North Dakota Code > Chapter 40-54 – Gravel Surfacing City Streets


§ 40-54-01	Bids – Advertising – Requirements
§ 40-54-02	Awarding contract – Failure to advertise for bids
§ 40-54-03	Hearing upon petition – Notice – Decision
§ 40-54-04	Notification of award of contract – Contractor’s duty – Project number
§ 40-54-05	Assessments
§ 40-54-06	City auditor to deliver duplicate assessment rolls – Collection of assessments
§ 40-54-07	City auditor to keep gravel assessment book
§ 40-54-08	Payment of assessments – Interest
§ 40-54-09	Separate fund for project – Warrants
§ 40-54-10	Gravel assessment warrants – How paid – Interest – Contents
§ 40-54-11	Warrants payable from special graveling fund
§ 40-54-12	Optional method of graveling streets

Contract: A legal written agreement that becomes binding when signed.
Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
Lien: A claim against real or personal property in satisfaction of a debt.
Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
Property: includes property, real and personal. See North Dakota Code 1-01-49
seal: includes an impression of such seal upon the paper alone as well as upon wax or a wafer affixed thereto. See North Dakota Code 1-01-38
State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49
week: means seven consecutive days and the word "month" a calendar month. See North Dakota Code 1-01-33
year: means twelve consecutive months. See North Dakota Code 1-01-33