The City Treasurer shall receive and give a receipt for payment by any person against whose property special taxes are assessed for local improvements, or whose property is assessed for local improvements, or whose property is assessed as specially benefitted by local improvements, in the amount of his or her special tax or special assessment, less such discount as may be authorized by the contract for the making of such improvement. The City Treasurer shall not allow any discount upon any such special taxes or special assessments, except when paid before or within ten days from the completion and acceptance of the whole or such part of the improvement as may be provided in the contract.
(1960 Code, § 3.13)