Section 22-97.1 Deferred tax bills for sanitary sewer projects.
Prior to the adoption of Ord. 15667 on 07/20/1998, Section 22-97.1 read as follows.
(a) If the special assessment levied against an undeveloped lot, tract or parcel
benefitted by construction of a sanitary sewer exceeds $5,000.00 or $0.30 per square foot, an
initial tax bill shall be issued against the property in the amount of $5,000.00 or $0.30 per square
foot, whichever is less. A tax bill for the balance of the special assessment (a deferred
shall be issued when any of the following events occur:
(1) The lot, tract or parcel of land is sold or conveyed,
voluntarily or involuntarily unless by
testate or intestate succession;
(2) The lot, tract or parcel of land is split or subdivided;
(3) The lot, tract or parcel of land is rezoned, unless
rezoning is initiated by the city council;
(4) The size or number of water meters serving the lot,
tract or parcel of land is increased,
unless such increase is solely for the purpose of fire protection or landscape irrigation.
Deferred tax bills shall be subject to the same rules relating to interest and installment payments
as other tax bills for public improvements.
(b) When an ordinance is passed levying special assessments
which involve deferred tax
bills, the director of finance shall file in the office of the recorder of deeds a notice of deferred
tax bill. The notice shall contain a legal description of each lot, tract or parcel of land for
a deferred tax bill shall be issued, the amount of each deferred tax bill and the events which
would cause a deferred tax bill to be issued. The notice shall also state that the records of
finance department should be searched to determine whether tax bills have been issued and
whether assessments have been paid.
(c) The deferred tax bill program provided for in this
section is a pilot program and the total
amount of tax bills deferred under this program shall not exceed $500,000.
(Ord. No. 15667, 1, 7-20-98)