(A) The whole or any part of any such assessment may be paid at any time after the day of confirmation of the special assessment roll until the tenth day of the second calendar month following such confirmation without interest or penalty.
(B) Each special assessment shall be collected by the City Treasurer with the same rights and remedies as provided in the Charter for the collection of taxes, except as otherwise herein provided. On the eleventh day of the second calendar month following the due date, the City Treasurer shall add to all assessments or installments paid on such day and thereafter a collection fee of 4% of the amount of the assessment or installment and on the eleventh day of each succeeding month he shall add an additional 0.5% as a collection fee. All collection fees shall belong to the city and be collectible in the same manner as the collection fee for city taxes.
(C) After the expiration of the period provided in division (A) of this section for payment without interest or fees, any installment may be discharged by paying the face amount thereof together with fees and interest thereon from the date of confirmation to the date of payment; provided, however, that if the public improvement has been financed by the sale of non-callable bonds or other evidences of indebtedness which are not prepayable, then the interest shall be computed from the date of confirmation to the date upon which such installment would have fallen due had it not been prepaid.
(Ord. 148, passed 5-6-69)