that Senate Bill 260 be amended to read as follows:
SOURCE: Page 3, line 17; (11)MO026003.3. -->
Page 3, line 17, delete "financial institution, an" and insert
" qualified independent party
Page 3, delete line 18.
Page 3, line 19, delete "development company".
Page 6, delete lines 29 through 31, begin a new paragraph and
" (b) Subject to subsection (d), a county treasurer shall bill and
collect the assessments in the same manner that property taxes are
billed and collected. However, the county treasurer shall enforce
an assessment as a lien on a property subject to all liens and
encumbrances existing on the property as of the date of the initial
Page 6, between lines 40 and 41, begin a new paragraph and insert:
" (e) An assessment under this chapter is prepayable at any time
(Reference is to SB 260 as printed February 8, 2011.)