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Ordinance 1411-87
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Ordinance 1411-87
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1/4/2018 9:56:22 AM
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Ordinances
Ordinance Number
1411-87
Date
12/16/1987
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interest upon the whole unpaid sum shall be charged at the rate <br /> as determined above, and each year thereafter one of the <br /> installments , together with interest due on the unpaid balance, <br /> shall be collected. Any installment not paid prior to expira- <br /> tion of the thirty-day period during which such installment is <br /> due and payable shall thereupon become delinquent . All delin- <br /> quent installments shall be subject to a charge for interest at <br /> the rate as determined above and for an additional charge of 12% <br /> penalty levied upon both principal and interest due upon such <br /> installment or installments . The collection of such delinquent <br /> installments shall be enforced in the manner provided by law. <br /> MAYOR <br /> ATTEST: <br /> ,78?-le%etf.;2?) <br /> (7:-A10c <br /> CITY CLERK <br /> PASSED: jam_ /6_ 7 <br /> VALID: / , --,� <br /> PUBLISHED: / _ �� 4-7 <br /> 08 1 4 e <br /> - 4 - <br />
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