Laserfiche WebLink
<br />commencing ten days after the effective date of this ordinance: <br /> <br />4.1 In up to twenty semi-annual installments, including <br /> <br />principal and interest at the rate set by the City Manager as <br /> <br />provided in E.C. 2.022 through 2.024. <br /> <br />4.2 If the property owner so elects, in 120 monthly install- <br /> <br />ments, including principal and interest at the rate set by the City <br /> <br />Manager as provided in E.C. 2.022 through 2.024 plus a service <br /> <br />charge to be determined by the City Manager as provided in E.C. <br /> <br />2.020. <br /> <br />Section 5. <br /> <br />The City Recorder is directed to enter in the <br /> <br />docket of City Liens a statement in connection with each unpaid <br /> <br />assessment containing the following: <br /> <br />5 . 1 A description of each lot, part of lot or acreage <br /> <br />specially benefitted by the local improvement; <br /> <br />5.2 The name of the owner or reputed owner thereof, or that <br /> <br />the name of the owner is unknown; and <br /> <br />5.3 The sum assessed upon said property, the amount and date <br /> <br />from which interest accrues, and the date of entering the same in <br /> <br />the docket of City Liens. <br /> <br />Section 6. Upon enactment of this ordinance, the City Finance <br /> <br />Officer shall send notice of the assessments by first class mail to <br /> <br />Ordinance - 4 <br />