Title 08 Taxation and Revenue
Chapter 08.02 Fees and Charges
Article IV. Collection of Accounts
Section 08.02.040 Local Improvement Assessments
Each local improvement assessment or installment, when delinquent, is subject to a penalty, in addition to the interest on installment payments, of eight and one-half percent of the amount of the installment due, including accrued interest, from delinquency to date of payment or foreclosure, provided the penalty is eight percent on assessments made prior to October 7, 1974.
Date Passed: Monday, May 7, 2007
Effective Date: Wednesday, June 20, 2007
Recodification ORD C34025 Section 1