Fort Walton Beach Resolution — 77-37-Pinegrove/Pinehurst SD Paving — reading text

o 0 RESOLUT ION NO. 77- 37 A RESOLUTION DETERMINING THAT THE CITY OF FORT WALTON BEACH, FLORIDA SHALL MAKE CERTAIN IMPROVE- MENTS IN ACCORDANCE WITH APPROVED PLANS AND DESIGNS, LEVYING ASSESSMENTS FOR THE TOTAL COST OF SAID IM- PROVEMENTS, SETTING TIME FOR PAYMENT WITH PREPARA- TION OF PRELIMINARY ASSESSMENT ROLL, GIVING NOTICE OF PUBLIC HEARING AND PROVIDING FOR AN EFFECTIVE DATE NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA: SECTION I. It is determined that the City of Fort Walton Beach, Florida, shall make improvements in accordance with plans and designs heretofore submitted to and approved by the City Council and as may be amended during the progress of the work. SECTION II. Said improvements shall be made on the following: PINEGROVE SUBDIVISION ( Gipson Place) Block 1 All Block 2- Lots B, C, D, E, F, G, H, I, J, K, L PINEHURSTSUBDIVISION . ( Pinehurst Dr .) Block 2 - Lots 14, 15, 16, 17 Block 4 - Lot 12 Metes & Bounds - Sec. 11, Range 24S, 2W KELLY' S SUBDIVISION ( Bass Street) Block 2 - Lots 23, 27, 28, 29 Block A Metes & Bounds - Sec. 13, Range 2S, 24W SECTION III. The assessments will be levied on a per foot basis. All assessments due and payable thirty ( 30) after are days completion date. Thirty ( 30) days after completion interest will accrue at the rate of eight ( 8%) per cent per annum on the unpaid balance. The assessments may be paid in five ( 5) annual installments. SECTION IV. Fifty ( 50%) percent of the cost of these improvements shall be borne by abutting property owners and fifty ( 50%) percent of total assessment will be paid with Community Development Block Grant Funds. SECTION V. All lots and land adjoining and contigious or bounding and abutting upon these improvements have a special assessment levied against them, The total cost of said projects is $ 37, 651. 75, and include construction and administrative costs,