Laserfiche WebLink
Section 4. That the City Council does hereby determine that each parcel <br />of land or lot hereinabove described is specially benefitted to the extent of <br />the initial assessment set forth. The Finance Officer shall give notice of the <br />assessments to the owners of the assessed parcels advising them the assessment <br />may be paid in full, without interest, within ten days of the date of adoption <br />of this ordinance. Assessments that remain unpaid after the ten day period are <br />declared to be liens upon the respective lots, parts of lots ar parcels of land <br />against which said several amounts are assessed, and may be paid in up to <br />twenty equal semi-annual installments, including principal and interest at the <br />rate of 10%a per annum on the unpaid balance, provided na such installment is <br />less than $25.00. The City Recorder is directed to enter in the Jacket of City <br />Liens a statement in connection with each unpaid assessment containing the <br />fallowing: <br />4.1 A description of each lot, part of lot or acreage liable far <br />such improvement; <br />4.~ The name of the owner or reputed owner thereof, that the name of <br />the owner is unknown; and <br />4.3 The sum assessed upon said property, the amount and date from <br />which interest accrues, and the date of entering the same in the docket of <br />City Liens. <br />Sectian 5. <br />~1} I~pon completion of the improvement project, the City Engineer shall <br />determine the final cast of the improvement, any special costs or costs of <br />features of the improvement that benefit a particular parcel of land in a <br />manner peculiar to that parcel, together with its share of the overhead far the <br />ORDI~lANCF - 4 <br />