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1 <br />ORDINANCE NO. 9677 (Cont.) <br />SECTION 2. The special tax shall become delinquent as follows: One - seventh of <br />the total amount shall become delinquent in ten days; one - seventh in one year; one - seventh in <br />two years; one - seventh in three years; one - seventh in four years; one - seventh in five years; one- <br />seventh in six years respectively, after the date of such levy; provided, however, the entire <br />amount so assessed and levied against any lot, tract or parcel of land may be paid within twenty - <br />five (25) days from the date of this levy without interest, and the lien of special tax thereby <br />satisfied and released. Each of said installments, except the first, shall draw interest at the rate of <br />not exceeding seven percent (7.0 %) per annum from the time of such levy until they shall <br />become delinquent. After the same become delinquent, interest at the rate of three - fourths of one <br />percent per month shall be paid thereon as in the case of other special taxes, until the same is <br />collected and paid. <br />SECTION 3. 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 />SECTION 5. Any provision of the Grand Island City Code, and any provision of <br />any ordinance, or part of ordinance, in conflict herewith is hereby repealed. <br />SECTION 6. 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: February 27, 2018 <br />Attest: <br />RaNae Edwards, City Clerk <br />2 <br />201801201 <br />