This text of Iowa § 161A.35 (Installments) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
If the owner of any premises against which a levy exceeding five hundred dollars has been
made and certified shall, within thirty days from the date of such levy, agree in writing in a
separate agreement, that in consideration of having a right to pay the owner’s assessment in
installments, the owner will not make any objection as to the legality of the assessment for
benefit, or the levy of the taxes against the owner’s property, then such owner shall have the
following options:
1.To pay one half of the amount of such assessment at the time of filing such agreement
andtheremainingonehalfshallbecomedueandpayableoneyearfromthedateoffilingsuch
agreement. All such installments shall be without interest if paid at said times, otherwise said
assessments shall bear interest from the date of the
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If the owner of any premises against which a levy exceeding five hundred dollars has been
made and certified shall, within thirty days from the date of such levy, agree in writing in a
separate agreement, that in consideration of having a right to pay the owner’s assessment in
installments, the owner will not make any objection as to the legality of the assessment for
benefit, or the levy of the taxes against the owner’s property, then such owner shall have the
following options:
1. To pay one half of the amount of such assessment at the time of filing such agreement
andtheremainingonehalfshallbecomedueandpayableoneyearfromthedateoffilingsuch
agreement. All such installments shall be without interest if paid at said times, otherwise said
assessments shall bear interest from the date of the levy at a rate fixed by the governing body
of the subdistrict, but not exceeding that permitted by chapter 74A, payable annually, and be
collected as other taxes on real estate, with like penalty for delinquency.
2. Topaysuchassessmentsinnotlessthantennormorethanfortyequalinstallments, the
number to be fixed by the governing body of the subdistrict and interest at the rate fixed by
the governing body of the subdistrict, not exceeding that permitted by chapter 74A. The first
installment of each assessment shall become due and payable at the September semiannual
tax paying date after the date of filing such agreement, unless the agreement is filed with
the county treasurer less than ninety days prior to such September semiannual tax paying
date, in that event, the first installment shall become due and payable at the next succeeding
September semiannual tax paying date. The second and each subsequent installment shall
become due and payable at the September semiannual tax paying date each year thereafter.
All such installments shall be collected with interest accrued on the unpaid balance to the
September semiannual tax paying date and as other taxes on real estate, with like penalty for
delinquency.