12-1811.   Installment payments; interest; costs included in assessment. The assessment may be levied to be paid in one installment or in notmore than five installments at the discretion of the governing body, andwhen installments are certified to the county clerk, interest at the ratespecified on the scrip or bonds hereinafter authorized to be issued shallbe added: Provided, That when scrip or bonds are not issued theinterest on the one installment shall be four percent. The assessment shallinclude the cost of materials, labor, engineering and supervision,publication expense, cost of printing bonds, removing old sidewalk, and allother expenses properly chargeable against the project: Provided, Thatcertain costs not ascertained at the time of figuring the expense, such aspublication of the assessment ordinance, printing of bonds, etc., may beestimated: Provided, That the costs relating to scrip or bonds shallbe deducted if the assessment is paid within the thirty days provided forherein.

      History:   L. 1941, ch. 103, § 11; June 30.