ARTICLE 7. Annual Installments
Article 7 added by Stats. 1943, Ch. 369.
§§ 9485–9497 · 13 sections
- § 9485 Upon the sale of any of the bonds of the drainage district based upon any assessment levied by the board, as provided by this part, the board shall annually…
- § 9486 The board may also in the order fix and determine upon such additional sum as the board deems proper to be collected to provide a sinking fund for the…
- § 9487 Immediately upon making the order the board shall prepare in duplicate, retaining one original, and causing the other original to be certified by its secretary…
- § 9488 To the assessment referred to in the preceding section shall be added and collected an additional amount of 15 per cent of the amount to cover possible…
- § 9489 The statement provided for in Section 9487 shall also include, and there shall be added and collected, such additional sum as the board in its order may have…
- § 9490 The amount necessary to pay the interest and principal, or either, falling due, together with the additional 15 per cent of that amount and the amount for…
- § 9491 Unless otherwise determined by the board or by an order entered in its minutes, a copy of which duly certified shall be transmitted to the county treasurer of…
- § 9492 For convenience in entering payments of the installment for bonds, the board shall furnish to the county treasurer of each county affected, an annual…
- § 9493 The list shall contain appropriate columns for the entry of payments, sales and redemptions.
- § 9494 The county treasurer shall enter on the annual collection list in the proper column the following: (a) All payments, with date of payment. (b) The word “sold”…
- § 9495 The county treasurer shall make a report to the board as often as requested of all entries made by him on the collection list.
- § 9496 When either portion of any installment for bonds becomes delinquent, a penalty of one dollar ($1) together with 20 per cent of the amount of the installment on…
- § 9497 All money collected by the several county treasurers upon the installment for bonds or for the penalty thereon in case of delinquency shall, within 30 days…