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Section 3. The boundaries of the benefit are the parcels described in Section 2 and <br />the legal description of each parcel of private property therein is set forth in the records of the St. <br />Louis County Recorder of Deeds. Said legal description are hereby adopted and incorporated by <br />referenCe herein. <br /> <br /> - Section 4. The Director of Finance is hereby directed to issue special tax bills in said <br />amounts to the property owners. The special tax bills shall become due and payable 60 days <br />after the date of issue; provided that at the request of the property owner, a special tax bill may <br />be paid in annual installments, not to exceed five, beginning on the date of maturity. The special <br />tax bills shall bear interest at a rate of 8% per annum from maturity until paid. <br /> <br /> Section 5. Every special tax bill shall be a first lien upon the property charged <br />therewith, from the date of issuance until paid. <br /> <br /> Section 6. <br />as provided by law. <br /> <br />This ordinance shall take effect and be in force from and after its passage <br /> <br />PASSED this <br /> <br />ATTEST' ', '. : <br /> <br />day of ,2003. <br /> <br />CERTIFIED TO BE CORRECT AS TO FORM: <br /> <br /> <br />