After the expiration of the period provided in § 33.16 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 date of payment; provided, however, that if the public improvement was financed by the sale of noncallable bonds or other evidences of indebtedness which are not payable, 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 Village Treasurer shall report to the Village Assessor all advance payments on installments so that the assessor shall have such information before spreading installments on the next village tax roll.
(2005 Code, § 9.118) (Ord. 2-88, passed - -)