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No. 97-30 <br /> • <br /> - WHEREAS, any special assessment not paid within said <br /> ninety (90) day period shall bear interest beyond the due date at <br /> a rate established by the Board of County Commissioners at the time <br /> of preparation of the final assessment roll, and shall be payable <br /> in two (2) equal installments, the first to be made twelve (12) <br /> • <br /> months from the due date and subsequent payments to be due yearly; <br /> and <br /> WHEREAS, after examination of the nature and anticipated <br /> usage of the proposed improvements, the Board of County <br /> Commissioners has determined that the following described <br /> properties shall receive a direct and special benefit from these <br /> improvement, to wit: <br /> Lots 1 thru 25 and that lot shown as "NOT INCLUDED" <br /> on the plat of Ponderosa Estates, Unit 1 as <br /> recorded in Plat Book 6, Page 81 in the Public <br /> Records of Indian River County, Florida <br /> NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br /> COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br /> 1. The foregoing recitals are affirmed and ratified in <br /> their entirety. <br /> 2. A project providing for paving and drainage <br /> improvements to 60th Avenue south of 45th Street in Ponderosa <br /> Estates; heretofore designated as Public Works Project No. 9536 is <br /> hereby approved subject to the terms outlined above and all <br /> applicable requirements of Chapter 206, et seq. Indian River County <br /> Code. <br /> 2 <br />