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<br />2. This Council, having heard and considered all objec- <br />tions so presented, and being fully advised in the premises, <br />finds that each of the lots, pieces and parcels of land enumerated <br />in the proposed assessment was and is specially benefited by <br />the construction of said improvement in not less than the amount <br />of the assessment set opposite the description of each such <br />lot, piece and parcel of land, respectively, and such amount so <br />set out is hereby levied against each of the respective lots, <br />pieces and parcels of land therein. <br /> <br />3. The proposed assessments are hereby adopted and con- <br />firmed as the proper special assessments for each of said lots, <br />pieces and parcels of land respectively, and the assessment <br />against each parcel, together with interest at the rate of ~~ <br />per 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 assess- <br />ment shall be payable in equal annual principal installments <br />extending over a period of twenty (20) years, the first of said <br />installments, together with interest on the entire assessment <br />from the date hereof to December 31, 1976, to be payable with <br />general taxes for the year 1975, collectible in 1976, and one <br />of each of the remaining installments, together with one year's <br />interest on that and all other unpaid installments, to be <br />payable with general taxes for each consecutive year thereafter <br />until the entire assessment is paid. <br /> <br />4. prior to certification of the assessment to the County <br />Auditor, the owner of any lot, piece or parcel of land assessed <br />hereby may at any time pay the whole of such assessment, with <br />interest to the date of payment, to the City Treasurer, but no <br />interest shall be charged if such payment is made within 30 days <br />after the date of this resolution. <br /> <br />5. The City Manager shall, as soon as may be, prepare and <br />transmit to the County Auditor a certified duplicate of the <br />assessment roll, with each installment and interest on each <br />unpaid assessment set forth separately, to be extended upon the <br />proper tax lists of the County, and the County Auditor shall <br />thereafter collect said assessments in the manner provided by <br />law. <br /> <br />The motion fo;~ the adoption of the foregoing resolution <br />was duly seconded by Councilman Brennan and upon vote being taken <br /> <br />thereof, the following voted in favor thereof: all: and the <br /> <br />following voted against the same: none: whereupon said resolu- <br /> <br />tion was declared duly passed and adopted. <br />