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<br />2. This Council, having hearJ 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 enumer- <br />ated in the proposed assessment was and is specially benefited <br />by the construction of said improvement in not less than the <br />mnount of the assessment set opposite the description of each <br />such lot; piece and parcel of land, respectively, anJ such <br />a~ount so set out is hereby levied against each of the respec- <br />tive lots, 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 8% <br />per annum accruing on the full amount thereof from time to tim~ <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 twenty (20) years, the first of said installments, <br />together with interest on the entire assessment from the date <br />hereof to December 31, 1977, to be payable with general taxes <br />for the year 1976, collectible in 1977, and one of each of the <br />remaining installments, together with one year's interest on <br />that and all other unpaid installments, to be payable with gen- <br />eral taxes for each consecutive year thereafter until the entire <br />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 <br />days after the date of this resolution. <br /> <br />5. The City Manager shall, as soon as may be, prepare <br />and transmit to the County Auditor a certified duplicate of <br />the assessment ro~l, with each installment and interest on <br />each unpaid assessment set forth separately, to be extended <br />upon the proper tax lists of the County, and the County Auditor <br />shall thereafter collect said assessments in the manner pro- <br />vided by law. <br /> <br />The motion for the adoption of the foregoing resolution <br /> <br />was duly seconded by Councilman Curley and upon vote being taken <br />thereof, the following voted in favor thereof: All; and the <br />following voted against the same: None; whereupon said resolu- <br /> <br />tion was declared duly passed and adopted. <br />