Chapter 12.04
LOCAL IMPROVEMENTS
Sections:
12.04.010 Statutory compliance.
12.04.020 Initiation petitions.
12.04.030 Preliminary estimates and assessment rolls.
12.04.060 Bond issuing officer.
12.04.070 Assessment collection costs.
12.04.080 Delinquent assessment installments.
12.04.010 Statutory compliance.
The creation of local improvement districts by the city, the levying and collection of assessments therein and the issuance of bonds and warrants thereof, shall be accomplished in accordance with the applicable provisions of the statutes of the state and the provisions of this chapter. (Ord. 607 § 1, 1981)
12.04.020 Initiation petitions.
Petitions to initiate formation of local improvement districts shall be filed with the city clerk/treasurer. (Ord. 607 § 2, 1981)
12.04.030 Preliminary estimates and assessment rolls.
The mayor is designated as the proper officer to order the preparation of preliminary estimates and assessment rolls for local improvement districts of the city and the provision of such information as may be required by law to be furnished to the city council in connection with the formation of local improvement districts and levying of assessments therein. (Ord. 607 § 3, 1981)
12.04.040 Notice giving.
The city clerk/treasurer is designated as the proper officer to give notices required in connection with local improvements; provided, however, that mailing of such notices by any other officer or employee of the city shall not affect the regularity or validity of the mailing of the notices. (Ord. 607 § 4, 1981)
12.04.050 Bond form.
Local improvement bonds shall be in such denominations as may be provided in the ordinance authorizing their issue. The city may in such ordinance provide that the date, form and interest rate of the bonds and the denomination of the first numbered bond of the issue be subsequently fixed by resolution. (Ord. 607 § 5, 1981)
12.04.060 Bond issuing officer.
Unless otherwise provided by the ordinance authorizing the issuance of warrants payable out of the local improvement district fund, the city clerk/treasurer is designated as the issuing officer who shall establish the rate or rates of interest the warrants shall bear consistent with the provisions of the authorizing ordinance. (Ord. 607 § 6, 1981)
12.04.070 Assessment collection costs.
In levying local improvement assessments the city shall estimate the reasonable costs to be incurred in collecting the assessments and they shall be included in the assessment roll as a part of the cost of the improvement. (Ord. 607 § 7, 1981)
12.04.080 Delinquent assessment installments.
Installments of assessments which become due in any local improvement district of the city shall be delinquent if not paid when due. To all delinquent installments shall be added a penalty of 10 percent of both the principal and interest due on the delinquent installment or installments, and the principal, interest and penalty shall bear interest at the rate fixed for the assessments until paid. If any assessment installment becomes due and payable and the collection thereof may be enforced by foreclosure in the manner provided by the laws of the state; provided, however, that payment of all delinquent installments together with interest, penalty and costs at any time before entry of judgment in foreclosure shall extend the time of payment on the remainder of the assessment installments as if there had been no delinquency or foreclosure. (Ord. 607 § 8, 1981)