If any amount assessed against property under section 364.12 will exceed five hundred dollars, a city may permit the assessment to be paid in up to ten annual installments, in the same manner and with the same interest rates provided for assessments against benefited property under chapter 384, subchapter IV.
Iowa Code § 364.13
2012 Acts, ch 1138, § 100; 2018 Acts, ch 1041, § 127