How special assessments are paid and collected

A. The director of finance shall collect the special assessment for a district. The director of finance shall deposit all moneys so collected in an account for the district in the general trust fund unless another county fund is identified as the depository in the ordinance establishing the district. B. All special assessments levied shall be due and payable according to terms established by the district board. C. Failure to pay the amount assessed when due shall thereafter bear penalty and interest at rates and terms determined by the district board. Penalties and interest shall be sufficient to cover the administrative expenses of the director of finance and shall comply with any provisions relating thereto in any bond ordinance. Any penalties and interest collected shall be deposited in that district's fund. D. The director of finance may deduct from special assessments collected the administrative expenses incurred in collection and establishment of the district. E. Special assessments collected shall be transmitted to the district board within fifteen days after the date that they are due and payable to the County. F. By a date set in the ordinance establishing the district or written agreement between the district board and the County, the director of finance shall prepare and submit a report to the district board summarizing the special assessments collected or that remain unpaid by parcel of land and landowner, the amount of interest and penalties collected, the amount of moneys paid out for district purposes, and the amount of administrative expenses incurred in the collection of special assessments. ( Ord. No. 4382, § 1, 2016 )