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the assessment roll is in his hands for collection and annually <br /> thereafter each succeeding installment shall become due and <br /> payable in like manner . If the whole or any portion of the <br /> assessment remains unpaid after the first thirty-day period, <br /> 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 Jelin- <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 /> ity Clerk <br /> PASSED: /-2r- 8(P <br /> VALID: /-/D-O(o <br /> PUBLISHED: /-/4/-alv <br /> 0462e <br /> - 3 - <br />