After the expiration of the period provided in Section 208.18 for payment without interest or fees, any installment which has not been spread upon the tax rolls may be discharged by paying the face amount thereof together with 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 noncallable 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. The Board of Special Assessors shall report to the City Assessor all advance payments on installments, so that the said Board shall have such information before spreading installments on the next City tax roll.
(Ord. 46. Passed 7-17-56.)