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Resolution 88-6180.EE OLOTION OP THB LONC,WOOD, URSUANT TO CIFLORZDA STATUTE ASSESSMENTS £OR STREETS TOCLBEINI MPROVE DL DESIGNATION OP E%PENEE THEREOF TO BE BY SPECIAL ASSESSMENT AND MANNER OF PAYMENT, DESCRIP- TION OF LANDS ASSESSED, DECLARATION OF ESTIMATED COSTS, AND PROVIDING FOR CON- FLICTS, SEVERABILITY AND EFFECTIVE DATE. WHEREAS, [he City of Longwood, Plox id a, deems it necessary co pa a Lakeview DIJW between Or ge Avenue and NI-1, Avenue, and WHEREAS, the City of Longwood, Florida, desires to pay for the cost of said paving by [he I— of special assessments against certain real properly located Within the City of Longwood, Florida, and being lands and lots atlj of ni ng, continuous co, bounding, and abutting pon [he scree[ to be improved; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LONGW00D, FLORIDA, AS FOLLOWS: 1. That thN nature of th p oposed improvements to be made puns - co the provisions of C pter I10, Florida S cacu[es, shall be the paving of La kevi— Drive, be[Ween Orange Avenue and Church Avenue. 2. Thal nin ty I-- of the p se thereof E ha11 E. p d by special assessment gams[ lands and lots in the City of Longwood, Florida, as hereinafter described, and that ten percent of the expense thereof shall be paid by [he City of Longwood, Florida. 3. That said special as Ee ssmenls may be paid in gross, or in ten (10) annual ins[allmenes with no inscallme nt payment to be less than one -tenth of [fie individual a sgessme nc, ith the firs[ installment to be due and payable one year Exam the dace of enactment of final resolution following completion of eq uallsarion board hearings and wi[T all sub q nt rust. llmencs co be due and payable on tfie same dace of each yaar thereafter, uneil tfie entire balance sha 11 r IN. paid. The irtceres[ race shall be es ca bushed a[ 8 percent