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<br />3 <br /> <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 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 />amount of the assessment set opposite the description of each <br />such lot, piece and parcel of land, respectively, and such <br />amount 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 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, 1980, to be payable with <br />general taxes for the year 1979, collectible in 1980, 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 un- <br />paid 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 for the adoption of the foregoing resolution <br /> <br />was duly seconded by Councilman Franke, and upon vote being <br /> <br />taken thereon, the following voted in favor thereof: All; and <br /> <br />the following voted against the same: None; whereupon said <br /> <br />resolution was declared duly passed and adopted. <br />