When the improvement is ordered for a period of two years or more the assessments therefor shall be paid to the Bureau of Engineering in two equal installments. The first such installment shall become payable upon the date specified therefor in the Notice of Recording, and shall become delinquent if not paid in full within 60 days after said date. The second such installment shall become payable one year after the date on which the first installment may be paid and shall become delinquent if not paid in full within one year after the delinquency date for payment of the first installment. Upon delinquency 10 per cent of the amount of any installment shall be added thereto.
SECTION HISTORY
Based on Ord. No. 75,000.
Amended by: Ord. No. 129,118; Ord. No. 149,941*, Eff. 8-15-77.