§ 33:4045 — Amount assessed placed on tax rolls; installments; cash discount;

§4045. Amount assessed placed on tax rolls; installments; cash discount;
enforcement of liability
The amounts assessed in the ordinance shall be placed upon the tax rolls
divided in five equal installments, the first installment being due and payable
at the same time as the taxes of the year in which the work is completed, and
the other four installments will be due and collectable during the period that
the regular taxes are collectable by the municipality or sewerage district. The
day of delinquency of either of these installments shall be the 31st day of
December of the year in which each installment falls due in principal or in
interest. Each installment shall carry the same rate of interest as does the
certificate issued by the governing authority of the municipality or sewerage
district and the interest shall be paid annually on the unpaid installments. The
owner of the property may pay in cash within ten days after the adoption of the
ordinance accepting the work, and shall receive on account of the cash
payment, a discount equal to five per cent per annum on the amount due and
paid by him, which discount shall likewise be allowed by the contractor to the
governing authority of the municipality or sewerage district.
In the event any owner of property subject to the lien and privileges
hereinabove provided fails to pay the amount apportioned against his property
at its maturity, the governing authority of the municipality or sewerage district
may file a rule against the owner to show cause why the property should not
be sold for the purpose of enforcing payment on the installments due; which
rule shall be made returnable after five days of service in the manner required
for ordinary citations, and shall be tried by preference. Judgment against the
property holder shall be executed in the same manner as ordinary judgments.