CHAPTER 10. ASSESSMENTS
IC 14-33-10
Chapter 10. Assessments
IC 14-33-10-1
Assessment roll
Sec. 1. (a) If the appraisers have determined that there areexceptional benefits to real property, the board of directors shallprepare an assessment roll from the appraisers' report as approved bythe court. The assessment roll consists of the following:
(1) A description of each parcel of real property exceptionallybenefited.
(2) The name of the owner as listed on the tax duplicate ordescribed in the appraisers' report as approved by the court.
(3) The amount of the assessment.
(b) The assessment roll shall be distributed as follows:
(1) One (1) copy shall be recorded in the office of the recorderof each county in which real property exceptionally benefitedis located.
(2) One (1) copy shall be filed with the auditor of each countyin which land of a district exceptionally benefited is located.
(3) One (1) copy shall be kept on file in the office of thedistrict.
(c) Assessments for exceptional benefits are a lien upon eachparcel of real property against which the exceptional benefits areassessed from the date that the assessment is approved by the court.
As added by P.L.1-1995, SEC.26.
IC 14-33-10-2
Payment
Sec. 2. (a) The board shall give notice by publication at least two(2) times at weekly intervals:
(1) in two (2) newspapers of general circulation in each countyhaving land in the district; or
(2) in one (1) newspaper in the county if there is only one (1)newspaper of general circulation;
that assessments are due and payable within sixty (60) days after thedate of the last publication.
(b) Payment of assessments shall be made at:
(1) the office of the board; or
(2) if the court orders, the offices of the treasurers of thecounties.
(c) The owners of real property assessed for exceptional benefitsare entitled to make payment in full unless exceptional benefits areassessed annually and paid with special benefits taxes to the countytreasurer. If payment is made in full, the board shall do thefollowing:
(1) Note the payment in the assessment roll in the board'soffice.
(2) Give a receipt to the landowner paying the assessment.
(3) Enter satisfaction of the lien of the assessment in the
appropriate record in the office of the recorder where theassessment is recorded.
(d) The payment of the assessment does not relieve the realproperty from being subject to the following:
(1) A special benefits tax.
(2) An annual assessment for maintenance and operation basedupon the original exceptional benefit assessment.
As added by P.L.1-1995, SEC.26.
IC 14-33-10-3
Installment payments
Sec. 3. (a) An assessment not paid in full shall be paid in annualinstallments over the time commensurate with the term of the bondissue or other financing determined by resolution adopted by theboard. Interest shall be charged on the unpaid balance at the samerate per year as the interest charged on delinquent property taxpayments under IC 6-1.1-37-9(b). All payments of installments,interest, and penalties shall be entered on the assessment roll in theoffice of the district.
(b) Upon payment in full of the assessment, including interest andpenalties, the board shall have the lien released and satisfied on therecords in the office of the recorder of the county in which the realproperty assessed is located.
(c) The procedure for collecting assessments for maintenance andoperation is the same as for the original assessment, except that theassessments may not be paid in installments.
As added by P.L.1-1995, SEC.26. Amended by P.L.67-2006, SEC.13;P.L.113-2010, SEC.96.
IC 14-33-10-4
Delinquent tax or assessment
Sec. 4. (a) An assessment is a lien on the real property assessedequal to taxes levied on the property. If an installment of anassessment is not paid when due, the real property is subject to thesame rate of interest and penalty as is provided by statute fordelinquent taxes. If an installment or assessment is not paid in theamount and at the time when due, the board shall prepare, certify,and file with the auditor of the county in which the real propertyassessed is located the amount of the assessment against the realproperty with the default in payment.
(b) The county auditor shall place the amount, together withinterest and penalty, upon the tax duplicate to be collected as stateand county taxes are collected at the next date for the semiannualpayment of taxes. If the assessment, interest, and penalty are not paidat that time, the real property is subject to sale as is provided bystatute for the sale of real property on which there are delinquenttaxes. Upon the sale the proceeds shall be prorated equally amongthe assessment and any delinquent taxes. A sale for a delinquent taxor delinquent assessment does not extinguish the assessment.
As added by P.L.1-1995, SEC.26.