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R-90-697a N0. 697 RESOLUTION A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, PROVIDING FOR IMPROVEMENTS TO DISSTON STREET; PROVIDING FOR THE NATURE OF IMPROVEMENTS; PROVIDING FOR SPECIAL ASSESSMENT; AND PROVIDING FOR THE TOTAL ESTIMATED COST. The City Council of the City of Clermont, Lake County, Florida, hereby ordains that: SECTION 1. The City Council proposes to open and improve Disston Street from the South right-of-way line of Highland Avenue, to the North right-of-way line of State Road 50, all according to Official Map of the City of Clermont, recorded in Plat Book 8, Pages 17-23, inclusive, Public Records of Lake County, Florida. SECTION 2. The nature of the improvements are grading, drainage retention, and paving according to the standards for streets established by the City of Clermont. SECTION 3. The entire portion of the total costs of the improvements shall be paid by Special Assessment pursuant to Section 170, Florida Statutes. Said Special Assessment shall be based upon a prorata share of the total front footage of adjacent lands. The Special Assessment shall require that one-third of the cost be paid from the general improvement fund of the City of Clermont and the balance of the two-thirds paid by the property owners of lands adjoining the said improvements. SECTION 4. Payments may be made in a lump sum on or before February 1, 1991, or in five (5) equal annual installments together with interest at the rate of twelve percent (12$) per annum with the first payment due and payable February 1, 1991. SECTION 5. The lands to be assessed are all lands adjoining the said portion of Disston Street to be improved. SECTION 6. The total estimated cost of the improvements is EIGHTY-FIVE THOUSAND AND NO/100 DOLLARS ($85,000.00). DONE AND ORDERED by the City Council of the City of Clermont, Lake County, Florida, in regular meeting, this --,~ 7 ~' day of ~~r~'t~~~1990. ROBERT A. POOL, Mayo ATTEST: i~~~~~1 ~. tea-, T~l'~/// l `J,S~H E. VAk~'`LIL'E, City Clerk ~;,-