Ordinance 2097-95 - Laserfiche WebLink

• Section 17: DELINQUENT PAYMENTS If an assessment has not been paid within thirty days after its due date, and the ratepayer has been making prompt payments in the past, the City official in charge of assessment collections shall send a reminder notice and add a $20.00 processing fee. If (a) the assessment is not paid within sixty days after its due date or (b) the assessment was not paid within thirty days, and the ratepayer has been late on one of the previous two payments, a delinquency charge shall be added in the amount of ten percent of the assessment in addition to the processing fee. All assessments which are not paid when due shall also bear interest at the rate of twelve percent per annum from the date payment was due. Section 18: COLLECTION/FORECLOSURE. Whenever any annual assessment under this ordinance shall be delinquent for more than thirty days, the entire annual assessment shall be due and payable and shall constitute a lien on the property assessed, and the collection thereof may be enforced through foreclosure action on the property assessed in the manner as provided for collection and foreclosure of local improvement district assessments pursuant to Title 35 RCW, including but not limited to Chapters 35.44, 35.49, and 35.50, and applicable provisions of the Everett Municipal Code. Alternatively, or as a cumulative remedy, the delinquent assessment may be collected from the owner liable therefor by civil action in either district or superior court. Section 19: TERMINATION OF BIA. The BIA and the special assessment levy therefor shall terminate within one year (or such longer period as set forth in the termination petition)from the date of submission to the City of a petition containing the signatures of the owners of property in the BIA who pay fifty percent or more of the annual special assessment amount for the BIA, requesting termination of the BIA and special assessment levy. The BIA and the special assessment levy therefor shall continue for a period of only ten years unless, at least ninety days prior to such termination, a petition is submitted to the City requesting the continued existence of the BIA, with such petition containing the signatures of the owners of property in the BIA who will pay fifty percent or more of the annual special assessment for the BIA. Section 20: CHANGES IN BUDGET. If the City Council finds that: (1) by reason of changed conditions or unanticipated circumstances, it is in the best interest of the participants in the BIA to provide changes to the approved annual budget; or (2) changes in the approved annual budget are necessary in order to best meet the objectives or purposes for which the BIA was formed; or (3) the total assessments collected are greater or less than anticipated, or the actual cost of a particular program or service is greater or less than anticipated, then the City Council may, by ordinance, amend the annual budget and reallocate the funding for the particular programs or services to be provided, and to provide funding for such other purposes as may BUSINESS IMPROVEMENT AREA ORDINANCE Page 8