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HomeMy WebLinkAbout1968-206-08 - Levying of Special Assessments for ImprovementsBILL N0, pZDC~- ~ ORDINANCE N0. V-~ AN ORDINANCE PROVIDING FOR THE LEVYING AND COLLECTING OF "SPECIAL ASSESST~IENTS FOR I1~TPROVET~NTS" IN THE FORM OF SPECIAL TAX BILLS FOR THE GRADING, PAVING, CURBING AND GUTTERING OF CERRITO LANE IN THE CITY OF RIVERSIDE PURSUANT TO THE PROVISIONS OF 88.811 - 88.801 R. S. NtO. BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: Section 1. The grading, paving, curbing and guttering of Cerrito ane n the City o Riverside, issouri, ursuant to a co tract entered into e~~ca„ ~ ~§~ r Q~~ _p- J'h s a e pa~f or by special assessmen s aga ns e proper enefited. Such assessments shall be known as "Special Assessments for Improvements" and shall be levied and collected as a special tax and special tax bills shall issue therefor. Section 2. Such special tax bills signed by the city clerk, _ and un er e corporate seal of the municipality shall be issued and delivered to said contractor by the city clerk after the Board accepts the work done and approves the report of the engineer for the City in charge of the improvement. The report of the engineer shall be made after completion of the improvement in accordance vrith the contract and shall have the computation of the cost of the improvement and an apportionment of the cost among the tracts of land chargeable therewith, charging each tract of land with its proportionate part of the cost. Section 3. The special tax bill shall include attorney fees and engine-'- erg fees, the total of which shall not exceed 10~ of the total cost of the improvement and such tax bills shall bear interest at the rate of 8o interest per annum from sixty days after the date of issue until paid; all the tax bills shall become due and payable sixty days after the date of issue thereof, except in the case of tax bills payable in installments as herein provided; and every special tax bill shall be a lien against the lot or tract or parcel of land described in such special tax bill for a period of ten years after date of issue, unless sooner paid, except in the case of special tax gills payable in installments, _ the lien of which shall not expire until one year after the date of maturity of the last installment and except in any case where it becomes necessary to 'oring a suit to enforce the lien of any special tax bill, the lien of which shall continue until the expiration of the litigation. Section ~+. Each tax bill shall in substance contain a brief gener~T statement of the facts authorizing its issue, the amount for vrhich it is issued, a description of the land against which it is issued, the name of the contractor to whom it is issued, the rate of interest which it bears, and when it begins to bear interest and shall state that it is a special lien against the land therein described and the time that the lien continues. It need not give the name of the owner of the land against which it is issued. Section 5. Any special tax bill may be paid in ten annual instal men s provided the ovrner of the property described in the special tax bill shall have filed a written request with the clerk within thirty days after the letting of the contract for the improvement, that his tax bill or bills shall be made payable in installments. In such case the tax bill shall be payable in ~~~ annual installments of 1/10 of the total amount of the bill or 'a ills in ten years after the date of their issue and shall 'Dear 3o interest per annum, payable annually, from sixty days after the date of their issue until paid. If any annual installment or the interest thereon is not paid when due, then all the re- maining installments shall at the option of the holder of the tax bill become immediately due and payable provided that the owner of the property charged with the payment of the tax bill, or the owner of any interest therein, shall have the privilege of payin the whole of any tax bill in full at any time or on any annual installment payment date of paying in full one or more of the remaining installments not of maturity date. Section o. Any error made in issuing arty tax bill may be correc~e~oy-Fie clerk of the City either by interlineation in it or by issuing a new tax bill in lieu of the erroneous one, but when a tax bill is corrected by interlineation the date of malcir~ same shall be certified to by the clerk on the margin on the back of the bill. Section 7. The cleric upon completion of all special tax bills s a en er an abstract thereof in a special book provided for that purpose. Said abstract shall recite the date of the tax bill, the name of the property owner and of the person in whose favor it is issued, and a description of the property subject to the lien, and the street upon which it abuts, amount of the tax bill, and the character of the improvement for which it is issued. ti4hen any tax bill is assigned, the assignment shall be noted thereon and the assignees shall exhibit the same to the city clerk, who shall, on the margin of said tax bill, appropriately note the assignment. The party liable to pay the tax bill may either pay the owner of the tax bill, or he may pay the amount of the tax bill to the Collector of the municipality, who shall accept the money and make out duplicate receipts therefor, one of which he shall deliver to the person so paying the tax bill and the other he shall file with the clerk of the municipality. The clerk shall note the filing of the receipt on the margin of the abstract of the tax bill and shall mark the latter cancelled and shall affix his name to the cancellation with the date thereof. The cancellation shall have the effect to extinguish all liability or right of action on the tax bill. The Collector on the presentation to him of the tax bill by its owner, shall pay to hire the amount thereof, talon; duplicate receipts therefor, one of which he shall file with the clerk, who shall note it on the margin of the abstract of the tax bill, the other the Collector shall retain. PASSED thi s ___G__+ d ay of 1963. or ~-+ ATTEST: r i y erk APPROVED this ~~~day of 1963. Biayor