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200007907 exceeds the amount assessed against each lot or parcel of land to pay the cost of said improvements. Section 2. There is hereby levied and assessed upon the several lots and parcels of land in said Street Improvement Districts, Water Improvement Districts and Sanitary Improvement District above described, special assessments to pay for the costs of said construction abutting said street and lots as set out in attachments attached hereto which are made a part hereof by reference. That the assessments upon each lot and parcel of land are not in excess of benefits thereto specifically accruing from the construction of said improvements and the special assessments have been apportioned among the several lots and parcels of land subject to assessments in proportion to the special benefits accruing to said lots and parcels of land respectively from such improvements. Section 3. That said special assessments above described shall be a lien upon the property on which they are levied from the date of the passage of this resolution and shall be certified by the City Clerk for collection; that the City Clerk shall also at the time provided by law cause such assessments or portions thereof then remaining unpaid to be certified to the County Clerk of Hall County, Nebraska, for entry upon the proper tax lists; said assessments shall be payable thereafter to the Hall County Treasurer. Section 4. The special assessments above provided for shall become due in 50 days after the date of the passage of this resolution and may be paid within that time without interest, but if not paid, to bear interest thereafter at the rate of Eight Percent (80) per annum until delinquent; such assessment shall become delinquent in annual installments over a 10 -year period. Delinquent installments shall bear interest at the rate of Fourteen Percent (1401) per annum until paid and shall be collected in the usual manner for the collection of taxes. Section 5. That this Ordinance shall be in force and take effect from and after its passage and publication within 15 days in one (1) issue of The Wood River Sunbeam as provided by law and that all Ordinances or parts of Ordinances in conflict herewith are hereby amended to comply herewith. Enacted this 18th day of January 2000. ATTEST: 4C� TY CLERK D0C \WDRVRIMP.0RD MA U CO ?k 0 NEBRASKA �,,��C�D NR l� ,..