468.52  Levy for deficiency.

If the first assessment made by the board for the original cost or for repairs of any improvement is insufficient, the board shall make an additional assessment and levy in the same ratio as the first for either purpose, payable at the next taxpaying period after such indebtedness is incurred subject, however, to the provisions of section 468.57. Any assessment made under this section on any tract, parcel, or lot within the district which is computed at less than five dollars shall be fixed at the sum of five dollars.

Section History: Early form

  [S13, § 1989-a26; C24, 27, 31, 35, 39, § 7479; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 455.59]

Section History: Recent form

  89 Acts, ch 126, § 2

  CS89, § 468.52

  94 Acts, ch 1051, §5


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