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C�'irY t�F ROSEVSLLE OP.D INANCE NO . �r * � � i AL�T OR.D?-1�?A_NCF i.2EQUIRI��G PAYNI�NT FOR U�TASS�SSED STREET rMPROVEP�iENTS AND STORM SEWER IMPROVEMEIVTS AND REQUIR�NG PAYMENT OF IN`T'ERESTS FOR iNASS�SSEll SANSTARY SEWER AND WATER IMPROVEMENTS. The City Cauncil o� the City of Rosevill.e does hereby ordain: z. The City Coc1e of the City o� Rdseville is h�reby amended by adding Sec��.on 31.21Q to read as fallpws: 3l_210. St�eet Ass�ssments. (1) No permi� shall be issued to cons�truc� any buildin.g upan any lot or tract of land unless the Finance Officer shall have certified: {a) That such lot or tract of land h�s be�n assessed �ox- tl�e cost of construction of any public raads, curb� or sidewa�ks contigua�is to said lot or tract of 1and; (b) Tf no assessment has been levi�d for such COI1Si i"11C�1Qri cost, �ch� proceedi�n.gs for levying such assessments have been or wi�.l be completed in du� couzs�. {2) if no such certificate can be issu�d by �he Fir,�nc� O�ficer, no p�rmit to c�nstruct any ;ouilding srsall b� issued unless the apnlicant sha�l pay u:Ee� which snall b:� eq��a� �to -�.he no�ction o:�°_ -che cos� o= construc�ti�n of the said pu.blic road, curb or sidewalk whicn wou�d b� ass�•ssable against sa�d l.o'� or tract ta be serv4� ?�ST such road, curb oz si��vaalk. Said assessable c�st is to Ue de�ermined ��y th� Pub�ic t�ox'ks D�rector u�on the s��ne basis as any ^ assessment prer�iously 1e�cried again�toih�r propex�ty foL the sa�ic� road, cu:cb or sidewalk, in�luding interest at a r�te eq�ial. to th•` int�r�st rate of the orig� nal assessment f�om th� date oi the orig'inal assessmerkt and cont�nuing ��' a pe�":iod af 20 yea�-s or �the amount of yeaxs the ass�ssmznt V�a:: payabl.e, ��rhichever �s �.ess _ �n�cerest may be wazved or . decreased, ��hen i�. i.s d�termined by the Public Works Direc4or