{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-2413.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-2413.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-2413.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-2413.html"}],"law_id":84467,"edition_id":1,"section_id":84467,"structure_id":15766,"section_number":"15.2-2413","catch_line":"Installment payment of assessments","history":"1964, c. 304, \u00a7 15.1-249.1; 1978, c. 15; 1983, c. 179; 1987, c. 201; 1989, c. 171; 1997, cc. 587, 601; 1999, c. 386; 2003, c. 198.","full_text":"The locality making assessments under the provisions of this article may provide that the persons against whom the assessments have been made may pay such assessments in equal installments over a period not exceeding 20 years, together with interest on the unpaid balances at an annual interest rate not to exceed the rate of the index of average yield on United States Treasury securities adjusted to a constant maturity of one year as made available by the Federal Reserve Bank at the time the assessment ordinance was adopted. Such installments shall become due at the same time that real estate taxes become due and payable in the locality in which the assessment was made, and the amount of each installment, including principal and interest, shall be shown on a bill mailed, not later than 14 days prior to the installment due date, to each such person by the treasurer.\n\t\tIn cities, the council, in its discretion, may cause the payment of the amount assessed or apportioned against each landowner, or fixed by agreement with him, for improving sidewalks upon streets or for improving and paving alleys to be made in such manner divided into such installments as shall be determined by the council, bearing interest at such rate as shall be fixed by the council.\n\t\tIf an assessment is made under the provisions of this article for the installation of street lights, the locality making the assessment may provide by ordinance that the actual costs of installing, maintaining and operating such street lights be charged to and collected from each landowner as a separate component of the locality’s billing system for any public utility.","order_by":null,"text":{"0":{"id":302757,"text":"The locality making assessments under the provisions of this article may provide that the persons against whom the assessments have been made may pay such assessments in equal installments over a period not exceeding 20 years, together with interest on the unpaid balances at an annual interest rate not to exceed the rate of the index of average yield on United States Treasury securities adjusted to a constant maturity of one year as made available by the Federal Reserve Bank at the time the assessment ordinance was adopted. Such installments shall become due at the same time that real estate taxes become due and payable in the locality in which the assessment was made, and the amount of each installment, including principal and interest, shall be shown on a bill mailed, not later than 14 days prior to the installment due date, to each such person by the treasurer.\n\t\tIn cities, the council, in its discretion, may cause the payment of the amount assessed or apportioned against each landowner, or fixed by agreement with him, for improving sidewalks upon streets or for improving and paving alleys to be made in such manner divided into such installments as shall be determined by the council, bearing interest at such rate as shall be fixed by the council.\n\t\tIf an assessment is made under the provisions of this article for the installation of street lights, the locality making the assessment may provide by ordinance that the actual costs of installing, maintaining and operating such street lights be charged to and collected from each landowner as a separate component of the locality’s billing system for any public utility.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15766,"edition_id":1,"name":"Taxes or Assessments for Local Improvements","identifier":"2","label":"article","depth":4,"order_by":1,"parent_id":14036,"metadata":{},"date_created":"2026-06-26 03:59:16","date_modified":"2026-06-26 03:59:16","permalink":{"id":155629,"object_type":"structure","relational_id":15766,"identifier":"2","token":"15.2\/II\/24\/2","url":"\/15.2\/II\/24\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":14036,"edition_id":1,"name":"Service Districts; Taxes and Assessments for Local Improvements","identifier":"24","label":"chapter","depth":3,"order_by":1,"parent_id":12733,"metadata":{},"date_created":"2026-06-26 03:46:40","date_modified":"2026-06-26 03:46:40","permalink":{"id":155589,"object_type":"structure","relational_id":14036,"identifier":"24","token":"15.2\/II\/24","url":"\/15.2\/II\/24\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12733,"edition_id":1,"name":"Powers of Local Government","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12720,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":152369,"object_type":"structure","relational_id":12733,"identifier":"II","token":"15.2\/II","url":"\/15.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12720,"edition_id":1,"name":"Counties, Cities and Towns","identifier":"15.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":151279,"object_type":"structure","relational_id":12720,"identifier":"15.2","token":"15.2","url":"\/15.