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RESOLUTION NO. 90- 88
A RESOLUTION OF INDIAN RIVER COUNTY PROVIDING FOR
A WATER DISTRIBUTION SYSTEM TO BE INSTALLED IN
CITRUS GARDENS; PROVIDING THE TOTAL ESTIMATED
COS ;—AI7RBDPAYMENT OF ASSESSMENTS, NUMBER OF
ANNUAL INSTALLMENTS, AND LEGAL DESCRIPTION OF
AREAS 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 the properties specially
benefited thereby, which improvements are hereinafter
referred to as Project No. UW -89 -17 -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
distribution system shall be installed in CITRUS GARDENS,
and the cost thereof shall be specially assessed In
accordance with the provisions of 411-42 through 411-47 of
the Code of Laws and Ordinances of Indian River County.
2. The total estimated cost of the above-described
improvements is shown to be $208,373 (or $0.179544137 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 $0.179544137
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 pubic hearing 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. _ 90_88__
If not paid in full, the special assessments may be
paid in five equal yearly installments of principal plus
Interest. If not paid when due, there shall be added a
penalty of 11% of the principal not paid when due. The
unpaid balance of the special assessments shall bear
interest at a rate of 12% from the Credit Date until paid.
5. There is presently on f i le 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 Utilities Services Department shall cause this
resolution to be published at least one time in the Vero
Beach Press Journal before the public hearing required by
511-46.
The resolution was moved for adoption by Commissioner
Scurlock_ and the motion was seconded by Commissioner
Bird and, upon being put to a vote, the vote was as
follows:
Chairman Carolyn K. Eggert Aye
Vice Chairman Richard N. Bird Aye
Commissioner Don C. Scurlock, Jr. Aye
Commissioner Margaret C. Bowman Aye
Commissioner Gary C. Wheeler Aye
The Chairman thereupon declared the resolution duly
passed and adopted this 24th day of July, 1990.
BOARD OF COUNTY COMMISSIONERS
INDIAN RIVER COUNTY, FLORIDA
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