Modesto |
Code of Ordinances |
Title 4. PUBLIC WELFARE, SAFETY AND HEALTH |
Chapter 4. SUBDIVISION OF LAND |
Article 5. Parcel Maps |
§ 4-4.521. Authority for Installment Payment of Assessments with Interest.
Latest version.
The City Council, in its discretion, may determine that an assessment in the amount of five hundred dollars ($500.00) or more shall be payable in not to exceed five (5) equal annual installments. The Council's determination to allow payment of such assessments in installments, the number of installments, whether they shall bear interest, and the rate thereof shall be by resolution.