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- 11 <br /> <br />part of the adopted assessment roll. Ail objections to the <br />assessments not received at the assessment hearing in the manner <br />prescribed by this section are waived unless the failure to <br />object at the assessment hearing is due to a reasonable cause. <br /> <br /> The assessment, with accruing interest, shall be a lien upon <br />all private and public property included therein, from the date <br />of the resolution adopting the assessment, concurrent with the <br />general taxes; but the lien shall not be enforceable against <br />public property as long as it is publicly owned, and during such <br />period the assessment shall be recoverable from the owner of such <br />property only in the manner and to the extent provided in Section <br />210.0.16 of this code. Except as provided below, all assessments <br />shall be payable in equal annual installments extending over such <br />period, not exceeding thrity years, as the resolution determines, <br />payable on the first Monday in January in each year, but the <br />number of installments need not be uniform for all assessments <br />included in a single assessment roll if a uniform criterion for <br />determining the number of installments is provided by the <br />resolution. The first installment of each assessment shall be <br />included in the first tax rolls completed after its adoption and <br />shall be payable in the same year as the taxes contained therein; <br />except that the payment of the first installment of any <br />assessment levied upon payment of the first installment of any <br />assessment levied upon unimproved property may be deferred until <br />a designated future year or until the platting of the property or <br />the construction of improvements thereon, upon such terms and <br />conditions and based upon such standards and criteria as may be <br />provided by resolution of the Council. If special assessments <br />against the property have been deferred pursuant to this <br />subdivision, the city shall file with the Anoka County Recorder a <br />certificate containing the legal description of the affected <br />property and the amount deferred. In any event, every assessment, <br />the payment of which is so deferred, when it becomes payable, <br />shall be divided into a number of installments such that the last <br />installment thereof will be payable not more than thirty years <br />after the levy of the assessment. <br /> Ail assessments shall bear interest a such rate as the <br />resolution determines, not exceeding the maximum permitted by <br />law, except that the rate may in any event equal the average <br />annual interest rate on bonds issued to finance the improvement <br />for which the assessments are levied. To the first installment <br />of each assessment shall be added interest on the entire <br />assessment from a date specified in the resolution levying the <br />assessment, not .earlier than the date of the resolution, until <br />December 31 of the year in which the first installment is <br />payable, and to each subsequent installment shall be added <br />interest for one year on all unpaid installments; or, <br />alternatively, any assessment may be made payable in equal annual <br />installments including principal and interest, each in the amount <br />annually required to pay the principal over such period with <br /> <br /> <br />