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ON MOTION by Commissioner Ginn, SECONDED <br />by Commissioner Stanbridge, the Board <br />unanimously adopted Resolution 2000-040 <br />providing for the Sebastian Area Phases H -D and H- <br />E Water Expansion (an area north from Wimbrow <br />Avenue including Main Street); providing the total <br />estimated cost, method of payment of assessments, <br />number of annual installments, and legal description <br />of the area specifically served. <br />Providing (First Reso.) 3/00(rsso/sebIIDBE)k/DC <br />RESOLUTION NO. 2000. 040 <br />A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR <br />THE SEBASTIAN AREA PHASES II -D and II -E WATER EXPANSION (AN <br />AREA NORTH FROM WIMBROW AVENUE INCLUDING MAIN STREET); <br />PROVIDING THE TOTAL ESTIMATED COST, METHOD OF PAYMENT OF <br />ASSESSMENTS, NUMBER OF ANNUAL INSTALLMENTS, AND LEGAL <br />DESCRIPTION OF THE AREA SPECIFICALLY SERVED. <br />WHEREAS, the Board of County Commissioners of Indian River County has determined <br />that the improvements herein described are necessary to promote the public welfare of the <br />county and has determined to defray the cost thereof by special assessments against certain <br />properties to be serviced by water main extensions to Phases II -D and II -E of the Sebastian <br />Area (located north from Wimbrow Drive including Main Street), hereinafter referred to as <br />Projects Nos. UW -97-13 and 14 -DS; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. The County does hereby determine that water lines shall be installed to benefit 1,661 lots in <br />an area located north of Wimbrow Drive including Main Street, and that the cost thereof shall <br />be specially assessed in accordance with the provisions of Sections 206.01 through 206.09 <br />of the Code of Indian River County. <br />2. The total estimated cost to be assessed is $3,515,740.52 or $0.194416 per square foot to be <br />paid by the property specially benefited as shown on the assessment plat on file with'the <br />Department of Utility Services. Assessments are to be levied against all lots and lands <br />adjoining and contiguous or bounding and abutting upon the improvements or specially <br />benefited thereby and further designated by the assessment plat with respect to the special <br />assessments. <br />APRIL 49 2000 <br />-119- <br />