R-62-0011 •
RESOLUTIONS N °_ 1
NO. 1,
RESOLUTION FOR STREET IMPROVEMENT
AND SPECIAL ASSESSMENT
WHEREAS, based on the petitions of at least 75Jo of the owners of the
real property abutting the respective streets hereinafter described and in
the opinion of the City Council of the City of Clermont, Lake County, Florida,
a necessity exists requiring the clearing, grading, filling, raising, paving,
curbing and draining of the hereinafter described streets in said City as
hereinafter specified; and,
WHEREAS, in the opinion of the City Council of said City, the property
and real estate abutting and adjacent to the respective hereinafter described
streets will be especially benefited thereby, and the owners of the property
abutting and adjacent thereto will be fully compensated for the cost of said
improvement in the enhancement of the values of the real estate and property
affect ed by said improvements, and the cost to said property owners, in the
opinion of the City Council of said City, will be equitable and just in propor-
tion to said increased value; therefore,
BE IT RESOLVED by the City Council of said City that the following
described streets in said City of Clermont shall be cleared, graded, filled,
raised, paved, curbed and drained, to -wit:
MILLHOLLAND STREET, North of State Road 50 and South of
Almond Street,
and,
BE IT FURTHER RESOLVED by the City 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 just to the respective prop-
erty owners thereon, 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 real property abutting and adjacent to the respective streets;
and, that the cost of the said improvement on each described street shall
be paid as follows: (a) by the owners of all of the lots and lands adjoining
and contiguous or bounding and abutting upon the respective streets to be
cleared, graded, filled, raised, paved, curbed and drained (intersections
excluded) under a special assessment on all of said lots and lands equal
to two-thirds (2/3) of the total cost and (b) one-third (1/3) plus costs of
intersections, if any, to be paid by the said City from the general improve-
ment fund; and, said special assessments shall be due and payable in cash
to said City on or before thirty (30) days after said special assessments
shall stand approved and confirmed and thereafter same shall bear interest
at the rate of eight per centum (8°Jo) per annum, payable annually until
fully paid, or any owner may pay same on or before five (5) years together
with interest at the rate of six per centum (6Jo) per annum payable annually
together with at least one-fifth (1/5) of the original principal provided said
owners give the said City their promissory note evidencing said indebtedness
• •
RESOLUTIONS N °_ 2
NO. 1 (Cont'd. )
payable, both principal and interest, in the above manner with said interest,
(prior payments thereon may be anticipated), but said special assessment
lien shall remain in full force and effect until all sums due under said note
have been fully paid; and the total estimated cost of said street improvement
is: MILLHOLLAND STREET, North of State Road 50 and South of Almond
Street, $3, 157. 16.
BE IT FURTHER RESOLVED that the plan adopted by the Council of
said City to be used for defraying the cost of said improvements as applied
to the property owners whose property abuts and adjoins said respective
streets shall be according to the front-foot plan and rule, provided that the
application of this plan and rule, in the opinion of the Council of said City,
be unjust and unequal, or result in individual cases in assessment in excess
of specific benefits received from such improvements, then 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.
ADOPTED by the City Council of the City of Clermont, Lake County,
Florida, at its Regular Meeting heldust 7, 1962, in Clermont, Florida.
t~ t;ter
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