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1 <br />202206391 <br />ORDINANCE NO. 9900 (Cont.) <br />87 <br />400475235 <br />CITY OF GRAND ISLAND <br />PARKING RAMP SUB TO THE CITY OF <br />GRAND ISLAND LTS 1-2-& 3 <br />$0.00 <br />$71,849.59 <br />SECTION 2. The special tax shall become delinquent fifty (50) days from the <br />date of this levy; the entire amount so assessed and levied against each lot or tract may be paid <br />within fifty (50) days from the date of this levy without interest and the lien of special tax <br />thereby satisfied and released. After the same shall become delinquent, interest at the rate of <br />fourteen percent (14%) per annum shall accrue thereon. <br />SECTION 4. Upon due and proper application received from the owner of any <br />assessed tract or parcel, a tax credit may be provided in the amount of $10.00 for each private <br />parking space located upon the assessed tract or parcel, which credit shall be applied against the <br />special tax due not to exceed the amount of the special assessment and tax. To qualify for credit, <br />a parking space shall be of sufficient size for parking a passenger car. Application for the credit <br />shall be made upon a form provided by the City's Finance Department and shall be received <br />prior to the date of the special assessment delinquency. <br />SECTION 4. The city treasurer of the City of Grand Island, Nebraska, is hereby <br />directed to collect the amount of said taxes herein set forth, less applicable credits, as provided <br />by law. <br />SECTION 5. Such special assessments shall be paid into a fund to be designated <br />as the "Vehicle Offstreet Parking District No. 3". <br />SECTION 6. Any provision of the Grand Island City Code, any ordinance, or <br />part of an ordinance in conflict herewith is hereby repealed. <br />-12- <br />