Upon the confirmation of any special assessment, the amount may be divided into not more than ten installments, one of which shall be collected each year at times determined by the Commission, with annual interest at the rate determined by the Commission upon confirmation of the roll, but the whole assessment after confirmation may be paid to the City Treasurer at any time, in full, with the proportionate accrued interest. All special assessments shall be due upon confirmation, except when the Commission directs that payment can be made in installments, or when a different date for payment in the future is specified by the Commission.
(Ord. 373-12-94, passed 12-19-94; Am. Ord. 441-12-98, passed 12-21-98)