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2~1U45182 <br /> <br />ORDINANCE NO. $264 (Copt) <br />provided however, the entire amount so assessed and levied against any lot, tract, or parcel of land <br />may be paid within fifty days from the date of this levy without interest, and the lien of special tax <br />thereby satisfied and released. Each of said installments, except the first, shall draw interest at <br />the rate of seven percent per annum from the time of such levy until they shall become delinquent. <br />After the same becomes delinquent, interest at the rate of fourteen percent per annum shall be paid <br />thereon until the same is collected and paid. <br />SECTION 3. The Ciry 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 />1 <br />as the "Paving District Assessment Fund" for Street Improvement District No. 1191. <br />SECTION 5. Any provision of the Grand Island City Code, and any provision of <br />any ardinance, or part of ordinance, in conflict herewith, is hereby repealed. <br />SECTION 6. This ordinance shall be in farce 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 ~~ ~ (2Piy (b ~ <<1 ~ (v <br />~~A? <br /> <br />Attest: <br />Cindy K. rtw "ght, City Clerk <br />Ken Gnadt, Mayo:~~~ <br />.... ~ r <br />S~RPitR .~Y•=g~~ <br />,. ti~G.. •9r~ <br />'~: ~~ ~~ <br />.. •~£C. tQ, tb~~ ~.•~ <br />~ c •°~ <br />e r..••" <br />N~F3 R A~`~'P <br />Approved as to Form <br />beaember 12, 1996 City Attorney <br />- 4 - <br />