10-115.   Payment of special assessments.Where bonds have been or are to be issued by any municipality, whichbonds are payable from special assessments to be levied by suchmunicipality, the owner of any lot or piece of land liable to any suchspecial assessment may redeem his or her property from such liability bypaying the entire amount chargeable against such property at any timebefore the issuance of the bonds, or after the issuance of the bonds bypaying all of the installments of the assessments which have been levied,and also the amount of the unlevied installments, with interest on thelatter at the rate of interest provided in said bonds from the date of thebonds to the time of maturity of the last installment.

      In all cases where installments of special assessments not yet leviedare paid, as above provided, whether before or after the issuance of thebonds, to the treasurer of the municipality issuing such bonds, thetreasurer shall receipt therefor, and all sums so paid shall be appliedsolely to the payment of such improvements or the redemption of the bondsissued therefor. Where any piece of property has been redeemed fromliability for the cost of any improvement, as herein provided, suchproperty shall not thereafter be liable to further special assessment forthe cost of such improvement.

      History:   R.S. 1923, § 10-115; Dec. 27.