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1 <br />1 <br />1 <br />ORDINANCE NO. 9418 (Cont.) <br />201300573 <br />SECTION 3. The entire amount so assessed and levied against any lot, tract or <br />parcel of land may be paid within fifty days from the date of this levy without interest, and the <br />lien of special tax thereby satisfied and released. Each of said installments, except the first, shall <br />draw interest at the rate of seven percent (7 %) per annum from the time of such levy until they <br />shall become delinquent. After the same become delinquent, interest at the rate of fourteen <br />percent (14 %) per annum shall be paid thereof, until the same is collected and paid. <br />SECTION 4. The Treasurer of the City of Grand Island, Nebraska, is hereby <br />directed to collect the amount of said taxes herein set forth as provided by law. <br />as the "Water Fund 461 ". <br />hereby are, repealed. <br />Attest: <br />RaNae Edwards, City Clerk <br />SECTION 5. Such special assessments shall be paid into a fund to be designated <br />SECTION 6. Any ordinance or parts of ordinances in conflict herewith be, and <br />SECTION 7. This ordinance shall be in force and take effect from and after its <br />passage and publication, within fifteen days in one issue of the Grand Island Independent as <br />provided by law. <br />Enacted: January 22, 2013. <br />