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":70381,"structure_id":15766,"section_number":"15.2-2404","catch_line":"Authority to impose taxes or assessments for local improvements; purposes","url":"\/15.2-2404\/","token":"15.2\/II\/24\/2\/15.2-2404","metadata":false},{"id":85192,"structure_id":15766,"section_number":"15.2-2405","catch_line":"How imposed","url":"\/15.2-2405\/","token":"15.2\/II\/24\/2\/15.2-2405","metadata":false},{"id":82200,"structure_id":15766,"section_number":"15.2-2406","catch_line":"How cost assessed or apportioned","url":"\/15.2-2406\/","token":"15.2\/II\/24\/2\/15.2-2406","metadata":false},{"id":80933,"structure_id":15766,"section_number":"15.2-2407","catch_line":"Assessments to be reported to collector of taxes; postponement of payment by certain property owners","url":"\/15.2-2407\/","token":"15.2\/II\/24\/2\/15.2-2407","metadata":false},{"id":60685,"structure_id":15766,"section_number":"15.2-2408","catch_line":"Notice to landowner of amount of assessment","url":"\/15.2-2408\/","token":"15.2\/II\/24\/2\/15.2-2408","metadata":false},{"id":86113,"structure_id":15766,"section_number":"15.2-2409","catch_line":"How notice given; objections","url":"\/15.2-2409\/","token":"15.2\/II\/24\/2\/15.2-2409","metadata":false},{"id":63749,"structure_id":15766,"section_number":"15.2-2410","catch_line":"Appeal to court; duty of clerk of governing body, etc","url":"\/15.2-2410\/","token":"15.2\/II\/24\/2\/15.2-2410","metadata":false},{"id":81535,"structure_id":15766,"section_number":"15.2-2411","catch_line":"How such appeal tried; lien of judgment; when to take effect; how enforced","url":"\/15.2-2411\/","token":"15.2\/II\/24\/2\/15.2-2411","metadata":false},{"id":85923,"structure_id":15766,"section_number":"15.2-2412","catch_line":"Docketing of abstracts of resolutions or ordinances","url":"\/15.2-2412\/","token":"15.2\/II\/24\/2\/15.2-2412","metadata":false},{"id":84467,"structure_id":15766,"section_number":"15.2-2413","catch_line":"Installment payment of assessments","url":"\/15.2-2413\/","token":"15.2\/II\/24\/2\/15.2-2413","metadata":false}],"previous_section":{"id":85923,"structure_id":15766,"section_number":"15.2-2412","catch_line":"Docketing of abstracts of resolutions or ordinances","url":"\/15.2-2412\/","token":"15.2\/II\/24\/2\/15.2-2412","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-2413\/","history_text":"

This law was first created in 1964. The record of its establishment is cataloged in chapter 304 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1964 \u201cActs\u201d aren\u2019t available online. It has been modified 7 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1978, chapter 15; in 1983, chapter 179; in 1987, chapter 201; in 1989, chapter 171; in 1997, chapters 587<\/a> and 601<\/a>; in 1999, chapter 386<\/a>; in 2003, chapter 198<\/a>.<\/p>","references":[{"id":84346,"section_number":"15.2-718","catch_line":"Postponement of payment of certain assessments","order_by":null,"url":"\/15.2-718\/"}],"refers_to":false,"permalink":{"id":155667,"object_type":"law","relational_id":84467,"identifier":"15.2-2413","token":"15.2\/II\/24\/2\/15.2-2413","url":"\/15.2-2413\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-2413\/","token":"15.2\/II\/24\/2\/15.2-2413","dublin_core":{"Title":"Installment payment of assessments","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-2413","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The locality<\/span> making assessments under the provisions of this article may provide that the persons against whom the assessments have been made may pay such assessments in equal installments over a period not exceeding 20 years, together with interest on the unpaid balances at an annual interest rate not to exceed the rate of the index of average yield on United States Treasury securities adjusted to a constant maturity of one year as made available by the Federal Reserve Bank at the time the assessment ordinance<\/span> was adopted. Such installments shall become due at the same time that real estate taxes become due and payable in the locality<\/span> in which the assessment was made, and the amount of each installment, including principal and interest, shall be shown on a bill mailed, not later than 14 days prior to the installment due date, to each such person by the treasurer.\n\t\tIn cities, the council<\/span>, in its discretion, may cause the payment of the amount assessed or apportioned against each landowner, or fixed by agreement with him, for improving sidewalks upon streets or for improving and paving alleys to be made in such manner divided into such installments as shall be determined by the council<\/span>, bearing interest at such rate as shall be fixed by the council<\/span>.\n\t\tIf an assessment is made under the provisions of this article for the installation of street lights, the locality<\/span> making the assessment may provide by ordinance<\/span> that the actual costs of installing, maintaining and operating such street lights be charged to and collected from each landowner as a separate component of the locality<\/span>’s billing system for any public utility.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nINSTALLMENT PAYMENT OF ASSESSMENTS (\u00a7 15.2-2413)\n\nThe locality making assessments under the provisions of this article may provide\nthat the persons against whom the assessments have been made may pay such\nassessments in equal installments over a period not exceeding 20 years, together\nwith interest on the unpaid balances at an annual interest rate not to exceed\nthe rate of the index of average yield on United States Treasury securities\nadjusted to a constant maturity of one year as made available by the Federal\nReserve Bank at the time the assessment ordinance was adopted. Such installments\nshall become due at the same time that real estate taxes become due and payable\nin the locality in which the assessment was made, and the amount of each\ninstallment, including principal and interest, shall be shown on a bill mailed,\nnot later than 14 days prior to the installment due date, to each such person by\nthe treasurer.\n\t\tIn cities, the council, in its discretion, may cause the payment of the amount\nassessed or apportioned against each landowner, or fixed by agreement with him,\nfor improving sidewalks upon streets or for improving and paving alleys to be\nmade in such manner divided into such installments as shall be determined by the\ncouncil, bearing interest at such rate as shall be fixed by the council.\n\t\tIf an assessment is made under the provisions of this article for the\ninstallation of street lights, the locality making the assessment may provide by\nordinance that the actual costs of installing, maintaining and operating such\nstreet lights be charged to and collected from each landowner as a separate\ncomponent of the locality’s billing system for any public utility.\n\nHISTORY: 1964, c. 304, \u00a7 15.1-249.1; 1978, c. 15; 1983, c. 179; 1987, c. 201;\n1989, c. 171; 1997, cc. 587, 601; 1999, c. 386; 2003, c. 198.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}