Las Vegas City Commission Minutes, September 21, 1955 to November 20, 1957, lvc000010-9

SECTION 13. That when the assessments shall be confirmed and approved as herein provided, it shall be final and conclusive. The City Clerk shall there­upon deliver to said County Assessor, Acting Ex-Officio City Assessor, the assess­ment roll as confirmed by the Board of Commissioners, with her certificate of such confirmation, and of the date thereof. The County Assessor, Acting Ex-Officio City Assessor, shall thereupon, without extra compensation, record such assessment roll in his office, and append thereto his certificate of the date of such record­ing, whereupon from said date all persons shall be deemed to have notice of the contents of such assessment roll, and it shall be prima facie evidence in all courts and tribunals of the regularity of all proceedings preliminary to the making thereof, and of the validity of the assessment and assessment roll. SECTION 14. That all special assessments, assessed as aforesaid, shall from the date of confirmation and approval thereof constitute a lien upon the respective lots or parcels of land assessed. The special assessments thereafter shall be and remain a lien on the respective lots and parcels of land assessed until paid. SECTION 15. That said assessments shall be due and payable at the office of the County Treasurer of Clark County, Nevada, Acting Ex-Officio City Treasurer and Ex-Officio Tax Collector of the City of Las Vegas, Nevada, within two weeks after said special assessment roll is confirmed and approved, without interest and without demand; provided, that all such assessments, or any part thereof, may, at the election of the owner, be paid in installments, with interest, as hereinafter provided. Failure to pay the whole assessment, or any part thereof, within said period of two weeks shall be conclusively considered and held an election on the part of all persons interested, whether under disability or otherwise, to pay in such installments. In case of such election to pay in installments, the unpaid assessments shall be payable at the office of said Ex-Officio City Treasurer in ten substantially equal annual installments of principal, the first of which in­stallments of principal shall be due and payable on or before the 1st day of November, 1956, and the remainder of said installments shall be due and payable successively on or before the same day in each year thereafter until paid in full, with interest in all cases on the unpaid and deferred installments of principal from the 1st day of November, 1955, at the same rate of interest as that provided for in the special assessment bond to be hereafter authorized, sold, issued and delivered, but not to exceed seven per centum (7%) per annum, payable annually at the office of said Ex-Officio City Treasurer, the first annual payment of interest being due and payable on the said 1st day of November, 1956, and the remainder of said annual installments of interest being due and payable on the 1st day of November in each thereafter. Failure to pay any installment, whether of principal or interest, when due, shall cause the whole of the unpaid principal to become due and payable immediately, and the whole amount of the unpaid principal and accrued interest shall thereafter bear penalty at the rate of ten per centum per annum, until the day of sale, but at any time prior to the day of the sale, the owner may pay the amount of all unpaid installments, with interest thereon at ten per centum per annum, and all penalties accrued, and shall thereupon be re­stored to the right thereafter to pay in installments in the same manner as if de­fault had not been suffered. The owner of any property not in default as to any installment or payment, may, at any time, pay the whole of the unpaid principal with interest accruing thereon to the next interest paying date. Each assessment, together with interest thereon, shall be placed on the tax roll of Clark County on and against the several owners and premises, and the County Assessor of Clark County, Acting Ex-Officio Assessor of the City of Las Vegas, is hereby authorized and directed to enter the same on the tax roll of said County and to extend the same in a special column for special assessments on said tax roll, and the County Treasurer of said County, the Ex-Officio City Treasurer and Ex-Officio Tax Collec­tor of the City of Las Vegas, is hereby authorized and directed to collect the same, all in the same manner and at the same time as other State and County taxes are collected. SECTION 16. That the special assessments, both principal and interest, when collected, shall be placed in a special fund to be known as "Street Improve­ment Assessment District No. 1OO-36 Bond Interest and Redemption Fund," and as such shall at all times constitute a sinking fund for and deemed specially appropriated to the payment of the special assessment improvement bonds and interest thereon, to be hereafter authorized, sold, issued and delivered for the purpose of paying in part the cost or expense of said improvements; and said fund shall be applied to payment for the improvements for which said assessments were made, and shall not be used for any other purpose until said bonds and the interest thereon is fully paid. SECTION 17. That after said assessment roll has been confirmed and approved, said Ex-Officio City Treasurer immediately shall notify each person known to said Ex-Officio City Assessor, whose name appears on said assessment roll, by United States of America mail, that an assessment has been levied against said person and the designated property in said Street Improvement Assessment District No. 1OO-36 and shall state therein when and where said assessment is due and payable. SECTION 18. That all action (not inconsistent with the provisions of this Ordinance) heretofore taken by the City of Las Vegas, and the officers of said City, directed toward the paving, curbing and guttering, and installing concrete valley gutters on certain streets and parts of streets therein and other­wise improving certain streets and parts of streets in said Street Improvement Assessment District No. 1OO-36, toward the creation of said District, and toward levying and effecting special assessments to defray the entire cost thereof be, and the same is, hereby ratified, approved and confirmed. SECTION 19. That all by-laws, orders, resolutions and ordinances, or parts of by-laws, orders, resolutions and ordinances, in conflict with this or­dinance, are hereby repealed. 9-21-55