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Where the assessment was for an uncompleted improvement, a re-assessment may be had notwithstanding the improvement is not completed. In such case, the re-assessment shall assess upon the lands benefited the benefits derived from the improvement or to be derived from the improvement when completed.
(Added by Ord. 225-81, App. 5/5/81)
If a determination is made as provided in Section 250.150, the re-assessment shall be made upon the demand of the contractor or his assigns, or the owner or holder of bonds aggregating 1/3 of the principal amount outstanding, or upon order of the Board and shall be made in the manner and form provided by the Improvement Act of 1911 or Improvement Bond Act of 1915, whichever is deemed appropriate. Nothing contained herein shall prevent the Board from ordering a re-assessment on its motion, and its decision so to do shall be final and conclusive.
(Added by Ord. 225-81, App. 5/5/81)
In the resolution ordering the reassessment, the Board shall determine whether said re-assessment shall include interest and, if so, the rate at which and the date from which it shall be computed. In lieu thereof, it may order that the re-assessment shall bear interest at a rate and from a date certain.
(Added by Ord. 225-81, App. 5/5/81)
SUBDIVISION 1
NATURE AND EXTENT
NATURE AND EXTENT
Except as hereinafter provided, the lien of any assessments levied or bonds issued under this Procedure Code or any law referred to herein shall be subordinate to all special assessment liens and the lien of the bonds previously imposed upon the same property, but shall have priority over all such liens subsequently imposed upon the same property, to be determined by the date or the recordation of the assessment. Bonds issued upon a re-assessment or a supplemental assessment shall have the same priority as that of the original bonds.
(Added by Ord. 225-81, App. 5/5/81)
All assessments, reassessments, and bonds and each installment thereof, and the interest, costs and penalties upon same, levied hereunder, shall continue as liens against the lots and parcels on which they are levied and imposed, as provided in the Code of Civil Procedure.
(Added by Ord. 225-81, App. 5/5/81)
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