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property in the benefit district that abuts the improvement and the owners thereof, equally per <br />property. The assessed amount is $1868 per property. The total assessment for each parcel is as <br />follows: <br /> <br />Address Amount <br /> <br />1250 Pennsylvania $1868 <br />1256 Pennsylvania $1868 <br />1262 Pennsylvania $1868 <br />1266 Pennsylvania $1868 <br />6953 Raymond $1868 <br />6944 Roberts $1868 <br /> <br />Total $11,208 <br /> <br />Section 3. The boundaries of the benefit district are described in Section 2 and the legal <br />description of each parcel of private property therein is set forth in the records of the St. Louis County <br />Recorder of Deeds. Said legal descriptions are hereby adopted and incorporated by 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 bill shall become due and payable 60 days after the <br />date of issue; provided that the request of the property owner, a special tax bill may be paid in annual <br />installments, not to exceed ten, beginning on the date of maturity. The special tax bills shall bear <br />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 therewith, <br />from the date of issuance until paid. <br /> <br /> Section 6. <br />provided by law. <br /> <br />This ordinance shall take effect and be in force from and after its passage as <br /> <br />Passed this [ day of ~ ,2004. <br /> <br />CERTIFIED TO BE CORRECT AS TO FORM: <br /> <br /> ATTORt~EY v <br /> <br /> <br />