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1 <br />4'3200066 <br />ORDINANCE NO. 9757 (Cont.) <br />thereby satisfied and released. Each of said installments, except the first, shall draw interest at <br />the rate of seven percent (7.0%) per annum from the time of such levy until they shall become <br />delinquent. After the same become delinquent, interest at the rate specified by Nebraska Revised <br />Statutes Section 45-104.01, as such rate may from time to time be adjusted by the Legislature, <br />shall be paid thereon until such installment is 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any ordinance, or part of ordinance, in conflict herewith is hereby repealed.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: January 28, 2020 <br />Attest: <br />RaNae Edwards, City Clerk <br />-2- <br />Rog/ . Steele, Mayor <br />,RAND /S <br />v ��pitPOR4 �O <br />sow • <br />OFA iu, ISO, <br />�FBRAS�P <br />