Ordinance 185-72 - Laserfiche WebLink

• to the several assessments upon equivalent property within L. I. D. No. 690. There is hereby levied and assessed against said lot appearing upon said reassessment roll the amount finally charged against the same thereon. Section 3: The reassessment roll as approved and confirmed shall be filed with the Treasurer of the City of Everett for collection and said City Treasurer is hereby authorized and directed to publish notice as required by law stating that said reassessment roll is in his hands for collection and payment of any assessment • thereon or any portion of said assessment can be made at any time within thirty days from the date of the first publication of said notice without penalty, interest or cost, and that thereafter the sum remaining unpaid may be paid in twenty equal annual installments with interest thereon hereby fixed at the maximum rate of the law specified. The first installment of assessments on said assessment roll shall become due and payable during the thirty-day period succeeding the date one year after the date of first publication by the City Treasurer of notice that the said reassessment roll is in his hands for collection and annually thereafter each succeeding installment shall become due and payable in like manner. If the whole or any portion of the assessments remains unpaid after the thirty-day period, interest upon the whole unpaid sum shall be charged at the maximum rate of the law specified per annum and each year thereafter one of said installments, together with interest due on the whole of the unpaid balance, shall be collected. Any installment not paid prior to the expiration of the said thirty-day period during which such installment is due and payable shall thereupon become delinquent. All delinquent installments shall be subject to a penalty charge of 5% per annum on the delinquent principal. The collection of such delinquent installments will be enforced in the manner provided by law. Section 4: This ordinance shall be made effective upon becoming valid. ATTEST: 62ILJ MAYOR City Clerk Passed: z(---1 ) �) Valid: 471. —y ) _7v Published: ,_/ _)