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Posted on: November 6, 2020

Deadline Extended for Interest-Free Specials Payoff

Through continued conversations with Cass County, the City was able to extend the interest-free period on the new special assessments (Projects 2019-1, 2019-2, 2019-3, 2019-5, 2019-6) until the end of the year. Interest will not start accruing until 1/1/2021. This is typically not the case as the ND Century Code states a 10-day payoff period to avoid interest. Due to this one time change, residents will be able to pay off their specials without interest through 12/31/2020. 

Payments can be sent to the City of Horace or paid on Cass County’s website once Property Statements are published which will be around mid-December.

If you have questions about your payoff amount, please email finance@cityofhorace.com.

Reminder: Residents can pay off their special assessments at any time over the term of the assessment without penalty (similar to a home mortgage).

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