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73-XRESOLUTION NO. 73-~ WHEREAS, the City Council of the City of Boynton Beach, Florida, pursuant to the Charter of said City, deems it necessary for the public interest that the public streets of said City, more particularly described hereinafter, be improved by being con- structed, repaired, resurfaced and/or rebuilt; and WHEREAS, the City Council of said City heretofore, by Resolution, according to law, required the City Engineer to prepar, an estimated cost of such improvements and to prepare plans and specifications covering the construction of same; and WHEREAS, the said City Engineer has completed such requirements, and said plans and specifications are now on file in his office; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, as follows: 1. That the public streets hereinafter described shall be constructed and/or rebuilt over the publicly dedicated right- of-way thereof, in accordance with plans and specifications as required by laws of the City of Boynton Beach, Florida, now on file in the office of the City Engineer, said streets being more particularly described as follows: Approximately 400 feet of N.E. 1st Street lying south of N.E. 9th Avenue. Amount of project to be borne by abutting property owners through special assessments Amount of project to be borne by the City Estimated No. of Front Feet Estimated Cost 362 $ 4,130.19 438 4,997.31 TOTAL: 800 $ 9,127.50 Page 1 of 2 2. The City Council will sit for the purpose of hear- ing objections, if any, to the above proposed improvements the ! · ~ day of ~ ,1973, at the hour of 7:45 P.M. at the Boynton Be/a~h City Hall, Boynton Beach, Florida. 3. Each abutting property owner along the abo~e proposed improvements shall be assessed on a front footage basis, charging said owner h~s proportionate share as divided by the total improvement cost. Any such assessment may be paid within ninety (90) days from the date of confirmation thereof, without interest. Thereafter, all assessments shall be payable in three (3) equal consecutive annual installments, together with interest at the rate of eight (8%) per cent per annum, from the expiration Of the said ninety (90) days, in each of the succeeding years at the time or times in each year at which general municipal taxes are payable, provided that any assessment may be paid at any time before due, the date of payment. PASSED AND ADOPTED THIS A.D., 1973. together with interest accrued thereon to CITY OF BOYNTON BEACH, FLORIDA ATTEST: (CORP. SEAL) ~ty ' Clerk By: v.~: ~~_~~ '~- {./Vice-Mayor Coun c i lman Cou~lman Councilman Page 2 of 2