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declared to be liens upon the respective lots, parts of lots or 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 Io% per annum on the unpaid balance, provided no such installment is <br />less than $~S.oO. The City Recorder is directed to enter in the docket of Gity <br />Liens a statement in connection with each unpaid assessment containing the <br />following: <br />~.1 A description of each lot, part of lot ar acreage liable for <br />such improvement; <br />4.2 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 amo€~nt and date from <br />which interest accrues, and the date of entering the same in the docket of <br />City Liens. <br />Section 5. <br />~1} l~pon completion of the improvement project, the City Engineer shall <br />determine the final cost 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 for the <br />improvement shall be assessed to the benefitted parcel of land when adjusting <br />the initial assessments. <br />(2~ When the final costs of the improvement are less that the total <br />initial assessments the Council shall ascertain and declare the excess, which <br />steal 1 be entered as a credit upon the appropriate assessment an the 1 i en <br />docket. If an assessment has been paid, the excess shall be repaid to the <br />owner of the parcel at the time the excess i s declared. <br />ORDINANCE - ~ <br />_....___.~_~~~_~.~__e.W__.__.,.W.~_..u~~..~..~.~.._..__. _~_.~~w.~._a~.~~.,__.~.~e~~e~ee~~.~~.... <br />~. __ <br />