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<br />= ����"� ce�tion 2. The assessmeats foz sidewalk improvetaents shall .
<br /> - `� becom� deliaqu�nt f.A e9na1 �nnua� ins���ts over a period of ` _•_
<br /> �� io years, the firat such equal installmeat shall become � �. R
<br /> . de�nt i.n 50 d�ys after the date of levy and passage of this _ .
<br /> � �� prdinance. Each in$talltaent shall draU� interest at a rate of 7.75� `': ;
<br /> : .. . per annum from th� date af passage of th�s Ordinance uatf l the seme -�:�:,�.= ,�f `.:;-. .G..�:;;
<br /> . � shall becoma delinqueat and after the sa�ae becomes delinquent, .:,-•,, �.. ;- :
<br /> � � interest at the rate specified in � 45-104.01, R- • Ne f '�' ° -
<br /> (currentlp 14� per annu�m) ag such rate m�y from tiiae �o t e be : �T�
<br /> ; �� �.:,
<br /> ' a d j u s t e d b y t h e �e qislature, shall be paid thBreon. Should there ; � , _
<br /> be tLree (3) or more such installments de l i nquen t a n d u n g a i d o n t h e �, . A _
<br /> � s a m e p r o p e rt y, the Cit y Couacil may by Reso2ution declare all
<br /> to be accelerated ` *
<br /> f u t u r e �.n s t a l l m e ats oa such delinquent prope r t y _
<br /> _,;.T.:��.;-T:;: �._ to become due and payable immediately on a fised future d a te. _ _
<br /> Section 3. Al1 of such i.nstallments may be paid at one time ` _
<br /> "�-`-��-� .� on any lot or land within 50 days from the date of the levy without :, -- -
<br /> ' interest and if so paid, such lot or land sha11 be exempt from any , ,,�:,_:�
<br /> � ` � liea or charge therefor. ,. �;=°;;_:
<br /> � �� � ;:,: ��-..��..'.;'` -
<br /> J`��..:` �"°.'�� ..: Sect�.an 4� Any assessments ar portions thereof remaining .:•
<br /> .,,-:.h.�tt.'�.a...�
<br /> �t :: � unpaid after 50 days from the date of levy aad passaqe of this .• 'ti- -::F._ -
<br /> - prdinance shall be aertified to the Wood River City Clerk and :--_
<br />- ' � � Treasurer for collection and a copy of thi.s Ordiaance and a , u,.K..`..;_
<br /> Certificate of the City Clerk shall be recorded and indeaed in the .� __.
<br /> • '� Office �of the Sall County Register af Beeds aqainst each such -�,_ ,
<br />_ , . � • preperty as a lien. The liea for the special assessment shall be �y,�� �
<br /> � �� released by the City C2erk upea final payment cf �he special ,::.��: _=
<br />_, : - , assessment. � -��- "�' 9----
<br /> ,...
<br /> � . :-�.:�,:�:..,:_
<br /> � Seetion 5. This Ordinance shall take effect and be in full - - _ �
<br /> • � � . � � " force from and after its passage, approval and publicatioa as � ; . �� �=�-
<br /> • �. " required by law. . '�� `_�-
<br /> . Passed and approned this 18th d Noveu�er , 1997. �-•,:;�;�;�;
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<br /> � � -�ER IN MAZOUR, Ma or • '��'V- _
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