9-5-8: CALCULATION AND COLLECTION OF SPECIAL ASSESSMENTS:
The amount of Special Assessments shall be calculated pursuant to Section 9-5-7 of this Chapter. Special assessments may be collected at the same time and in the same manner as property taxes are collected or in other manners as the District Board may provide. District special assessments which have been financed by Direct Lending may be collected by the approved financing institution providing such financing, in accordance with the terms of the financing agreement agreed to by the Property Owner, and subject to any policies and procedures established by the District Board. Special assessments may be prepaid pursuant to procedures established by the District Board and identified in the Assessment Resolutions. (Ord. 2018-2, 9-4-2018)