(A) Upon imposition of an assessment, the city shall add the assessment to the property tax bill for the participating real property.
(B) The city shall collect any assessment imposed under this subchapter in the same manner as the other taxes on the bill and any unpaid assessment shall bear the same interest rate and penalties as other delinquent ad valorem property taxes.
(C) The city shall collect the assessments annually and make the required payments to the entity financing the energy project.
(D) Any assessment shall, together with any interest and penalties, constitute a first and prior lien against the real property on which the assessment is imposed from the date on which the notice of assessment is recorded until paid and this lien shall have the same priority status as a lien for any other state or local ad valorem tax upon the property.
(Ord. 2015-10-01, passed 11-11-15)