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HomeMy WebLinkAbout00737ITc.3 as eq-.salized by the city council and attach hi.: vraf,rant of i collection thereto authorizing, tho said city treasurer to colVsct the said assessment according,, to law and this ordinance. Sec.4. Immediately upon roceivini; the said assessment roll the said city treasurer shallprshllsh a nottee in at least two conscc- utive issues of the Daily Leader, not.tfyinp all norsons interested that the said assessment roll is in his hands for collection, and that the said assessment may be paid at any time within thirty days after the first publication of said notice without interest or cost, and the said treasures- shall also snail to each property owner or his agent, a notice t?ivinr, a general description of the property assessed, the asrount of the assessment on each description, and the time within, which the same may be paid without interest or cost. Sec. 5. That after the expiration of thirty days after the date of the first publication of the troasurer's notice providod for in the preceding section, the whole, assessment remaining unpaid shall bear interest at the rate of seven per cent per annum, interest payable annually, and if at any time any installment is not paid when due together with such irtorest on the whole unpaid portion of said assessment, the same shall he deemed to be delinquent and shall be certified to the county treasurer for collection as provided by law. Sec. 6. It is hereby made the duty of the city treasurer at least twenty days before any installment becomes clue to mail a notice to each property ovrner or his anent, stating tho amount of and. the installment, the amount of the interest due, riving the date when the same becomes due and further stating that if the same is not paid when due the same, will be certified to the county treasurer for collection as provided by lari. Seo.7. There is hereby created a fund to be known as Local Improvernent Fund, District ho. 3, to the credit of which all moneys collected on said assessment shall. he placed by the said treasurer.