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Resolution 94-735A RDSDLDTTON pF TEE TTY nF LDNe£DDD, £DDE=DA PDEEDANT TD STREETS TaAee =M Es~~Am=oN oF'eE eReoEFZo BY S ssMENT A F MPAYMENT, ss£sSED, D MATED , the City of Longwood, Florida, deems i ary t pave SouthAOak Street, from .its .intersection with E. Maine sAVenve to its intersection with Re ider Aven , and the City of Longwood, Florida, desires to pay f the cost of sa rd paving by the levy of special assessments against That the n of the proposed improvements to be made pursuant to the provisions o hapter 1 Florida Statutes, shall be the paving of south Oak stre etween East Maine Avenue and Reider Avenue. That forty percent of the e shall be paid by special Ent against lands panels lots eo tRe City of ongwood, Florida Sas hereinafter described, and Chats xty percent of the expense thereof shall be paid by the City of Longwood, aid special a may be paid in gross, o ten (30) annual si nstallments with no installment payment to be Sess nstallment to be due and payable o year from the date of Ent of final r solution followingn completion of equalization a rdmhearings a ei th all subsequent installments t e due and payable on the s ach year thereafter, u til t balance shall bea pa id to The einterest rate shall be nestabl ishedrat eight (E) percent per year. the special a e levied against all lots and lands adjoining the c tiguous aor bounding and abutting upon the said improvement o specially benef fitted thereby and further designated by the assessment plat as requiretl by Florida designated is 5]1,9]5.94 D ,P, That t ent shall be made against each of t landssand p[opertiesaa eshown on the a ent plat as hereinabove described, o a front-foot, pro rata basissma ved at the division of the t of the improvement d.iv idedlby the total f footage of leacht parcel, 1 o[ property designated by this same, are hereby [epealed. This R solution shall become effective immediately upon its passage and adoption. ry PASSED AND ADOPTED THZS ~ f~ AY O ahL~ 1554 A. D. /~~x„f3e~a~/ Paul Lovestia , Mayor ~~~ . n~~ ala~na i ity clack Appxovea a and legality fo the a ana reliance of the tiny of Longwooa~ Florida, only. se i~ ~ ~ney City of LongwooS~