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200404166 <br />ORDINANCE NO. 8899 (Cont.) <br />except the first, shall draw interest at the rate of seven percent (7.0 %) per annum from the time <br />of such levy until they shall become delinquent. After the same become delinquent, interest at <br />the rate of fourteen percent (14.0 %) per annum shall be paid thereof, until the same is collected <br />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 4. Such special assessments shall be paid into a fund to be designated <br />as the "Sewer Extension Fund" for Sanitary Sewer District No. 507. <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any ordinance, or part of ordinance, in conflict herewith is hereby repealed.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: April 27, 2004. <br />Attest: <br />RaNae Edwards, City Clerk <br />-3- <br />� n -3 Y <br />s„ <br />101Ialoft d hi <br />r••.�a `per <br />