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the specially benefited property to connect to any water or sewer <br />Improvements before assessments may be collected therefor, as <br />long as connections are available from the County; the Clerk of <br />the Board shall not be required to certify on any Bonds that the <br />amount of assessment liens levied as security for the Bonds are <br />equal to the amount of the Bonds; the assessments shall bear <br />interest from the date of acceptance of the improvements or, if <br />applicable, the date of any obligations payable from the <br />assessments, whichever is earlier; and the interest rate borne by <br />the assessments, after adequate provision has been made for <br />payment of the principal of, interest on and redemption premium, <br />if any, on any obligations payable from the assessments, may, at <br />the option of the Board and to the extent permitted by law (other <br />than Chapter 170) be increased to a rate per annum not to exceed <br />1% above the prime lending rate of an institution specified by <br />the Hoard. All assessment plats, plans and specifications, cost <br />estimates and records of the names and addresses of the owners <br />of property to be assessed shall be kept and maintained by the <br />public works or other similar department of the County, or such <br />other office or officer of the County as may be specified by the <br />Board from time to time. Any special assessment liens upon real <br />property, resulting from special assessments levied pursuant to <br />the provisions of this ordinance, shall be extinguished upon the <br />recording by the Board in the Official Records of the County, an <br />affidavit or affidavits executed by the Chairman of the Board to <br />the effect that sufficient security has been deposited with the <br />County in order to insure timely payment of the amounts of such <br />special assessments or the installments thereof, as the case may <br />be. If notes are issued in anticipation of the issuance of <br />Bonds, the special assessments shall bear interest at a rate not <br />to exceed 1% above the rate of interest on the notes, as long as <br />the notes are outstanding. Any special assessments that are pre- <br />paid shall bear interest at the rate borne by the Bonds or the <br />notes issued in anticipation of the issuance of the Bonds, <br />-3- <br />