HomeMy WebLinkAbout0475 Ord (Partial Payment of Assessments)•
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ORDINANCE NO. 475
AN ORDINANCE AUTHORIZING PARTIAL PAYMENT OF ASSESSMENTS.
THE CITR COUNCIL OF THE CITY OF STILLWATER, MINNESOTA DOES ORDAIN:
Section 1. Prior to the certification to the County Auditor of a
special assessment against a piece of real property for a public
improvement, the City Treasurer is hereby authorized to accept payment
for that assessment in full or in part. Should a partial prepayment of
the assessment be mace, the remainder shall be spread in equal payments
for the remainder of the life of the original assessment at the determined
rate of interest.
Section 2. Effective date. This ordinance shall be in full force and
effect from and after its passage and publication according to law.
Passed by the City Council this 24th day of August, 1971.
Published: August 27, 1971
Attest: /%^y�, I'Y e
itCoordinator
Mayor
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