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Resolution 95-814OTION OP THE CZTY OP LONGWOOD, PLORZOA PURSUANT TO PLORIDA STATUTE 170.03, OSCIARING SPECIAL ASSESSMENTS POR MPROVED, U N OF E%PSNSE TNEREOP TO ~PAIU BY SPECIAL AS ESSMBNT AND lfANN®i O ESCRZPTION O ASSESS80, DECLARATION O COSTS, AN OVIDZNG FOR CONFLZ , SEVEAAEILITY AND EFFeCTIVE DATE. <he City of Longwood, Florida, deems it n ary t pav oleander street, from i intersection with wildmere Avenue to ats intersection with Overstreet Avenue, ana , the City of Longwood, Florida, desires to pay foi the of said paving by the levy of special a against ertain real property located within the City of Longwood SFlorida, and being lands and lots adjoining, continuous t bounding, and abutting upon the street to be improved; NON, THEREFORE, BE IT RESOLVED a CITY COMMISSION OF THE CITY OP [UNGMOOU, FLORZOA, AS FOLLOWS. That the nature of the peoposed improvements to be made pursuant t the provisions of Chapter 1 Florida Statutes, shall be the paving of Oleander Street, between Wildmere Avenue and Overstreet Avenue. That forty percent of the expense theieoE shall be paid by special against lands and lots the ity of Longwood, Florsida sas hereinafter described, and that sixty percent of the expense thereof shall be paid by the City of Longwood, Floriaa. That said special a may be paid in gross, o ten (10) a ual installments with no it tai Lment payment to be Less than e-tenth of the individual ent, with the first nstallment to be d and payable o e syear feom the date of actment of final r solution followingncompletion of equalisation and Bearings and with all s Sequent i tallments to be due and payable on the s e date of each year thereafter, until the entire balance shall bea paid. The interest rate shall be established at 8 percent per year. That the special a ent shall be levied against all lots and lands adjoining and c tiguous or bounding and abutting upon the said improvement o ospecially benef fitted thereby and signated by the assessment plat as required by Florida Statute 3"10.04. That the t ted c of the improvement herein designated is $34,69]t06,easlattachedshereto as Exhibit "A . That the a shall be made against a of the lanas6and properties a eshown on the a ent plat as hereinabove described, o a Eeont-foot, pro r a basis ,~ arrived at by division of the tota In costs of the improvement aiviaed by the total front Footage of each parcel, lot, or property designated by this solution, and shown upon the assessment plat as hereinabove provided for. That all r solutions in conflict herewith, be and the same, are hereby repealed. This R solution shall become effective immediately upon its passage and adoption. /~~~/~- PASSED AND ACOPTED THIS ~NJ/DAY OP Wll(J ~l~2i~ 995, A.O. ~~~~ WILLIAX E. WINSTON, NAYOR c~ a~o~~Gf GERALDINE D RI, CITY CLERK s t Approved a o form and legality far the and reliance of the city oe I.ongWOOa, Eloriaa, only. -- - 1nR TY aTTOxxEx CITY OP LONG CONSTRUCTION COST SURVEY PECIFICATIONS, PR SPINAL ENGINEERING EPARATIO INSPECT N A IONS $26,994.99 ,910.12 2,642.45 LEGAL ADVERTISING, RECORDING CONTINGENCY FOR CO POSTAGE ST OVERR TOTAL , UN (10$7 ESTIMATED COST 450.00 $39,69').06 CITY $J4,69~.06 x 60$ _ $20,818.2} RESIDENT $34,691.06 x 40$ _ $13,81R.82 S+R 8_? _ $43.92 316 L. t'. $ 3 92 = $21.96