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91-11 v RESOLUTION NO. 91-11 A RESOLUTION AMENDING RESOLUTION NO. 88-7 OF THE CITY OF ATLANTIC BEACH, FLORIDA, WHICH ADOPTED MATTERS IN CONNECTION WITH PLANS, CONSTRUCTION COSTS, LEVY AND COLLECTION OF SPECIAL ASSESSMENTS FOR SECTION (H) , TO CHANGE THE TIME FOR PAYMENT OF SPECIAL ASSESSMENTS, AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Atlantic Beach, Florida has previously adopted its Resolution No. 87-2 , as amended by Resolution No. 87-4 and Resolution No. 88-7, and has adopted its Resolution No. 88-11, adopting the assessment plat and plans and specifications for Section (H) of the Master Plan for Roadway, Drainage, Water Distribution, Fire Protection and Wastewater Collection Design Report prepared by Bessent, Hammack & Ruckman, Inc. , and adjusting and equalizing the special assessments, and WHEREAS, Resolution 88-7 provided in Section 4 thereof that the special assessments could be paid in not exceeding eighteen(18) equal yearly installments, and WHEREAS, the City Commission desires to provide for payments of the special assessments in equal yearly installments not exceeding twenty(20) years. NOW THEREFORE BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF ATLANTIC BEACH AS FOLLOWS: SECTION 1. Resolution 88-7 , Section 4 . PAYMENT OF SPECIAL ASSESSMENTS is hereby amended to provide that the special assessments shall be paid in not exceeding twenty (20) equal yearly installments. All remaining provisions of Section 4 . and of Resolution 88-7 shall remain in full force and effect. SECTION 2 . This Resolution shall take effect immediately upon its adoption. PASSED by the City Commission of Atlantic Beach, Florida this 25th day of March, 1991. Attest: 111 MA EEN KINGdAyAl WILLIAM I. GULLIFO'N) City Clerk Mayor, Presiding Of •` Approved as to farm and correctness: 4,0177 C. J City Att•iey