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assessed and levied as a special assessment against such properties and the real and true owner or <br />owners thereof in the amounts as described in Exhibit F of the Service and Assessment Plan <br />attached hereto. <br />Section 5. There shall be and is hereby levied and assessed against the property <br />within the District, and against the real and true owners thereof (whether such owners be <br />correctly named or not), the sums of money as listed in Exhibit F of the Service and Assessment <br />Plan attached hereto and made a part hereof shown for each of the respective parcels of property, <br />and the assessed against the same, and the owners thereof. <br />Section 6. The sums assessed against property located within the District and the real <br />and true owners or owner thereof, whether the owner or owners be named or correctly named, or <br />the properties be correctly described therein or not, together with interest thereon at the rate per <br />annum when required as set forth in the Service and Assessment Plan and with reasonable <br />attorney's fees and all costs and expenses of collection, if incurred, are hereby declared to be and <br />made a first and prior lien upon the respective parcels of property against which same are <br />assessed from and after this date, and a personal liability and charge against the real and true <br />owner or owners thereof, whether or not such owner or owners be correctly named herein, <br />paramount and superior to all other liens, claims or titles except for lawful claims for state, <br />county, school district, or municipality ad valorem taxes; and that the sum so assessed shall be <br />payable to the City or its assigns in accordance with the Assessment Roll attached as Exhibit F to <br />the Service and Assessment Plan. <br />Section 7. (a) The levy of the Assessments shall be effective on the date of adoption <br />of this Ordinance levying assessments and strictly in accordance with the terms of the Service <br />and Assessment Plan. <br />(b) The apportionment of the costs of the Major Improvements to be assessed against the <br />property within the District, shall be as set forth in the Service and Assessment Plan. <br />(c) Assessments and Annual Installments shall be collected, administered and may be <br />reallocated, and the costs of improvements paid, as set forth in: (i) this Ordinance; (ii) the <br />Service and Assessment Plan and (iii) any ordinance, resolution, bond indenture or agreement <br />approved by the City Council. <br />(d) Each Assessment may be paid in a lump sum or may be paid in Annual Installments <br />pursuant to the terms of the Service and Assessment Plan. <br />(e) Each Assessment shall accrue and bear interest at the rate or rates specified in the <br />Service and Assessment Plan. <br />(f) Each Annual Installment shall be due and payable and shall be collected each year in <br />the manner set forth in the Service and Assessment Plan. <br />