Ordinance 121-71 - Laserfiche WebLink

. , ORDINANCE NO. /,2,/ - 7 / AN ORDINANCE amending Section 3 of Ordinance No. 109-71, an ordinance approving and confirming the assessments and assessment roll of Local Improvement District No. 683 (Improvement of 20th Avenue West) THE CITY OF EVERETT DOES ORDAIN: Section 1: Section 3 of Ordinance No. 109-71 is hereby amended in full to read hereafter as follows: "Section 3: The assessment roll as herein 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 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 equal annual installments with interest thereon hereby fixed at the rate of seven and one-half percent (72%). 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 assessment roll is in his hands for collection and annually thereafter each succeeding installment shall become due and payable in like manner. 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 2: This ordinance shall become effective upon becoming valid. AT , A• / ''r"'i ity Clerk Passed: � Valid: &-o?6 7 Published: c,2 -