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RESOLUTION NO. 90- 176
} A RESOLUTION OF INDIAN RIVER COUNTY
,r PROVIDING FOR A WATER MAIN TO BE
INSTALLED IN 25TH AVENUE NORTH OF EIGHTH
STREET, INCLOTITC AfT—ER"fEM� TRE
ETCH STREET WATER MAIN; PROVIDING THE
TOTAL ESTIMATED COST, METHOD OF PAYMENT
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 bene-
fited thereby, which improvements are hereinafter referred
to as Project No. UW -88 -14 -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
shall be installed on 25th Avenue north of Eighth Street,
including an extension of the Eighth Street water main, and
the cost thereof shall be specially assessed in accordance
with the provisions of §11-42 through §11-47 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 $32,234 (or $0.0932 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 $0.0932 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.
^9 ..
F r` RESOLUTION NO. 176
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 i s present I y on f i le wi th 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 roil 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
Wheeler , and the motion was seconded by Commissioner
Scurlock 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 27-- day of November, 1990.
BOARD OF COUNTY COMMISSIONERS
INDIAN RIVER COUNTY, FLORIDA
By --
Attest aro n K. Eg t
Cha man
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