Stockton Municipal Code Art. XXII Alternate Method for Collection of Assessments—Payment of Assessments in…

Forthwith upon the levy of an assessment or at any time thereafter as the Council shall determine, the City Clerk shall mail to the owners of property within the assessment district a notice to pay assessment, which shall contain:

A. A statement of the number and date of adoption of the resolution of intention.

B. The date of recording the assessment with the Superintendent of Streets.

C. The date of recording the notice of assessment with the County Recorder.

D. A description of the property of the owner, by street number or other description sufficient to identify it.

E. That the assessment will be collected and may be paid as provided in this article and Article XXI.

F. That the assessment may be paid in cash with or without interest as described therein on or before a date fixed in the notice, which shall not be less than 30 days from the date of recording the assessment.

G. That in lieu of payment in cash, the owner may elect to pay the assessment, with interest on the reducing balances at a rate stated, not to exceed 6% per year from 30 days after date of recording the assessment, according to one of either of the following plans to be selected by the owner.

H. That unless the owner pays the assessment in cash within 30 days, or fails to select one of the plans and returns the post card within 10 days, the assessment with interest, will be collected with the first installment of taxes on the next succeeding tax roll on which City taxes are collected.

1. Plan No. 1. On or before July 1st of either of the next succeeding five calendar years, together with interest. If the fourth or fifth year is selected accrued interest will become due and payable on July 1st of the third, fourth and fifth year.

2. Plan No. 2. An equal amount of principal and interest on July 1st of each of the next succeeding five calendar years.

3. Plan No. 3. An equal monthly amount of principal and interest on the first day of each of 60 successive calendar months commencing on a date specified.

(Prior code § 9-541)

Each notice shall be accompanied by a return post card, postage prepaid, addressed to the Director of Finance, which shall state the number of the resolution of intention and of the individual assessment, state the name and number of the three plans, with a line or square opposite each in which the owner may place a check or cross, and lines for his or her name and address.

(Prior code § 9-542)

Each owner shall designate on his or her return card the plan selected and his or her name and address and return the card within 10 days after the postmark on his or her card.

(Prior code § 9-543)

If an owner fails to make an election or to pay his or her assessment in cash, his or her assessment shall be collected on the tax roll as provided in Sections 3.76.530 through 3.76.540 of this code.

(Prior code § 9-544)

The Director of Finance shall prepare in duplicate, a statement of the amount of the installments of principal and interest and the due dates thereof, as to each parcel and according to the plan selected. He or she shall retain one copy and the Clerk shall mail the other to the respective owners who have selected plans.

(Prior code § 9-545)

An owner may pay in full the unpaid balance of the principal due under a plan, together with interest to the date of payment, as determined by the Director of Finance.

(Prior code § 9-546)

Installments not paid on the due date shall bear interest at the rate of 1% per month. Installments which are unpaid after August of each year, shall be collected on the tax roll as provided in Section 3.76.3310 of this article.

(Prior code § 9-547)