Common use of Payment of Assessments Clause in Contracts

Payment of Assessments. Whenever a sanitary sewer line has been constructed in accordance with this Division and the cost thereof has been assessed against the benefiting property, then the respective owners shall be notified of the assessment and they shall be required to pay in cash, within sixty (60) days, to the Dekalb County Finance Department, pursuant to the intergovernmental agreement with the City, the amount of the assessment. If the amount of the assessment causes a financial burden on the owner, then the owner may extend the assessment and pay it in annual installments. However, no less than one-fifth of the total assessment shall be paid within sixty (60) days after notification.

Appears in 2 contracts

Sources: Water Service Agreement, Water Service Agreement