Ind. Code § 36-9-22-5
(a) This section applies when:
(b) There shall be included in:
(2) the assessments;
a sum equal to the amount provided in or computed from the contract as the fair pro rata share due from the owners upon and for the contracted sewage works, including any interest owed. The sum included in the engineer's estimate must be separately itemized.
(c) If an owner elects to pay the owner's assessment by installments in anticipation of which bonds and coupons are issued, the amount of the bonds and coupons must include the fair pro rata share of the cost of the contracted sewage works. However, an owner may elect to pay the fair pro rata share in cash within sixty (60) days after the assessment is final and to pay the remainder of the assessment in installments.
[Pre-Local Government Recodification Citation: 19-2-7-19 part.]
As added by Acts 1981, P.L.309, SEC.95. Amended by P.L.127-2017, SEC.312.