936.03 NOTE IN LIEU OF CASH.
   In lieu of the cash payment provided in Section 936.02, the Village Administrator may accept a note in favor of the Village for the amount due, payable with interest, at the then current bank prime rate, in equal semiannual installments over a period of not to exceed ten years, secured by a mortgage on the premises, lots or lands to be served or benefitted by such
connection. (Ord. 40-86. Passed 10-6-86.)