After the completion of the contract or portion thereof or as soon as possible thereafter, the Director of Transportation shall report the assessment so made to the Director of Finance, who shall proceed to collect the same in the same manner as taxes upon real estate are collected. These assessments:shall be due and payable as soon as reported to the Director of Finance; and may be paid in deferred payments as provided in <cite data-path="|26|§8-5">§ 8-5 of this subtitle</cite>. This election, with the 1^st installment, must be made prior to the interest date and may also be paid in full, without interest, at any time prior to 30 days after the 1^st of the month succeeding the date of such report to the Director of Finance and, unless paid within that time, shall thereafter bear interest until paid in full. Said assessments shall be liens upon the property, the owners of which are so assessed, from the date of the completion of the contract or portion thereof for the work for which such assessments are made, subject, as to any party who may have appealed, to the final determination of the Board of Municipal and Zoning Appeals or the court or jury upon such appeal. The Director of Finance:shall have the same remedies for the collection of said assessments, interest, and penalties as are provided by law or ordinance for the collection of ordinary taxes upon real estate; and may use these remedies upon default of any 1 annual payment. Said default shall cause the whole of the remainder of the amount so assessed and yet unpaid to be due and owing. City Code, 1950, art 35, §56(2nd - 3rd, 5th - 8th sens.) 1966, art. 26, §4(2nd - 3rd, 5th - 8th sens.) 1976/83, art. 26, §5(2nd - 3rd, 5th - 8th sens.) Ord. 45-273 Ord. 49-599 Ord. 73-438 Ord. 76-139 Ord. 04-672 Ord. 15-435