HomeMy WebLinkAbout00651eels of land therein doscrtbod are hereby declared to be benefited
by the saidimprovement in the amounts so levied and assessed against
the same, the amount of the ji
^sessmont on each parcel of land fol-
lowing and being placedch description d�
Soc.2. That the said assessment so made is hereby declared to
be a lien on the property assessed prior to all lions except the
lien of general taxes.
Sec.3. That the said assessment shall be payable in ten equal
annual installments, the first installment becoming due and payable
one year after the expiration of thirty days after the date of the
first publication made by the treasurer of notice that the assess-
ment'roll has been placed in his hands for.collection, and each year
thereafter one installment shall become due and payable, all unpaid
installments to bear interest at the rate of seven per cent per an-
num-from and after th o expiration of thirty days from the date of
the first publication of such notice by the City Treasurer, interest
on all unpaid installments to be paid annually at the time %ke--
each. installment falls due; Provided, however, that any person de-
siring to pay the full amount of the assessment against any parcel of
land, may do so at any time before the expiration of said thirty
days without interest, and,,provided further, that any person may
at any time after the oxp::ration of saicr thirty days pay the full
amount of the assessment against any parcel of land
by paying the
same together with interest as herein provided to the date of the
maturity of the installment next falling due.
Sec.h.That if any installment and the annual interest on the
whole of said assessment o,r the whole of the unpaid portion of said
assessment is not paid when'due, such installment together with the
annual interest due shall. be doomed to be and shall be delinquont,
and the City Treasurer is hereby authorized and directed to certify t
the same to the County Treasurer for collection according to law.
Sec.5. That there is hereby created Local Improvement Fund,
District No.2, to the credit of which all moneys collected on the