Ordinance 1411-87 - Laserfiche WebLink

assessments appearing upon the roll . There is levied and assessed against each lot , tract or parcel of land and other property appearing upon the roll the amount finally charged against the same thereon in conformity with the respective amounts shown on Exhibit A attached to and made a part of this ordinance . Section 3 . The assessment roll as approved and confirmed shall be filed with the City Treasurer for collection and the City Treasurer is authorized and directed to publish notice as required by law stating that the roll is in his hands for col- lection and that payment of any assessment thereon or any por- tion of such assessment can be made at any time within thirty days from date of first publication of such notice without penalty, interest or cost, and that thereafter the sum remaining unpaid may be paid in twenty equal annual installments . The estimated interest rate is stated to be per annum, with the exact interest rate to be fixed in the ordinance authorizing the issuance and sale of the local improvement bonds for Local Improvement District No . 716A. The first installment of assess- ments on the assessment roll shall become due and payable during the thirty-day period succeeding the date one year after the date of first publication by the City Treasurer of notice that the assessment roll is in his hands for collection and annually thereafter each succeeding installment shall become due and payable in like manner . If the whole or any portion of the assessment remains unpaid after the first thirty-day period, - 3 -