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1 as determined above, and each year thereafter one of the <br /> 2 installments, together with interest due on the unpaid balance, <br /> 3 shall be collected. Any installment not paid prior to expira- <br /> 4 tion of the thirty-day period during which such installment is <br /> 5 due and payable shall thereupon become delinquent . Each delin- <br /> 6 quent installment shall be subject, at the time of delinquency, <br /> 7 to a charge of 12% penalty levied on both principal and interest <br /> 8 due upon that installment, and all delinquent installments also <br /> 9 shall be charged interest at the rate as determined above. The <br /> 10 collection of such delinquent installments shall be enforced in <br /> 11 the manner provided by law. <br /> 12 <br /> 13 <br /> 1...; -d <br /> 14 MAYOR <br /> 15 ATTEST: <br /> I► <br /> 16 <br /> AIL Bp <br /> 17 CITY CLERK <br /> 18 <br /> PASSED: /15G <br /> 19 <br /> VALID: o�/47,p <br /> / <br /> 20 PUBLISHED: /aa/e9 <br /> 21 0997e <br /> 22 <br /> 23 <br /> 24 <br /> 25 <br /> - 5 - <br />