(A) Any property owner who desires to elect the installment payment plan shall, before the due date of the assessment, enter into an agreement in writing with the city that in consideration of this privilege he will make no objection to any illegality or irregularity in the assessment against his property, and that he will pay the assessment in the manner provided herein. Any property owner entering into such an agreement shall be precluded thereby, and shall waive any defense against the payment of the assessment. The agreement shall be filed in the office of the City Clerk, who shall preserve it as part of the records of her office.
(B) If any property subject to an assessment is owned by an infant, a person of unsound mind, or a life tenant, or is property which has descended by inheritance or will, the agreement provided for in this action may be executed by the statutory guardian of the infant, the committee or curator of the person of unsound mind, the life tenant, the heirs at law, the devisees, or the personal representative of the deceased owner of the property.
(C) In all cases where agreements have not been filed within the time specified herein, the entire assessment shall be payable in cash, and shall be subject to interest as provided herein.
(Ord. O-18-83, passed 5-24-83)