Resolution 80-395- No. 395
A [�SOUStICN OF THE CITY �' Iaaa�D, FS� DA POF61IIilTL 1U FIARiIlA
$FAZQIfE 51]0.03, DECTARIliG SPECIAL PS 4 Nf'S £DR S1'AEL PAVING,
DFAIlJP„E PND SE�FAI;r SSNES, SICdW S@+ OF SPI>EEt5 'N
� xrvm�m, DesxwmTxau of rmxrvse T)m+eoe, ro He PUD sr selrsaL
Assessaxrr, AND ememisa oe PAYME1ae, �axrrxau of u� Assess®, wao
DF¢A<wxxar of FserrnATm cols, ma•Tacrs, sevsaAaxxsrY, eeeECrlvE nAxF.
W({F<REAS, ttn City of }Angwxi, Florida, deans it nerzssary to make rertaan
i�rov�ents in the area knwn az imgwcoi Industrial Yazk toNeted by the knam
streets; Mingo Trail, Hope Street and Highline price; legal descriptions of
all pro y auners attached; and,
WtID+FTvS, the City of iong..00d, Florida, desirns to pay for the otst of said
paving, uatcr line, drainage and reerage lines by the levy of special assessient
against certain rnal pmperty located within the —y of xxmg. , Florida, and
tein9 lands and Iota (moan as L 9woa3 Industrial Pazk, Lvrdered by the streets
NQY, Tt�ORE, BE TT AESOLUID BY TEIE C[RT CSTffssI¢4 �' THE CSTY OF
[FTI(',tVND, FIARSDA, AS fOSSF.WS:
1. Tnat the nature of the pxq d inpxovarent to b=_ made pursuant to the
pmvl— of Chapter 170, Florida statutes, 1977, shall to the street paving,
and the installation If water lines, drainage and sexrage lines within the City
of Ieng..osd, Floriaa in the area lmaan as the IAn9wmd Industrial Pazk Mrdexed
by the k.,oan streets; w."go Trail, Hepe street ana Hicj,line Drire.
2. That one hundred percent of this expense thereof slwll to Paid by
special assesvrent against lands and acts in the City of Songxoed, Florida,
az herninafter descrited.
3. Tiwt said special assesmmnts may be paid in gross, or rn ten (10) annual
anstalLre is witl: no install+mnt pay:rent to Ce less than one-tmtt: of the
indiviaual assessnent, with the first instalment to be due and parable O.�/, /%�/
and with all subsequent instalments to to due and payable on the first day o£
o_ eatl; year thernafter, until the entire Wlance sha1.1 L paid, wilt:
each individual assessrtent to bear interest at the rate of ten percent QO&7 per
ann:an on the unpaid aemunt. Fu her, that interest shall amrence t@m the date
of the acceptano=_ of the inQrovamnt herein descrihd, and shall L az interest
az provided for by the provisions of Florida Statute 5170.09 (19]]).
4. Tiwc the special azsesscent sha11 levied aganst all Lana and 1Dts
located in the ama knaun as Irnguwd Zndustrial Para tnrdered by the knaun streets
Mingo Trail, Hme street. and Highline Drive, ;rare specifically designated by
the assesm:ent plat as re;Nired by Florida Statute S170.04 (19]]).
5 ..F U�c l estia.ted .¢ cl.� �Ls _r_n _ eiteci is
$32n,351. Uo.
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