Section 9-43-113 – County bid to include assessments–Payment and discharge of lien.
9-43-113. County bid to include assessments–Payment and discharge of lien. If any such parcel is bid off in the name of the county, the bid shall include the amount of the delinquent installment of special assessments under Plan One or Plan Two. Any parcel may be discharged from the assessments at any time by paying […]
Section 9-43-114 – Negotiable bonds to finance local improvement.
9-43-114. Negotiable bonds to finance local improvement. The governing body may provide by ordinance or resolution for the issuance of negotiable bonds without a vote of the voters in an amount not exceeding the entire cost of the local improvement. The bonds shall be issued and sold as provided in chapter 6-8B. However, all bonds […]
Section 9-43-99 – Notice of assessment mailed to owners.
9-43-99. Notice of assessment mailed to owners. The municipal finance officer shall immediately mail to the owners of each lot, parcel, or piece of land as shown by the special assessment roll, a notice specifying the amount of the assessment, the number of installments, the date of the approval of the assessment roll, and a […]
Section 9-43-115 – Fund for payment of cost of improvements.
9-43-115. Fund for payment of cost of improvements. All amounts derived from special assessments for all local improvements shall be receipted into the account of the municipality. The proceeds of the sale of bonds issued pursuant to §9-43-114 shall be placed into a fund and may be used only for the payment of the cost […]
Section 9-43-100 – Continuing lien on property–Exceptions.
9-43-100. Continuing lien on property–Exceptions. Any special assessment lawfully levied upon real property assessed pursuant to this chapter is a continuing lien on the property as against all persons except the United States and this state. The lien continues for fifteen years from the due date of the last installment. Source: SL 2012, ch 57, […]
Section 9-43-116 – Transfer of special assessment bonds to general obligation bond sinking fund.
9-43-116. Transfer of special assessment bonds to general obligation bond sinking fund. If general obligation bonds are authorized, issued, and sold and the proceeds expended for the purpose of any local improvements of a type for which assessments may lawfully be levied, and if assessments have been levied on account of such improvements in the […]
Section 9-43-101 – Waiver or reduction of special assessments.
9-43-101. Waiver or reduction of special assessments. A municipality may waive or reduce special assessments levied against owner-occupied single family dwellings if the head of the household is sixty-five years of age or older, or is disabled, or if the annual household income does not exceed the federal poverty level as updated annually on the […]
Section 9-43-117 – Application of moneys received from collection of assessments.
9-43-117. Application of moneys received from collection of assessments. All moneys received from collections of assessments for any local improvement wholly or partially financed from the proceeds of general obligation bonds shall be applied toward payment of the assessment bonds issued on account thereof, including those held in the debt service fund for the general […]
Section 9-43-102 – Resolution to specify payment under Plan One or Plan Two.
9-43-102. Resolution to specify payment under Plan One or Plan Two. All special assessments are payable under Plan One or Plan Two. Plan One–Collection by county treasurer. Plan Two–Collection by municipal finance officer. Before any contract is let or before bonds are issued for any local improvement for which special assessments are to be levied, […]
Section 9-43-118 – Application of moneys collected in debt service fund for general obligation bonds–Tax levy for payment of general obligation bonds–Transfer of assessment bonds.
9-43-118. Application of moneys collected in debt service fund for general obligation bonds–Tax levy for payment of general obligation bonds–Transfer of assessment bonds. The moneys collected in and held by the debt service fund for the general obligation bonds shall be applied toward the payment of the general obligation bonds and interest, and the governing […]