Las Vegas City Ordinances, November 13, 1950 to August 6, 1958, lvc000015-121

Section 4. That the entire cost and expense of making said improvements, including all inci­dental expenses which may be legally included in the sums assessed, including, without limiting the gen­erality of the foregoing, the cost of surveys, plans, assessments, the costs of construction, and the fees and compensation properly charged in the work of making special assessments, shall be defrayed by special assessments made according to benefits against the owners and the assessable lots, premises and property specially benefited by such improvements and included within said District* The entire cost and ex­pense of making said improvements are deemed to be $27,946.90 and the total of the special assessments so levied shall be in that amount. Section 5. That in no case shall the amount of any special assessment upon any such lot or premises exceed of the value of such lot or premises as shown upon the latest tax list or assessment roll for State and County taxation, but such cost in excess of 50% shall, be borne by the City of Las Vegas and paid out of the General Fund. Section 6. That the County Assessor of the County of Clark and State of Nevada, the acting Ex-Officio City Assessor of the City of Las Vegas, Nevada, shall, prepare, and is hereby empowered, author­ized and directed to make forthwith, an assessment roll in the manner provided by the Charter of the City of Las Vegas, Nevada, and shall assess each lot or parcel of land embraced within the aforementioned special assessment district, such relative portion of the whole sum to be levied in said district as shall be proportionate to the estimate benefit resulting to such lot or parcel of land from the improvement. Section 7. That when said Ex-officio City Assessor shall have completed the assessment, he shall report the same to the Board of Commissioners of the City of Las Vegas, Such report shall be signed by him and made in the form of a certificate endorse on the assessment roll, which certificate shall be in the fora prescribed by the Charter of the City of Las Vegas. Section 8. That after said special assessment roll shall have been prepared and reported to said | Board, it shall be filed in the office of the City Clerk, and numbered. Section 9. That before said special assessment roll is adopted and confirmed by said Board, any person objecting to the assessment may file his objection thereto with the City Clerk on or before Wed­nesday, the 16th day of July, 1952, at 7:30, o’clock P.M., at the City Hall in said City, and said time and place are hereby fixed as the time and place when and where said Board and County Assessor and Ex- officio City Assessor will meet to hear and consider objections to said special assessment roll and to review said assessments. Section 10. That after filing said special assessment roll with the City Clerk, she shall pub­lish notice of the time said Board and said Ex-officio City Assessor will meet to review the assessments at least once a week for two weeks in the Las Vegas Review Journal, a daily newspaper published in said City of Las Vegas, Said notice shall be in the form prescribed by the Charter of the City of Las Vegas. Section 11. That at said time appointed for reviewing the assessments as aforesaid, the Board of Commissioners and the Ex-officio City Assessor shall meet and then, or at some adjourned meeting, re­view the assessments and hear any objection to said assessments which may be made by any person deeming himself aggrieved thereby, and shall decide the same; and said Board may correct the same as to any assess­ment or description of the premises as appearing therein, and may confirm and approve it as reported or as corrected, or said Board may refer the assessment back to said Ex-officio City Assessor for revision, or annul it and direct a new assessment in which case the assessment shall be made anew. Section 12. That when said special assessments shall be confirmed, the City Clerk shall make an indorsement upon the roll showing the date of confirmation, which shall be in the form prescribed by the Charter of the City of Las Vegas. Section 13. That when the assessments shall be confirmed and approved as herein provided, it shall be final said 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 l4. 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 bounty, Nevada, acting Ex-officio City Treasurer and Ex-officio Tax Collector of the City of Las Vegas, Nevada, within one week 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 one week 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 August, 1953, 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 August, 1952, 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 bn the said 1st day of August, 1953. and the remainder of said annual installments of interest being due and payable on the 1st day of August in each year 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 draw interest 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.