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200500332 <br />ORDINANCE NO. 8948 (Cont.) <br />the rate of fourteen percent (14.0 %) per annum shall be paid thereon, 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 "Paving District Assessment Fund" for Street Improvement District No. 1250. <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any ordinance, or part of ordinance, in conflict herewith is hereby repealed.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 11, 2005. <br />Attest: <br />QCD �L <br />RaNae Edwards, City Clerk <br />-3- <br />