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Resolution 82-468R£SOWLION Tp. 468 A PESOIAJILON OF '111E CITY OF IDN(da11D, F[ARIDA, PURSINNL ID FLORIN STATULE 5170.03, DEC[NtIIV; SPECIAL ASSES31ENI5 FUR STREET PAVIIG AND DRAINAI£, DESI(NATSON OF SPREEt5 FU SE II1PROVED, DESI(NAITON OF EXPENSE TF®2FAF, TO BE PAID BY SPECSAL ASSES~f, ANp M4NNE[t OP PAYf1FNf, DEBCRIPIION OF iANOS ASSESSESSm, AND DEC[AFA1'ION OF ESTIMATID OJSLS, WIgLIC15, SEVERABII.ITY, EFFECLIVE D.9TE. WF@RFlS, the City of lrn~.md, Florida, dears it necessary o pave Orange Avmue fran its intersectim wiCh Gran[ Scree[ Co r[s ssrcersecewn with County Road 427, in the Ciry of longwod, Florida; and WHFRF.45, the City of Longwood, Florida, desires eo pay for Che cost of said paving by the lery of special assessrents against certain zeal property located within etra City of iimg~d, FLorida, and being lands ma loos adjoining, cOntiguwa m, bnm,ding, ma abucring n~a the atraat eo be improved; N3~J, T1~URE, RE TT RE~LVED BY THE CITY OFfIISSION OF 1HE CITY OF iANG+I.?3D, FfARll14, AS FULSLRnS: 1. That the x;acure of H;e proposed i.vg;rwerent to be ,wade pursuant to the provisions of Chapter 1]0, Florida SCatuees, 19]7, shall be the paving of Ormge Avewe, within the Ciry of longood, Floriaa, £xan its intersectcm with Grant Street eo its ineersmerrm vetch Gwiry Rnad 427. 2. 16at fifty per cmt of the expense thereof shall be paid by special assessment against lands and logs in the City of Lmgwod, Florida, as hereinafter described, arrd Char fifty percent of the expense thereof sha11 be paid by the Cicy of Iongmod, Florida. 3. Tetat said special asses4rmes ;ray be paid in gross, or sn cm (10) armual Snscallmmcs with no installment payment to be Sess Chan one-tenth of the individual assessrtene, wtiN the first ix;stalLrent to be due and payable October 1, 1983 and with all subsequent installments to be due and payable on tt;e firs[ day of October of ea 2; yrar Hrereafeer, until the more balance shaL1 be paid, with eartr individual assessment to bear interest at the race of eight per cent (8S) per amrwn on the ;mpaid artame. Esther, chat interest sM11 cwrzrence upon Che date of the acceptance of the inprovaimt herein described, and shall bear interest as provided for by the provisions of Florida Statute 51]0.09 (1977). 4. 'hue the special assessm=nt shall be levied against all lots and lands adjoixii.ng and conciguws, ox boisding and abutting upon ehe said i~rovarmt, ~rore specifically designated by tt~e assessnent plat as required by Florida Sta[uce 5170.04 (197]). 5. ltat the total estsmated core of the imprwerent herein desigated is $$81,040.25. 6. lttat the assesavene shall be made against each of the lands and properties as shown on the asses t plat as hexeinabove described, a front-£oD ,pro rata basis, amved at by division o£ the total cost o£ the inprwarene divided by the coral frone-fooeage of c~ch parcel loe or property designated by ehis Resolution, and sho,.x~ upon the assessrrene plae as herein- above provided for. ]. 'fiat all resolutions in conflict herewith, be and the same, are hereby repealed. 8. This Resolution shall becare effective imrediaeely upon passage and adoption. ''" ~ PASSED AND AWPLED T9{IS /~ daY o£ //(, A.D.1982 i~/ C~t~Y o~j~~i~a AT£ESL: C tt[i~^