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ti p tZ, <br /> Providing (First Reso.) 3/25/97(ENG)RES1. MAG\gfk <br /> • RESOLUTION NO. 97-30 <br /> j`. A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS <br /> OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR <br /> CERTAIN PAVING AND DRAINAGE IMPROVEMENTS TO 60TH <br /> AVENUE SOUTH OF 45TH STREET IN PONDEROSA ESTATES, <br /> PROVIDING THE TOTAL ESTIMATED COST, METHOD OF <br /> PAYMENT OF ASSESSMENTS, NUMBER OF ANNUAL <br /> INSTALLMENTS, AND LEGAL DESCRIPTION OF THE AREA <br /> ' SPECIFICALLY BENEFITED. <br /> WHEREAS, the County Public Works Department has been <br /> petitioned for Road Paving and Drainage Improvement for 60th Avenue <br /> j <br /> i south of 45th Street in Ponderosa Estates. <br /> WHEREAS, the construction of paving and drainage <br /> improvements by special assessment funding is authorized by Chapter <br /> 206, Section 206.01 through 206.09, Indian River County Code; and <br /> cost estimates and preliminary assessment rolls have been completed <br /> by the Public Works Department; and the total estimated cost of the <br /> proposed paving and drainage improvements is SIXTY SEVEN THOUSAND <br /> NINE HUNDRED AND NINE DOLLARS and NINETY ONE CENTS ($67,909.91) ; <br /> 1 <br /> and <br /> WHEREAS, the special assessment provided hereunder shall, <br /> for any given record owner of property within the area specially <br /> benefited, be in an amount equal to that proportion of seventy-five <br /> percent (75%) of the total cost of the project ($50,932.43) which <br /> the number of lineal feet of road frontage owned by the given owner <br /> bears to the total number of lineal feet of road frontage within <br /> the areas specially benefited and twenty-five percent (25%) of the <br /> total cost of the project ($16,977.48) will come from Petition <br /> Paving Account. Assessments are to be levied against all lots and <br /> lands adjoining and contiguous or bounding and abutting upon the <br /> improvements or specially benefited thereby and further designated <br /> by the assessment plat with respect to the special assessments; and <br /> WHEREAS, the special assessment shall become due and <br /> payable at the Office of the Tax Collector of Indian River County <br /> ninety (90) days after the final determination of the special <br /> assessment pursuant to Section 206.08, Indian River County Code; <br /> and <br /> 1 <br />