§ 30.66.205. Assessments.

(a)

The assessment amount for each assessment unit, including billing cycle, shall be determined for each assessment period; subject however, to an annual adjustment. The maintenance district may be considered for creation annually and the assessment amount shall be adjusted accordingly based upon the bids received and the actual contracts approved by the County. Additionally, if costs and expenses are increased within the maintenance district by ten percent (10%) or more, the assessment amount shall be increased accordingly during the remainder of the assessment period.

(b)

Assessment amounts shall be payable according to the payment schedule adopted with the establishment of the maintenance district. The County shall mail to the property owner of the assessment unit a bill for the assessment amount to the same address for the property owner of such assessment unit as billings for real property taxes are sent by the Clark County Assessor(s Office.

(c)

Assessment amounts for any partial assessment period shall be prorated based on a 365-day-year.

(d)

The County shall assess a 10% penalty for each assessment not paid within 60 days from the due date. Interest shall accrue on delinquent payments at the legal rate with unpaid principal, penalties, and accrued interest compounded semi-annually.

(Ord. 2656 § 1 (part), 2001)