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200410483 ORDINANCE NO. 8939 (Cont.) Brett & Lori Nellson Lot 11, Block 1, Gosda Subdivision 2,931.82 Janice & Merle Simmons Lot 12, Block 1, Gosda Subdivision 2,931.82 R. Rebecca Donovan Lot 13, Block 1, Gosda Subdivision 2,931.82 Steven & Connie Asche Part of the SE1 /4, NE1 /4 of Section 23- T11N -R10W, 10,915.97 more particularly described as follows: Beginning on the South ROW line of Lillie Drive at the southerly prolongation of the east line of Lot 13, Block 1 Gosda Subdivision; thence south 224 feet; thence west parallel to the south ROW line of Lillie Drive to the prolongation of the west ROW line of Mabel Drive; thence north to the south ROW line of Lillie Drive; thence east to the point of beginning. TOTAL $25,575.60 SECTION 2. The special tax shall become delinquent as follows: One -tenth of the total amount shall become delinquent in fifty days; one -tenth in one year; one -tenth in two years; one -tenth in three years; one -tenth in four years; one -tenth in five years; one -tenth in six years; one -tenth in seven years; one -tenth in eight years; and one -tenth in nine years respectively, after the date of such levy; provided, however, the entire amount so assessed and levied against any lot, tract or parcel of land may be paid within fifty days from the date of this levy without interest, and the lien of special tax thereby satisfied and released. Each of said installments, except the first, shall draw interest at the rate of seven percent (7.0 %) per annum from the time of such levy until they shall become delinquent. After the same become delinquent, interest at the rate of fourteen percent (14.0 %) per annum shall be paid thereof, until the same is collected and paid. SECTION 3. The assessments for Steven and Connie Asche have been deferred in accordance with City of Grand Island Resolution 2004 -112 approved on May 11, 2004, and shall not accrue interest until terminated in accordance with Neb. Rev. Stat. §19-2428 through § 19 -2431. -2-