Unless otherwise provided in the resolution confirming the assessment roll, the assessment, or the first installment thereof, if divided into installments, shall be due and payable upon confirmation of the roll. The whole or any part of any special assessment may be paid at any time within sixty days immediately following the date of confirmation of a special assessment without interest or penalty being charged. Upon the expiration of such sixty-day period, the City Treasurer shall transmit the special assessment roll, with all payments upon such assessments noted thereon, to the City Assessor. The Assessor shall spread such assessments, or the first installment thereof, if divided into installments, upon either the first or second annual City tax roll which is prepared subsequent to the date of confirmation of such assessment, as is provided for in the resolution of the City Commission confirming such assessment. Thereafter, one installment of each special assessment which has been divided into installments shall be spread upon each annual City tax roll until the full amount of the special assessment has been paid. After the expiration of the sixty-day period provided herein, any assessment or installment may be discharged by paying the face amount thereof, plus interest to the date of such payment. However, the Commission may, in the resolution confirming any special assessment, provide for a collection fee to be charged which shall not exceed five percent of the amount of any special assessment or, when divided into installments, which shall not exceed five percent of the amount of each installment, which collection fee shall be collected by the City Treasurer. The Commission shall provide, in the resolution confirming all special assessments, the rate of interest to be charged, which may be in any amount permitted by law, but at least the same rate set by the bond sale for that project, on such assessment or each installment thereof when divided into installments. The City Treasurer shall collect all interest and penalties provided for in this chapter or in any resolution confirming a special assessment and shall have the same rights and remedies with respect to the collection of special assessments, together with the interest thereon and the collection fees, as provided in the City Charter and State statutes for the collection of City taxes. Should any installment of a special assessment be unpaid at the time the tax roll of which it is a part is returnable to the County Treasurer for collection, all remaining deferred installments of such special assessment against that parcel of real estate shall become forthwith due and payable and the entire remaining balance of such special assessment, together with interest and penalties thereon, shall be returned to the County Treasurer for collection.
(Ord. 28-81. Passed 12-15-81.)