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HomeMy WebLinkAboutR-63-019 • • RESOLUTIONS N o 2 g NO. 19 RESOLUTION FOR STREET IMPROVEMENT AND SPECIA L ASSESSMENT WHEREAS, based on the petitions of at least 75~ of the owners of the real property lying south of and abutting the street 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 street hereinafter described in said City; and, WHEREAS, in the opinion of the Council the real property abutting and adjacent on the south to said street will be especially benefitted 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 im- provement 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 de- scribed street in said City be cleared, graded, filled, raised, paved, curbed, and drained: North 50 feet of Lot 3, Block "O", as represented on the map or plat of the Townsite of Clermont, duly filed and recorded in Plat Book 3, Page 5> 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 street will be equitable and just to the re - spective owners of the real property lying south of and adjacent to and abutting said street, 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 lying south of and abutting and adjacent to said street; and, the cost of said improvement on said street shall be paid as follows: (a) by the owners of all real property lying south of and adjoining, contiguous, abutting, adjacent to, and bounding on said street to be cleared, graded, filled, raised, paved, curbed, and drained (intersections excluded) under a special assessment on all of said real property equal to 1/3 of the total cost; and, (b) 2/3 plus cost of intersections, if any, to be paid by said City from the general improvement fund. Said special assessments shall be due and payable in cash to the City on or before 30 days after said special assessments shall stand approved and con- firmed, and thereafter shall bear interest at 8~ per annum, payable annually, until fully paid. However, any property owner may pay same on or before 5 years, together with interest at 6~ per annum, payable annually together with • • RESOLUTIONS N ° 2 9 NO. 19 1/5th of the original principal, provided said owners give the City their promissory note evidencing said improvement indebtedness payable, both interest and principal, in the above manner (prior payments may be made without penalty), 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 Roane Road is $5, 273.20. 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 above described street on the south shall be according to the front-foot plan and rule unless the application of this plan and rule, in Council's opinion, be unjust and un- equal, or result in individual cases in assessments in excess of specific benefits received from such improvements, in which case the Council shall 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, except an assessment for a par- cel of 3h5 feet at $2.90 per foot unit price which is, by prior agreement with the owner, an established price per foot and will not be apportioned or re- adjusted as hereinabove provided. ADOPTED by the City Council of the City of Clermont, Lake County, Florida, at its Regular Meeting held on July 2, 1963. ~___ ,~ ,~ ~ _,_~ ,_ ./ ity Clerk 7; `` / i/ %; ~ /