrrt of Bre Pre"9s4o n a dally newspaper published at Vero Beady
<br />In Irdan River Canty. Florida: that tie attached copy of art, being
<br />in the Court, was pub
<br />Bshed lo saidnewspaperm the lasues of Nbdk � r 75 n A CIA
<br />Affiant further says that the sold Press Journal Is a newspaper published at Vero Beach, in
<br />said Indian River County, Florida, and that the said has heretofore been
<br />confinuouslypublished semrd Class mel matterlo at t he � of a In Vero 8 � new has
<br />Chou ty Fiaddaa,,
<br />for a prod of she year next preceding the first pubscatbrh at the attached copy of
<br />edvertsement and affiant twdot says that he hes neither paid nor prahhaed any person, firm
<br />ar caoorrppoorraation airy Y=
<br />rte, cormbsion or refund for the purpose of securing this
<br />advrtlsemrrt for pubBcatan in said newspaper.
<br />subscribed before me Vilsft E t dell oL1LW-1 a n. /meq
<br />srcox�msss�oxcxsiofs`•,*9 iC,
<br />k n�euy���pgO"C[6/1093 : c ; RHONDA STANG
<br />o s Notary Public, State of Florida
<br />tAy Commission 01, 2001
<br />Comm. No. CC811 Known o Produced ID 0
<br />•ya`�`fi: $� o000
<br />Pereanaih'
<br />TypeotIn Produced
<br />December 8, 1998
<br />17
<br />ESM
<br />wr*. err
<br />Cil
<br />CGiJi. �
<br />t;hr
<br />?PIOTia OF PUBLIC HEARING•
<br />4.Wce of hewing to..cauidr
<br />galling of special exception use
<br />opp�l for a 15 lot single family
<br />I)Iph-d development on properly
<br />ku"Y owned by Pelican Porde,
<br />Edpl; and located In Sed" 20,
<br />fiownship 31 and Rarge 39, in the
<br />stoop portion of. thK Pelcan
<br />Penile dmrolopnhnd. See the above
<br />map for thus bastion.
<br />• A, public ih wbV at which poi.
<br />ges'•In tiftest mid ai:iruNovi an ilnad
<br />bs nth e B to be oaf
<br />'
<br />Co=ksfaners of Indian
<br />RivesCounty, Florida, In the
<br />Ca>+nfy Commission Chambers of
<br />fli► Coady Administration Bulldnp,
<br />�Oogled at 1840 25th•Stred, Vero
<br />11e0, Florida on Tuesday, Denm-
<br />,3t•1998
<br />Pleass direct piambg-related
<br />�ypns to the currrd develop-
<br />!!� dO:plaming section at 567.
<br />W. 242.
<br />-,(►Pyone who may wish to
<br />gppeal any decision which may be
<br />".Cad4 at this mea" will need to
<br />ero)e that a verbatim record of
<br />t,0e,,proceedins Is male, which
<br />irxludes testimony, and "wence
<br />YDA>f .which the appeal Is based.
<br />•
<br />grNE WHO NEEDS A SPE.
<br />gr
<br />ACCOMMODATION FOR
<br />THI5rMEETING MUST CONTACT
<br />THE,,:000NTY'S AMERICANS
<br />WITH. DISABILITIES ACT (ADA)
<br />COORDINATOR AT 5674000
<br />X223. AT LEAST 48 HOURS IN
<br />AgYaANCE OF THE MEETING.
<br />INDIAN RIVER COUNTY
<br />ww,n BOARD OF. COUNTY,
<br />COMMISSIONERS
<br />BY•s John W. Tipper
<br />UO,WAw 25, IM • 1551691r
<br />�� r 01
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