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HomeMy WebLinkAbout15811 ORDINANCE NO.�S ® AN ORDINANCE of the City of Kent, Washington, amending Section 3 of Kent City 3 Ordinance No. 1566 (January, 1969) regarding collection and payment of assessment roll 4 of Local Improvement District No. 256. 5 THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DO 6 ORDAIN AS FOLLOWS: 7 Section 1. Section 3 of Kent City Ordinance No. 1566 8 (January, 1969), which reads as follows: 9 "Section 3. The assessment roll as approved and confirmed shall be filed with the Treasurer 10 of the City of Kent for collection, and the City Treasurer is hereby authorized and directed to 11 publish notice as required by law stating that the roll is in his hands for collection and pay - 12 ment of any assessment thereon or any portion of that assessment can be made at any time within 13 thirty days from the date of the first publica- tion of the notice without penalty, interest or 14 cost, and that thereafter the sum remaining unpaid may be paid in ten equal annual install - 15 ments with interest thereon hereby fixed at not to exceed the rate of 6 1/2o per annum. The 16 first installment of assessments on the assess- ment roll shall become due and payable during the 17 thirty -day period succeeding the date one year after the date of first publication by the City 18 Treasurer of notice that the assessment roll is in his hands for collection and annually thereafter 19 each succeeding installment shall become due and payable in like manner. If the whole or any portion 20 of the assessments remains unpaid after the first 21 thirty -day period, interest upon the whole unpaid sum shall be charged at the rate not to exceed of 22 6 1/2o per annum and each year thereafter one of the installments, together with interest due on the 23 whole unpaid balance, shall be collected. Any installment not paid prior to the expiration of 24 the thirty -day period during which such irEtallment is due and payable shall thereupon become delinquent. 25 All delinquent installments shall be subject to a charge for interest not to exceed 6 1/2o per annum 26 and for any additional charge of 6% penalty levied upon both principal and interest due upon such installment or installments. The collection of 27 such delinquent ins-tallments will be enforced in 28 the manner provided by law." 29 is hereby amended to read as follows: "Section 3. The assessment roll as approved and conf 30 31 shall be filed with the Treasurer of the City of Kent for -1- 1% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 collection, and the City Treasurer is hereby authorized and directed to publish notice as required by law stating that the roll is in his hands for collection and payment of any assess- ment thereon or any portion of that assessment can be made at any time within thirty days from the date of the first publica- tion of the notice without penalty, interest or cost, and that thereafter the sum remaining unpaid may be paid in ten equal annual installments with interest thereon hereby fixed at the rate of 6 1/2% per annum. The first installment of assessments on the 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. If the whole or any portion of the assessments remains unpaid after the first thirty -day period, interest upon the whole unpaid sum shall be charged at the rate of 6 1/2% per annum and each year thereafter one of the installments, together with interest due on the whole unpaid balance, shall be collected. Any installment not paid prior to the expiration of the thirty -day period during which such installment is due and payable shall thereunpon become delinquent. All delinquent installments shall be subject to a charge for interest at 6 1/2% per annum and for an additionalcharge of 6% penalty levied upon both principal and interest due upon such installment or installments. The collection of such delinquent installments will be enforced in the manner provided by law." Section 2. This Ordinance shall take effect and be in force five (5) days from and after its passage, approval and publication as provided by law. LEX THORNTON, ayor -2- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 ,�.A--t-te�s�t : MARIE JENS !, ity Cir Approved as to form: rr JOHN BEREITER, City Attorney Passed the day of January, 1969. Approved the j day of January, 1969. Published the,�Zday of January, 1969. �l I hereby certify that this is a true copy of Ordinance No. , passed by the City Council of the City of Kent and approved by the Mayor of the Cit of Kent as hereon indicated. �� —(SEAL) RIE MTSFN,City Cle k -3-