HomeMy WebLinkAbout1773ORDINANCE NO. /771
An ORDINANCE of the City Council of the City of Port Angeles,
providing for the charging of interest and penalty on
delinquent assessments.
WHEREAS, there are now, and will be in the future, assessments
outstanding and unpaid in the various local improvement districts of
the city and in such local improvement districts and utility local
improvement districts as may hereafter be formed; and
WHEREAS, it is necessary that the city provide by general
ordinance for the levying of interest charges and penalty charges on
such assessments which have or may become delinquent;
NOW, THEREFORE, BE IT ORDAINED by the Council of the City
of Port Angeles, Washington, as follows:
Section 1. Any installment of the principal of and interest
on any assessment now or hereafter levied in any local improvement
district or utility local improvement district of the City of Port
Angeles which is not paid on, or prior to, the date on which such
installment is due and payable shall thereafter be deemed delinquent.
All such delinquent installments of assessments shall, until
paid, be subject to a charge for interest at the same interest rate
chargeable to such assessment prior to delinquency and an additional
charge of .S % penalty shall be levied upon both principal and
interest due upon such installment or installments from the date of
delinquency. Collection of such delinquent installments shall be
enforced in the manner provided by law.
PASSED by the City Council of the City of Port Angeles,
Washington, at a regular meeting thereof this day of
n e
, 1972.
ATTEST:
Pei BL /sN.ED; .De-c-. i97�
CITY OF PORT ANGELES, WASHINGTON
By
Mayor