City of Spokane

Spokane Municipal Code

***Note: Many local criminal codes can now be located under Chapter 10.60 SMC while others are now cited under the Revised Code of Washington (RCW), which was incorporated into the municipal code in 2022. (See SMC 10.58.010). Code Enforcement, including Noise Control and Animal Regulations are located in Chapters 10.62 through 10.74.

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Title 12
Chapter 12.13
Section 12.13.250
 

Title 12 Public Ways and Property

Chapter 12.13 Road, Street, and Highway Transportation Project Cost Recovery

Article II. Assessment Reimbursement Areas

Section 12.13.250 Interest on Assessment Charges

If the assessment reimbursement charge is paid within 30 days from the date the ordinance confirming the assessment reimbursement goes into effect, no interest is payable.  Otherwise, interest is payable from the date the ordinance confirming the assessment goes into effect.  Interest is calculated on the basis of a 360-day year and is not compounded.  Total interest payable may not exceed the principal amount of the assessment reimbursement charge.

Date Passed: Monday, March 31, 2025

Effective Date: Saturday, May 10, 2025

ORD C36653 Section 17