§ 90-105. Partial year annual disposal assessment.

(a)

For improved real property receiving a certificate of occupancy after the first day of the year and which is not included on the annual disposal assessment roll, the annual disposal assessment under this article shall be imposed on the property on a pro rata basis by multiplying the applicable rate for the particular property by a fraction, the denominator of which is the number of days in the year and the numerator of which is the number of days remaining in the year after the issuance of the certificate of occupancy, inclusive of the day of issuance. The county shall collect such annual disposal assessments at the time the certificate of occupancy is issued by the appropriate governmental agency, and the charge for any improved real property receiving a certificate of occupancy prior to establishment of the current year rate shall be based upon the prior year rate as previously approved by the board of county commissioners.

(b)

The assessments shall be subject to the same early payment discounts and interest penalties as set forth in section 90-122; however, for the purposes of this section any payment made prior to November 1 of the year billed shall only be entitled to a four-percent discount. The county shall distribute any pro rata assessments collected directly by the county to the trustee appointed by the county under the bond resolution or indenture securing the bonds for application under the bond resolution or indenture.

(Code 1970, § 23-91; Ord. No. 89-07, § 21, 3-7-89)