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1 any portion of the assessment remains unpaid after the first <br /> 2 thirty-day period, interest upon the whole unpaid sum shall be <br /> 3 charged at the rate as determined above, and each year <br /> 4 thereafter one of the installments , together with interest due <br /> 5 on the unpaid balance, shall be collected. Any installment not <br /> 6 paid prior to expiration of the thirty-day period during which <br /> 7 such installment is due and payable shall thereupon become <br /> 8 delinquent . All delinquent installments shall be subject to a <br /> 9 charge for interest at the rate as determined above and for a <br /> 10 charge of 12% penalty levied upon both principal and interest <br /> 11 due upon such installment or installments . The collection of <br /> 12 such delinquent installments shall be enforced in the manner <br /> 13 provided by law. <br /> 14 <br /> 15 ATTEST: MAYOR <br /> 17 <br /> CITY CLERK, =240'� <br /> 18 PASSED: 6,////9c; <br /> 19 VALID: (o//71/ 0 <br /> 20 <br /> PUBLISHED: 06/5'0 <br /> SLH-434 <br /> 21 <br /> 22 <br /> 23 <br /> 24 <br /> 25 <br /> - 4 - <br />