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R-76-282• • RESOLUTIONS N ~ 417 RESOLUTION N0. 282 A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ACCEPTING THE AREA 19 SANITARY SEWAGE COLLECTION SYSTEM, DECLARING THE SPECIAL ASSESSMENTS TO BE DUE AND PAYABLE, PROVIDING FOR THE METHOD OF PAYMENT THEREOF, AND ESTABLISHING PRIORITY OF LIEN AGAINST PROPERTY FOR UNPAID ASSESSMENTS. WHEREAS, The City of Clermont, Lake County, Florida, by Resolution No. 256 duly enacted and resolved on the 27th day of May, A. D. 1975, heretofore authorized the issuance of Water and Sewer Revenue Bonds of the City of Clermont for the acquisition, construction, and erection of extensions and improvements to the municipal water and sewer system; and WHEREAS, by said Resolution No. 256, the City of Clermont has pledged for payment of said certificates the proceeds from special assessments on lands within the City specially benefited by said system; and WHEREAS, the Area 19 Sanitary Sewage Collection System has been constructed in accordance with the specifications of the City of Clermont and completed to the satisfaction of the City of Clermont; therefore BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT, LAKE COUNTY FLORIDA, THAT: SECTION 1. The City of Clermont hereby adopts and accepts the Area 19 Sanitary Sewage Collection System as completed. SECTION 2. The special assessments heretofore levied by the City of Clermont by Resolution No. 253, duly passed and resolved on the 25th day of February, A. D. 1975, are hereby declared to be due and payable on this the 1st day of October, A. D. 1976, and may be paid without interest at the City Hall of the City of Clermont, Florida, at any time within thirty (30) days of the date hereof. Provided, however, that said special assessments may also be paid in ten (10) equal yearly installments and shall bear interest at the rate of six (6) per cent per annum on the balance remaining unpaid. If said special assessments are not paid when due, there shall be a penalty assessed at the rate of one (1) per cent per month on the installment due, until paid. SECTION 3. The special assessments hereby declared to be due and payable shall remain liens, co-equal with the lien of all State, County, District, and Municipal Taxes, superior in dignity to all other liens, titles, and claims, until paid. SECTION 4. This Resolution shall take effect immediately upon its adoption by the City Council and approval by the Mayor. DONE AND RESOLVED THIS 28th day of September, A. D. 1976. CITY OF CLERMONT BY: C~ CLAUDE SMOAK, JR., AYOR ATT ST: DOLO ES W. CARROLL, ITY ERK