Ordinance No. 19518 - Laserfiche WebLink

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of this ordinance. Assessments that remain unpaid after the ten day period are declared to be 1 ~ ens upon the respective 1 ots, parts of 1 ots or parcels of 1 and against which said several amounts are assessed, and may be paid in up to twenty equal semi-annual installments, including principal and interest at the rate of 10% per annum on the unpaid balance, provided no such installment is less than $25.OO. The City Recorder is directed to enter in the docket of City Liens a statement in connection with each unpaid assessment containing the following: 4.1 A description of each lot, part of lot ar acreage liable far such improvement; 4.2 The name of the owner or reputed owner thereof, that the name of the owner is unknown; and 4,3 The sum assessed upon said property, the amount and date from which interest accrues, and the date of entering the same in the docket of City Liens. Section 5. ~1} l~pon completion of the improvement project, the City Engineer shall determine the final cost of the improvement. any special costs ar costs of features of the improvement that benefit a particular parcel of land in a manner peculiar to that parcel, together with its share of the overhead for the improvement shall be assessed to the benefitted parcel of land when adjusting the initial assessments. (2} When the final costs of the improvement are less that the total initial assessments the Council shall ascertain and declare the excess, which shall be entered as a credit upon the appropriate assessment on the lien ORDINANCE - 4 ..~.. _.....~.r....,....~..~.~.._,W,..,..~..~.._,M..,..._...,.,,,..~.,.~..~...,.._..._T..~..__ .............A.,.._.._~.T...._m._,.___.w..._..~.~.._,.._....~,~_..rv..~.,_..,,~..,,..,.,~._.M..._,.~.