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Providing (First Reso.) <br />RESOLUTION NO. 2015- 073 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR CERTAIN ASPHALT <br />MILLING IMPROVEMENTS TO 9th LANE, IN GLENDALE LAKES <br />SUBDIVISION AND GLENDALE LAKES SUBDIVISION UNIT TWO, <br />PROVIDING THE TOTAL ESTIMATED COST, METHOD OF PAYMENT OF <br />ASSESSMENTS, NUMBER OF ANNUAL INSTALLMENTS, AND LEGAL <br />DESCRIPTION OF THE AREA SPECIFICALLY BENEFITED. <br />WHEREAS, the County Public Works Department has been petitioned for Road Asphalt <br />Milling Improvements for 9th Lane in Glendale Lakes Subdivision and Glendale Lakes Subdivision <br />Unit Two. <br />WHEREAS, the construction of milling improvements by special assessment funding is <br />authorized by Chapter 206, Section 206.01 through Section 206.09, Indian River County Code; and <br />cost estimates and preliminary assessment rolls have been completed by the Public Works <br />Department; and the total estimated cost of the proposed asphalt millings improvements is <br />ELEVEN THOUSAND TWO HUNDRED SEVENTEEN DOLLARS AND TWELVE CENTS ($11,217.12); and <br />WHEREAS, due to the parcel configurations being irregularly shaped, some parcel front <br />footages are disproportionate to others despite each property havingthe equal benefit, therefore <br />the assessment cost based on parcel area (square footage) is the most fair and equitable method <br />for determining the assessment cost; and this method of assessment is agreeable to the property <br />owners in the benefited area; and <br />WHEREAS, the benefiting properties will be assessed for seventy-five percent (75%) of the <br />project's total cost, plus two percent (2%) collection fee. The project's cost is based on the total <br />square footage of the benefiting properties (or assessed properties) and each assessment <br />