Assessments in lieu of the payment of sewer system connection fees, including interest thereon, which are levied by resolution of the city council in the manner provided by this chapter, shall be levied in ten equal installments of principal and interest due and payable as follows:
A. Where the resolution levying the assessment installments is adopted by the city council between January first and July tenth, assessment installments shall be due and payable commencing on November tenth of the calendar year in which the resolution was adopted and on November tenth of each year thereafter until all assessment installments have been paid in full, November tenth being the same date that county property taxes are due and payable under the laws of the state of California.
B. Where the resolution levying the assessment is adopted by the city council between July eleventh and December thirty-first, assessment installments shall be due and payable commencing on November tenth of the calendar year next succeeding the calendar year in which the resolution was adopted and on November tenth of each year thereafter until all assessment installments have been paid in full.
(Ord. 1921 (part))