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HomeMy WebLinkAbout1993-091. Pro►idin now.) 4/20/93(rww/phww3)Vk/DC ■ 3. he County does hereby determine that Phase III of the Water sin Extension Growth Plan shall be installed in 901 properties, rhich are located generally as described above, and the cost hereof shall be specially assessed in accordance with the irovisions of Sections 206.01 through 206.09 of the Code of Indian tiver County. Che total estimated project assessment cost of the above-described mprovements is shown to be $1,747,374.45 or $0.118489 per square 'oot to be paid by the property specially benefited as shown on the assessment plat on file with the Department of Utility Services. A special assessment in the amount of $0.118489 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. 93---9—t A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR PHASE III OF THE MAIN EXTENSION GROWTH PLAN; WATER PROVIDINGTHE TOTAL ESTIMATED COST, METHOD OF PAYMENT OF ASSESSMENTS, NUMBER OF ANNUALINAND LEGAL STTHEEAREA ESCIPTIONL F SPECIFICALLY DESCRIPTION SERVED. WHEREAS, the Board of County Commissioners of Indian River County has determined that the improvements herein described are the welfare of the county and has deter- necessary to promote public mined to defray the cost thereof by special assessments against certain properties to be serviced by Phase III of the Water Main Extension Growth Plan, located generally in various subdivisions off of Kings ` Highway and State Road 60, hereinafter referred to as Project No. UW -91 -15 -DS; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: ■ 3. he County does hereby determine that Phase III of the Water sin Extension Growth Plan shall be installed in 901 properties, rhich are located generally as described above, and the cost hereof shall be specially assessed in accordance with the irovisions of Sections 206.01 through 206.09 of the Code of Indian tiver County. Che total estimated project assessment cost of the above-described mprovements is shown to be $1,747,374.45 or $0.118489 per square 'oot to be paid by the property specially benefited as shown on the assessment plat on file with the Department of Utility Services. A special assessment in the amount of $0.118489 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. 93--,U— If 9-4 t 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 at a rate of 8% from the Credit Date until paid. 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 F a a P r t , and the motion was seconded by Commissioner _ a d —_, and, upon being put to a vote, the vote was as follows: Chairman Richard N. Bird Aye Vice Chairman John W. Tippin Aye Commissioner Carolyn K. Eggert Aye Commissioner Fran B. Adams Aye Commissioner Kenneth R. Macht Aye The Chairman thereupon declared the resolution duly passed and adopted this 11 day of May , 1993. BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA Attest: Jeffrey x parson ,.,LaerK By ALL6 sr1_�C._� Richard N. Bird Chairman Indim Hkf Ci Ap;,roved Wit Admin. Logel Budget _j -1 uuus« S 3 q3 Hick Mgr.