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<br />2. This Council, having heard and considered all objections <br />so presented, and being fully advised in the premises, finds that <br />each of the lots, pieces and parcels of land enumerated in the <br />proposed assessment was and is specifically benefitted by the <br />construction of said improvement in not less than the amount of <br />the assessment set opposite the description of each such lot, <br />piece and parcel of land, respectively, and such amount so set out <br />is hereby levied against each of the respective lots, pieces and <br />parcels of land therein. <br /> <br />3. The proposed assessments are hereby adopted and confirmed <br />as the proper special assessments for each of said lots, pieces or <br />parcels of land, respectively, and the assessment against each <br />parcel, together with interest at the rate of 9.50 percent per <br />annum accruing on the full amount thereof from time to time <br />unpaid, shall be a lien concurrent with general taxes upon such <br />parcel and all thereof. The total amount of each such assessment <br />shall be payable in equal annual principal installments extending <br />over a period of fifteen (15) years, the first of said <br />installments, together with interest on the entire assessment from <br />the date hereof to December 31, 1986, to be payable with general <br />taxes for the year 1985, collectible in 1986, and one of each of <br />the remaining installments, together with one year's interest on <br />that and all other unpaid installments, to be payable with general <br />taxes for each consecutive year thereafter until the entire <br />assessment is paid. <br /> <br />4. Prior to the certification of the assessment to the <br />County Auditor, the owner of any lot, piece or parcel of land <br />assessed hereby may at any time pay the whole or such assessment, <br />with interest to the date of payment, to the City Treasurer, but <br />no interest shall be charged if such payment is made within 30 <br />days after the date of this resolution. <br /> <br />5. The City Manager shall forthwith prepare and transmit to <br />the County Auditor a certified duplicate of the assessment roll, <br />with each installment and interest on each unpaid assessment set <br />forth separately, to be extended upon the proper tax lists of the <br />County, and the County Auditor shall thereafter collect such <br />assessments in the manner provided by law. <br /> <br />The motion for the adoption of the foregoing resolution was <br />duly seconded by Councilmember Curley, and upon vote being taken <br />thereon, the following voted in favor thereof: All present; <br /> <br />and the following voted against the same: None; whereupon said <br /> <br />resolution was declared duly passed and adopted. <br />