The district to be assessed to pay the principal and interest of said bonds shall be described in the resolution of inten-tion.
(Prior code App. A, § 381)
If, in the judgment of the Council conducting the proceeding, varying benefits to be derived by the different parcels of land lying within the assessment district so require, the district may be divided into zones according to benefits. The district may be divided into as many zones, up to the total number of parcels of land in the district as may be deemed necessary, and each zone shall be composed of and include all the parcels of land within the district which will be benefited in like measure. The Council shall also determine the percentage of the sum to be raised each year by the levy and collection of the special assessment taxes in the district for the payments on the principal and interest of the bonds, which will be raised from the lands in each zone.
(Prior code App. A, § 382)
When the district is divided into zones, the resolution of intention shall so state, giving the percentages to be raised from the lands in each zone. Each zone shall be designated by a different letter or number and shall be plainly shown on the map or plat of the assessment district filed in the office of the City Clerk and referred to in the resolution of in-tention, either by separate boundaries, coloring or other convenient and graphic method so that all persons interested may with accuracy ascertain within which zone any parcel of land is located. It shall be sufficient in all cases where the assessment district is to be divided into such zones according to benefits if the resolution of intention states that fact and refers to the plat or map for the boundaries and all details concerning the zones.
(Prior code App. A, § 383)
No assessment or diagram shall be made, and the respective provisions elsewhere in this title with reference to the making, confirmation, recordation, levy, collection, payment and enforcement of such assessment shall be and remain inapplicable to such proceedings.
(Prior code App. A, § 384)
For each district in which bonds have been issued under this article, a special fund to be named "Bond Plan D, Series No. Interest and Redemption Fund," or other designation sufficient to identify it, shall be instituted by the City.
(Prior code App. A, § 385)
For each district in which an issue of bonds has been had pursuant to this article, until all of the bonds and interest thereon have been paid in full, the Council shall annually levy an ad valorem assessment upon all of the assessable lands within the assessment district created therefor, which shall be made and collected at the time and in the manner provided in Article VI of this chapter.
(Prior code App. A, § 386)
Excepting as otherwise provided in this article, all of the applicable provisions of Articles VI and VII of this chapter shall apply; provided, however, that the supplemental remedy provision referred to therein shall not apply unless expressly so provided in the resolution of intention and in the bonds.
(Prior code App. A, § 387)
In the event that after having anticipated delinquencies in the amount of 10 percent of the amount of an annual assessment levy there is still a shortage in the funds raised in the amount of 10 percent or more, as a cumulative remedy, the City, of its own volition, or a bondholder, may bring an action to foreclose the lien of the assessment installments so delinquent, and the provisions of Sections 4-36.155 through 4-36.220 shall apply.
(Prior code App. A, § 399; Ord. 2418 § 6, 1984)