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become delinquent. Each delinquent installment shall be subject, at the time of <br /> delinquency, to a charge of 12% penalty levied on both principal and interest due upon <br /> that installment, and all delinquent installments also shall be charged interest at the rate <br /> as determined above. The collection of such delinquent installments shall be enforced in <br /> the manner provided by law. <br /> Section 5: <br /> If any provisions of this ordinance shall be declared unconstitutional or invalid by any <br /> court of competent jurisdiction, it shall be conclusively presumed that this ordinance <br /> would have been enacted without the provision so held unconstitutional or invalid and the <br /> remainder of this ordinance shall not be affected as a result of said part being <br /> unconstitutional or invalid. <br /> • 46 a <br /> EDW• • I I. HAN` , MAYOR <br /> ATTEST: <br /> )7)/ <br /> TY CLERK <br /> Passed: 12/29/99 <br /> Valid: 12/30/99 <br /> Published: 1/7/2000 <br /> Effective: 1/15/2000 <br /> -3- <br /> 50147509.02 <br />