Agenda - 04-12-2007-4 - Laserfiche WebLink

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~~ 10. No earlier than~20 days from the date the assessment roll is confirmed; the • county tax collector shall publish.once a notice that the• roll has been confirmed. The notice shall also state that assessments may be paid without interest at any time before the expiration of 30 days from the date that the notice. is published and that if they are not paid within this time, all installments~thereof shall bear interest as determined by the BOC (not to exceed 8% per annumj. 11. Once the assessment roll has been confirmed; an owner may appeal the amount of the assessment, but not the assessment .itself. An appeal must be made within 10 days of the confirmation of the assessment roll. The appeal is made to the appropriate division of the General Court of Justice. The owner will then have 20 days from the date the assessment roll is confirmed to present the BOC or clerk a statement of facts upon which the appeal is based: The appeal shall be tried like other actions at law. 12. Within 30 days after the day that. notice of confirmation of the assessment roll is published, each owner of assessed property shall, pay his assessment in full, unless the BOC has provided that assessments may be paid in annual installments. If payment by installments is perrriitted, any portion of an assessment not paid within the 30-day period shall be paid in annual • ~iristallments: The BOC shall.in the assessment resolution determine whether • payment may be made by annual. installments and set the number of installments, which may not be more than 10. With respect to payment by installment, the board may provide .a.) That the frst installmentwith interest is due on the date when property taxes are due, and one•installmentroith interest is due on the same date in each successive year until the assessment is paid in full, or b.) That the first installment with interest is due 60 days after the date that the assessment roll is confirmed, and one installment with interest is due on that same day in each successive year until the assessment•is paid in full. 13: If an installment is not paid on or before the d.ue~.date, all of the installments remaining unpaid immediately become due, unless the BOC.waives acceleration. The board may waive acceleration. and permit the property owner to pay all installments in arrears together with interest due thereon and the cost to the county of attempting to obtain payment. If this is done, any remaining installments shall be reinstated so thatthey.fall due as if there had been no default. The board may waive acceleration and reinstate further installments at any time~before foreclosure proceedings have been instituted. 8