Assessment Installments; Interest

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Sec. 11. If a municipal works board orders any of the following improvements and assessments are imposed after June 30, 2001, to pay for the improvements or to repay bonds issued under this chapter after June 30, 2001, each owner of property assessed for that improvement may elect to pay the owner's assessment in installments with interest as described in section 8.5(a) of this chapter:

(1) Streets.

(2) Alleys.

(3) Other paved public places.

(4) Lighting.

(5) For municipalities that own and operate a water utility, water main extensions from the water utility.

(6) Sanitary sewers.

(7) Emergency warning systems.

As added by P.L.98-1993, SEC.8. Amended by P.L.62-2001, SEC.5; P.L.45-2004, SEC.1; P.L.42-2006, SEC.2.


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