§ 2-747. Partial prepayment.

Latest version.

Any assessment levied by the city may be partially prepaid in an amount not less than 25 percent of the whole assessment prior to the certification of the assessment or the first installment thereof to the county auditor, and no interest shall be charged on the portion of the assessment prepaid.

(Code 1992, § 190; Ord. No. 2005-12, 10-18-2005)

State law reference

Special assessment procedure, authority to authorize partial prepayment of assessments, Minn. Stats. § 429.061(3).

                    
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