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RESOLUTION NO. 93- 120
A REBOLUTION OF INDIAN RIVER COUNTY, FLORIDA,
PROVIDING FOR WATER MAIN EXTENSION TO 102ND TERRACE
AND 99TH WAYS PROVIDING THE TOTAL ESTIMATED COST,
METHOD OF PAYMENT OF ASSESSMENTS, NUMBER OF ANNUAL
INSTALLMENTS, 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 determined to defray
the cost thereof by special assessments against certain properties to be
serviced by a water main extension to 102nd Terrace and 99th Way,
hereinafter referred to as Project No. UW -92 -35 -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 main extension shall
be installed to provide service for 10 properties, which are
located generally as described above, 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 $165,810.00 or $0.068874 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 $0.068874 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 aftQr 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.
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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 1-1/28 of the principal
not paid when due. The unpaid balance of the special assessments
shall bear interest at a rate of 88 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, plane 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 Macht , 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
zT -Chairman thereupon declared the resolution duly passed and
zt; ��iogted d. 13th day of July, 1993.
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BOARD OF COUNTY COMMISSIONERS
INDIAN RIVER COUNTY, FLORIDA
By
Richard N. Bird
Chairman
Indirn iilv�r Ga — Approved % 04te
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