Laserfiche WebLink
V. In consideration of such assessment services, the Municipality will pay to the City <br /> Assessor quarterly payments (unless earlier terminated as herein provided) as <br /> follows: <br /> a) The first quarterly payment will be due on April 1, 2019, the second on <br /> July 1, 2019, the third on October 1, 2019, and the fourth on December 31, <br /> 2019. <br /> b) The parties understand that to accomplish the delivery of the tax year <br /> payable 2021 assessment on or before January 2, 2020 (the statutory due <br /> date), all work specific to the generation of that assessment must be done <br /> during the 2019 calendar year; the same will be true for subsequent tax <br /> year assessments, i.e. all work for the tax year 2022 assessment must be <br /> done in calendar year 2020, etc. <br /> VL For tax year 2020 assessment, the Municipality will pay to the City Assessor as <br /> follows: <br /> a) Ten Dollars ($10.00) for each improved parcel of residential, seasonal <br /> recreational residential and agricultural type of property. <br /> b) Two and 50/100 ($2.50) for each unimproved parcel of residential, seasonal <br /> recreational residential, and agricultural type of property. <br /> c) Fifty-Five Dollars ($55.00) for each improved and unimproved parcel of <br /> commercial, industrial, and public utility type of property. <br /> d) Fifty Five Dollars ($55.00) for each improved and unimproved parcel of <br /> apartment or mobile/manufactured home park type of property. <br /> VII. The same procedure and rates will be followed in the frequency and <br /> computation of payments for assessment services for subsequent years. <br /> VIII. The City Assessor will remit quarterly billings to the Municipality, detailing the <br /> number of parcels of each type of property assessed and charged to the <br /> Municipality, with a complete breakdown for that specific quarter. <br /> IX. Notwithstanding Section I above, the City Assessor and/or Municipality have the <br /> right to terminate this Agreement by providing six months written notice prior to <br /> the beginning of the assessment work for a tax year. Such notice to terminate must <br /> be sent by certified mail to the other party at the address set forth above. For <br /> example, to terminate effective as of the tax year 2021 assessment, the party must <br /> provide written notice of termination to the other party not later than July 16, <br /> 2019, the work on the tax year 2021 assessment to commence on February 27, <br /> 2020, the anniversary date of this agreement). <br /> 2 <br /> 69 <br />