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City of Troy, NY
Rensselaer County
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Table of Contents
Table of Contents
[Adopted 3-1-1973 as § 30-18 of Ch. 30 of the 1973 Code]
The cost of water meters shall be borne 100% by the property owners benefiting therefrom and shall be assessable therefor as follows:
A. 
If payment is made in full, there shall be no interest charged.
B. 
Payment may be made in four equal installments over a period of four years at an interest rate of 6% per annum.
C. 
In no event shall payment exceed a period of four years.