10/10/2000 Ordinances 8626
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* This Space Reserved for Register of Deeds *
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ORDINANCE NO. 8626
An ordinance to assess and levy a special tax to pay the cost of construction of
Water Main District No. 432 of the City of Grand Island, Nebraska; to provide for the collection
of such special tax; to repeal any ordinance or parts of ordinances in conflict herewith; and to
provide for publication and the effective date of this ordinance.
BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF
GRAND ISLAND, NEBRASKA:
SECTION 1. There is hereby assessed upon the following described lots, tracts,
and parcels of land specifically benefited, for the purpose of paying the cost of construction of
said water main in said Water Main District 432, as adjudged by the Mayor and Council of said
City, to the extent of benefits thereto by reason of such improvement, after due notice having
been given thereof as provided by law; and a special tax for such cost of construction is hereby
levied at one time upon such lots, tracts and lands as follows:
Name
Thayer Family, L.L.C.
TOTAL
Description
Lot 1, The Village 2nd Subdivision
Assessment
131,503.69
$131,503.69
Approved as to Form... CJ;}::
October 5. 2000 ... City Attorney
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ORDINANCE NO. 8626 (Cont.)
SECTION 2. The special tax shall become delinquent as follows: One-fifth of the
total amount shall become delinquent in fifty days; one-fifth in one year; one-fifth in two years;
one-fifth in three years; and one-fifth in four years, respectively after the date of such levy.
SECTION 3. The entire amount so assessed and levied against any lot, tract or
parcel of land may be paid within fifty days from the date of this levy without interest, and the
lien of special tax thereby satisfied and released. Each of said installments, except the first, shall
draw interest at the rate of seven percent (7%) per annum from the time of such levy until they
shall become delinquent. After the same become delinquent, interest at the rate of fourteen (14%)
per annum shall be paid thereof, until the same is collected and paid.
SECTION 4. The treasurer of the City of Grand Island, Nebraska, is hereby
directed to collect the amount of said taxes herein set forth as provided by law.
SECTION 5. Such special assessments shall be paid into a fund to be designated
as the "Water Fund 525".
SECTION 6. Any ordinances or parts of ordinances in conflict herewith be, and
hereby are, repealed.
SECTION 7. This ordinance shall be in force and take effect from and after its
passage and publication, within fifteen days in one issue of the Grand Island Independent as
provided by law.
Enacted: October 10, 2000.
Attest:
Qo.\\~ C(lli~
RaNae Edwards, City Clerk
Approved as to Form T ce-
October 5, 2000 .... City Attorney