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HomeMy WebLinkAbout1992-133A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, PROVIDING FOR CERTAIN PAVING AND DRAINAGE IMPROVEMENTS TO THE ROADS IN FLORAL PARK SUBDIVISION, AND RANCH ESTATES SUBDIVISION, PROVIDING THE TOTAL ESTIMATED COST, METHOD OF PAYMENT OF ASSESSMENTS, NUMBER OF ANNUAL INSTALLMENTS, AND LEGAL DESCRIPTION OF THE AREA SPECIFICALLY BENEFITED. WHEREAS, the County Public Works Department has been petitioned for Road Paving and Drainage Improvements for the roads in Floral Park Subdivision, and Ranch Estates Subdivision. WHEREAS, the construction of paving and drainage improvements by special assessment funding is authorized by Section 11-21, 11-22, and 11-41, Indian River County Code of Laws and Ordinances; and cost estimates and preliminary assessment rolls have been completed by the Public Works Department; and the total estimated cost of the proposed paving and drainage improvements is ONE HUNDRED SEVENTY THREE THOUSAND FIVE HUNDRED THIRTY DOLLARS AND NINETY-SEVEN CENTS ($173.530.97); and WHEREAS, the special assessment provided hereunder shall, for any given record owner of property within the area specially benefited, be in an amount equal to approximately that proportion of sixty-seven percent (67%) of the total cost of the project ($117.586.85) which the number of square footage owned by the given owner bears to the total number of square footage within the areas specially benefited and twenty-five percent (25%) of the total cost of the project ($43,382.741 will come from Petition Paving Account; and approximately eight percent (8%) of the total cost of the project ($12.561.381 will come from the Gas Tax Revenue; and WHEREAS, the special assessment shall become due and payable at the Office of the Tax Collector of Indian River County ninety (90) days after the final determination of the special assessment pursuant to Section 11-47, Indian River County Code of Laws and Ordinances; and 1 No. 92--c3 WHEREAS, any special assessment not paid within said ninety (90) day period shall bear interest beyond the due date at a rate established by the Board of County Commissioners at the time of preparation of the final assessment roll, and shall be payable in five (5) equal installments, the first to be made twelve (12) months from the due date and subsequent payments to be due yearly; and WHEREAS, after examination of the nature and anticipated usage of the proposed improvements, the Board of County Commissioners has determined that the following described properties shall receive a direct and special benefit from these improvements, to wit: Lots 1 thru 12, Block 1; Lot 1, Block 2; Lots 6 thru 12, Block 2; Lots 1 thru 12, Block 3; Lot 1, Block 4; Lots 7 thru 12, Block 4; Ranch Estates Subdivision, Plat Book 4, Page 92 of the Public Records of Indian River County. Lots 1 thru 14, Block A; Lots 1 thru 10, Block B; and Lots 13 through 22, Block B; Floral Park Subdivision, Plat Book 5, Page 20 of the Public Records of Indian River County. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY PERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: 1. The foregoing recitals are affirmed and ratified in their entirety. 2. A project providing for paving and drainage improvements to the roads in Floral Park Subdivision, and Ranch Estates Subdivision; heretofore designated as Public Works Project No. 8610 is hereby approved subject to the terms outlined above and all applicable requirements of Section 11- 41, et seq. Indian River County Code of Laws and Ordinances. 2 No. 92- 133 The foregoing resolution was offered by Commissioner Bird who moved its adoption. The motion was seconded by Commissioner Bowman and, upon being put to a vote, the vote was as follows: Chairman Carolyn K. Eggert Aye Vice -Chairman Margaret C. Bowman Aye Commissioner Don C. Scurlock, Jr. Aye Commissioner Richard N. Bird Aye District IV - Vacant The Chairman thereupon declared the resolution passed and adopted this 28 day of j„Iy , 1992. BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA By / �C CAROLYN EGGERT, firman n Attest:'1',_-� JEF Rte^ floralpk.res 3 Admin. Legal t3udget Eng Jc�l. Alsk Mt ADpr;vcd I -J6