Sec. 12. (a) Upon completion of the assessment list by the
works board, the list shall be delivered to the
fiscal officer of the
municipality. From the time the respective amounts of benefits are assessed, or if a lot or parcel has sustained both benefits and
damages because of an improvement as stated in the assessment list, then the excess of benefits assessed over damages awarded constitutes a
lien superior to all other liens except taxes against the respective lot or parcel.
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Terms Used In Indiana Code 32-24-2-12
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- fiscal officer: means :
Indiana Code 32-24-2-1
- Lien: A claim against real or personal property in satisfaction of a debt.
- municipality: means a city or town. See Indiana Code 32-24-2-2
- Statute: A law passed by a legislature.
- works board: means :
Indiana Code 32-24-2-4
(c) The duties of the fiscal officer of the municipality and county treasurer are the same as prescribed with regard to assessments for street improvement. The provisions of the statute relating to:
(1) the payment of street improvement assessments by installments on the signing of waivers and issuance of bonds and coupons in anticipation;
(2) the duties of the fiscal officer and the county treasurer in relation to them; and
(3) the enforcement of payment of assessments in proceedings for the improvement of streets by the works board;
applies to these assessments.
[Pre-2002 Recodification Citation: 32-11-1.5-9.]
As added by P.L.2-2002, SEC.9.
