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R-63-013• • RESOLUTIONS N ° 2 0 NO. 13 RESOLUTION FOR STREET IMPROVEMENT AND SPECIAL ASSESSMENT. WHEREAS, based on the petitions of at least 75~ of the owners of the real property abutting the streets hereinafter described; and, in the opinion of the Council of the City of Clermont, Lake County, Florida, a necessity exists requiring the clearing, grading, filling, raising, paving, curbing, and draining of the streets hereinafter described in said City; and, WHEREAS, in the opinion of said Council the real property abutting and adjacent to said hereinafter described streets will be especially benefited thereby, and the owners of said abutting and adjacent property will be fully compensated for the improvement costs by the enhancement of the value of their respectively owned real property affected by said improvement; and, the cost of said improvement to each of said property owners will, in the Council`s opinion, be equitable and just in proportion to said increased value; therefore, BE IT RESOLVED by the Council of said City that the following described streets in said City be cleared, graded, filled, raised, paved, curbed, and drained: DE SOTO STREET lying East of Disston Avenue and West of Scott Street; and, JUNIATA STREET lying East of Disston Avenue and West of Scott Street; A.11 as represented on the Official Map of the City of Clermont, filed 2/4/26 and recorded in Plat Book 8, pages 17 to 23, inclusive, Public Records of Lake County, Florida, and, BE IT FURTHER RESOLVED by said Council of said City that it is the opinion of said Council that the cost of clearing, grading, filling, raising, paving, curbing, and draining said streets will be equitable and just to the respective owners of the real property lying adjacent and abutting said streets, and is warranted under a necessity, which exists as well as under the petitions for said improvement signed by at .least 75% of the owners of the real property abutting and adjacent to said streets; and, the cost of said improvement on said streets shall be paid as follows: (a) by the owners of al.l real property adjoining, contiguous, abutting, adjacent, and bounding on said streets to • • RESOLUTIONS N o NO. 13 be cleared, graded, filled, raised, paved, curbed, and drained (intersections excluded) under a special assessment on al.l of said real property equal to 2/3rds of the total cost; and, (b) 1/3rd plus cost of intersections, if any, to by paid by said City from the general improvement fund. Said special assess- ments shall be due and payable in cash to the City on or before 30 days after said special assessments shall stand approved and confirmed, and thereafter shall bear interest at 8~o per annum, payable annua.l.ly, until fully paid. How- ever, any property owner may pay same on or before 5 years, together with interest at 6% per annum, payable annually together with 1/5th of the original principal, provided said owners give the City their promissory note evidenc- ing said improvement indebtedness payable, both interest and principal, in the above manner (prior payments may be made without pena.lty), but said special assessment lien shall remain in full force and effect until all sums due under said note have been fully paid. The total estimated cost of the above described part of Desoto Streets is $1, 302.00, and of the above des- cribed Juniata Street is $1, 302.00. BE IT FURTHER RESOLVED that the plan adopted by said Council to be used for defraying the costs of said improvements as applied to the owners of the real property which abuts and adjoins said respective above described streets shall be according to the front-foot plan and rule, unless the appli- cation of this plan and rule, in Council's opinion, be unjust and unequal, or result in individual cases in assessments in excess of specific benefits received from such improvements, then the Council sha1.1 adopt such rule of apportionment, as shall effect a substantial equality between said owners, considering the benefits received by and burdens imposed on said owners and their respective property. ADOPTED by the City Council of the City of Clermont, Lake County, Florida, at its adjourned Regular Meeting held on February 19, 1963. ~, 21 -.