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RESOLUTION NO. 95- 133
A RESOLUTION OF INDIAN RIVER COUNTY,
FLORIDA, PROVIDING FOR WATER SERVICE TO
VERO TROPICAL GARDENS; PROVIDING THE
TOTAL ESTIMATED COST, METHOD OF PAYMENT
OF ASSESSMENTS, NUMBER OF ANNUAL INSTALL-
MENTS, AND LEGAL DESCRIPTION OF THE AREA
SPECIFICALLY SERVED.
WHEREAS, the Board of County Commissioners of Indian River
County has determined that the improvements herein described are
necessary to promote the public welfare of the county and has deter-
mined to defray the cost thereof by special assessments against certain
properties to be serviced by a water main extension to Vero Tropical
Gardens and a portion of Paradise Park Unit #3, hereinafter referred to
as Project No. UW -95 -11 -DS;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows:
1.. The County does hereby determine that a water line shall be
installed to benefit 475 lots in Vero Tropical Gardens and a portion
of Paradise Park Unit #3, and the cost thereof shall be specially
assessed in accordance with the provisions of Sections 206.01
through 206.09 of the Code of Indian River County.
2. The total estimated project assessment cost of the above-described
improvements is shown to be $618,360.42 or $0.1563987 per square
foot to be paid by the property specially benefited as shown on
the assessment plat on file with the Department of Utility Services.
3. A special assessment in the amount of $0.1563987 per square foot
shall be assessed against each of the properties designated on the
assessment plat. This assessment may be raised or lowered by
action of the Board of County Commissioners after the public
hearing, at the same meeting, as required by the referenced
County Code.
4. The special assessments shall be due and payable and may be paid
in full within 90 days after the date of the resolution of the Board
with respect to credits against the special assessments after
completion of the improvements (the "Credit Date") without
interest.
RESOLUTION NO. 95- 133
If not paid in full, the special assessments may be paid in ten
equal yearly installments of principal plus interest. If not paid
when due, there shall be added a penalty of 1-1/2% of the
principal not paid when due. The unpaid balance of the special
assessments shall bear interest until paid at a rate to be
determined by the Board of County Commissioners when the project
is completed.
5. There is presently on file with the Department of Utility Services a
plat showing the area to be assessed, plans and specifications, and
an estimate of the cost of the proposed improvements. All of these
are open to inspection by the public at the Department of Utility
Services.
6. An assessment roll with respect to the special assessments shall
promptly be prepared in connection with the special assessments.
7. Upon the adoption of this resolution, the Indian River County
Utility Services Department shall cause this resolution (along with
a map showing the areas to be served) to be published at least
one time in the Vero Beach Press Journal before the public hearing
required by Section 206.04.
The resolution was moved for adoption by Commissioner
Adams , and the motion was seconded by Commissioner T i p p i n
and, upon being put to a vote, the vote was as follows:
Chairman Kenneth R. Macht Aye
Vice Chairman Fran B. Adams Aye
Commissioner Richard N. Bird Aye
Commissioner Carolyn K. Eggert Absent
Commissioner John W. Tippin Aye
The Chairman thereupon declared the resolution duly passed and
adopted this 17 day of October, 1995.
BOARD OF COUNTY COMMISSIONERS
INDIAN RI UNT FLORIDA
Attest:
/
Kenneth R. Vacht
Jeffrey Barton, Chairman