Deposit required with petition

A. There shall be deposited with the petition cash or a cashier's check in an amount sufficient to cover: 1. The amount due upon delinquent unpaid assessment installments, if any, on the original assessment to be apportioned, or the original assessments to be combined; 2. The cost of preparing the requisite amendments to the assessment map or plat and the assessment roll, and the cost of publication of the ordinance amending the original assessment ordinance; and 3. Advance payment, pursuant to section 14.50.130 , of the portion of an original assessment, if any, apportionable to property used or to be used for public purposes, such as but not limited to roadways, parks, school sites, sewage treatment plant sites and reservoir sites, by reason of or in connection with the division of a parcel into two or more lots or parcels. B. The portion of the deposit mentioned in subdivision 1 of subsection A of this section, if any, shall forthwith be paid into the special fund designated pursuant to section 14.50.230 and credited to the bond account, as and for payment of the delinquent installments, and upon adoption of the amending ordinance referred to in section 14.54.050 , the remaining portion of the deposit shall be disbursed as follows: the costs mentioned at subdivision 2 of subsection A of this section shall be paid into the general fund of the county; the advance payment mentioned at subdivision 3 of subsection A of this section, if any, shall be paid into the special fund designated pursuant to section 14.50.230 and credited to the bond account, to be used for and as prepayment of the amended assessments levied on the public property; and the balance, if any, shall be returned to the petitioners. (Ord. 801 § 1 (part), 1974: prior code § 25-9.2)