(a) Upon the confirmation of any special assessment, the amount thereof may be divided into not more than ten installments, one of which shall be collected each year, at such time as Council shall determine, with annual interest at a rate not exceeding six percent per annum. However, the whole assessment after confirmation may be paid to the City Treasurer at any time in full, with the proportionate interest thereon.
(b) All special assessments, except such installments thereof as Council shall make payable in the future, as provided in subsection (a) hereof, shall be due and payable upon confirmation.
(c) If any special assessment is divided into installments, a special assessment roll shall be made for each installment as the same shall become due, with the accrued interest upon all unpaid installments included and assessed therein. Such special rolls may be made and confirmed without notice to any person assessed.
(Ord. 94. Passed 11-22-65.)