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1 Ordinance No. ORDINANCE NO. 9470 (Cont.) 9470 (Continued) 201400532 Mitchell H. Stauffer, Trustee Commencing at the intersection of the northerly r -o -w line of Wildwood Drive and the westerly r -o -w line of US Hwy 30; thence westerly along the northerly r -o -w line of said Wildwood Drive, a distance of 387.8' to the Actual Point of Beginning; thence continuing westerly along the northerly r -o -w line of said Wildwood Drive, a distance of 417.12'; thence northerly parallel with the westerly r -o -w line of said US Hwy 281, a distance of 150.0'; thence easterly parallel with the northerly r -o- w line of said Wildwood Drive, a distance of 417.12'; thence southerly parallel with the westerly r -o -w line of said US Hwy 281, a distance of 150.0' to the said Point of Beginning. $18,884.80 $238,273.84 SECTION 2. The special tax shall become delinquent as follows: one -fifth of the total amount shall become delinquent in fifty (50) days; one -fifth in one year; one -fifth in two years; one -fifth in three years; and one -fifth in four years, respectively after the date of such levy. SECTION 3. The entire amount so assessed and levied against any lot, tract or parcel of land may be paid within fifty days from the date of this levy without interest, and the lien of special tax thereby satisfied and released. Each of said installments, except the first, shall draw interest at the rate of seven percent (7 %) per annum from the time of such levy until they shall become delinquent. After the same become delinquent, interest at the rate of fourteen percent (14 %) per annum shall be paid thereof, until the same is collected and paid. SECTION 4. The Treasurer of the City of Grand Island, Nebraska, is hereby directed to collect the amount of said taxes herein set forth as provided by law.