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Resolution 84-513[iFSDUILION 513 A RE~LIILL-N OP TkiE CLTY OF IANQJJCD, FIDRLDA, PDRSI14Cif 1Cl FLARIDA STATIII'E 5170.03, DEC[ARING SPECIAL ASSYSSMENLS fLIR SIREET PAtrIlQG, DFSit2ATIDN OF S1REEt5 1Ll BE Il~1PROVED, DESI(PWTICN OF F:XPENSF. 1 THEREOF, 1U BE PAID BY SPECIAL ASShSSMINf, AND MANCIIEIii OF PA1'MFNP, DESCRLPCION OF LANDS ASSESSED, ANp DECIAFAITON OF ESPLMI'ED OJSPS, WNF'LIC15, SEVFRA0ILITY AND EFFECITVE DATE Wf~RFAS, the City Crnmission of the City of Iongwod, Florida, deartt it necessary eo pave West Iake Street frdn its u;cersecerrn'; with State Rnad 434 in the City of Iongwod to i[s intersection with West Warren Avenue in the G1ty of Iongwrod, Florida; and WfixRFAS, the Ciry Camdssi.oa o£ the City of Iungeood, Florida, desires en pay for the costs of said paving by the levy of special assessmant against certain real property located within ehe City of Lmgvod, Florida, ar;d heing ]ands ad lOCe adjoixung, coneanunus to, ~ bounding, mid abuteing upon the sireee to be improved; NSW, TkffREfMiE, BE I'i' RE~LVED BY T1~'. C1TY OJlPIISSIDN OF TktE CITY OF ION(~~WD, FIDRIDA, AS EOIdl%VS: 1. 'that the nature o£ the proposed improverents to be made pursuant to chz provisions of Chapcer 170, Florida Statutes, 1977, shall be ehe paving of West Iake Street, within the City of Irngvod, Florida, fran its intersection with State Road 434 to its ;.ntersectton with West Warren Avenue. 2. that one h~sdred percent of the expense thereof shall be paid by special assessmenC againse lands az;d lots in the City of Inngrood, Florida, as hereinafter described. 3. that sold special assessrtenes may be paid in gross, or in een `~ (10) annual ix;eeallments with no instalLPat payment robe less than one-tenth of Che individual assessment, wixh Che first Cnseallment Co be due az;d payable one year from the dace of macr<rent of final resolution folLwu~g cw~letion of equalization board hearings and with all subsequent insCallmmcs Co be due and payable on ehe smne date of each year thereafter, until the entire balm;ce shall be paid, with each individual assessment to bear interest at the rate o£ eigh[. per cent (BX) per azmuta on ehe unpaid balaz;ce. Feather, chat interest shall cmmieace ~n the date of ehe acceptance of the inryrovers;es herein described end shall bear interest as provided for by the provisions of Florida Statute 5170.09 (19n). ` 8513 Page 2 4. Thae ehe special assesssnnc stall be levied against all lucs and lands adjoining and contiguous, or Wording and abutting ~ the said ingrrovertene, ~rore specifically desigtaeed by ehe assessimnt plae as roquired by Florida Scacute S1]D.OL (19]]). 5. Tnac the total estvreted cost of the ingrwe~c herein desig eed is $13,262.00. 6. 'brae ehe assessrt~c shall be made against each of the lands and properties as shown on the assessment plat as hereinabove described, on a front-fmt, pro rata basis, arr>,ved ac by division of ]re focal costs of the imprwarenc divided by the total front footage of each parcel, loe, or property designated by ehis Resolution, and shocm upon the assessmme plae /' as herevrabove provided for. ]. That all resolutions in conflict herzaith, be and the same, are hereby repealed. 8. Tnis resolution stall becare ef£eceive imrediately ;@on its passage and adoption. PASSED NVD AWP1£D THIS /~2d day of yJ[e¢wL __,AD. 1984. Etay rC'ty f Lmgwotl, f'_oriaar_.. City Cle ;