HomeMy WebLinkAboutOrd1995-012
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Sponsored by: Klinkner
Introduction Date: Julv 24 1995
Public Hearing Date: AUl!Ilst 14 1995
CITY OF SEWARD, ALASKA
ORDINANCE NO. 95-12
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA, ENACTING SEWARD CITY CODE
SECTION 5.20.092, DELINQUENT ASSESSMENT INSTALLMENTS
WHEREAS, under current provisions of the City Code, in the event of a delinquency on
assessments due the City, the City is required to file on each year's delinquency separately; and
WHEREAS, this makes the City's foreclosure process costly when compared to the relatively
small size of the average annual assessment; and
WHEREAS, it is the desire of the City to allow foreclosure on the entire assessment balance
in the event of a payment delinquency;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA
HEREBY ORDAINS that:
Section 1. Section 5.20.092 of the Seward City Code is hereby enacted to read as follows:
5.20.092 Delinquent assessment installments.
Upon the delinquency of an assessment installment there shall be due and
payable in addition to the delinquent installment a penalty on the delinquent
installment determined in accordance with the resolution confirming the assessment
roll. Notice of the delinquency shall be mailed to the owner of record The notice
shall describe the delinquency and state that the entire principal balance of the
assessment, plus accrued interest and penalty on the principal balance, shall be due
and payable if the delinquent installment, plus penalty and interest, is not paid within
six months of the date of the delinquency. A delinquency in the payment of an
installment is cured by payment of the delinquent installment, plus penalty and
interest, within six months of the date of delinquency. If a delinquent installment,
plus penalty and accrued interest, is not paid within six months of the date of
delinquency, the entire principal balance of the assessment, plus accrued interest
and penalty on the principal balance, shall be due and payable.
Section 2. This ordinance shall take effect ten (10) days following its enactment.
ENACTED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, this
14th day of August, 1995.
CITY OF SEWARD, ALASKA
ORDINANCE NO. 95-12
THE CITY OF SEWARD, ALASKA
~~ LtY. 0~
Dave W. Crane
Mayor
AYES:
NOES:
ABSENT:
ABSTAIN:
Anderson, Crane, Darling, Deeter, King, O'Brien, Sieminski
None
None
None
ATTEST:
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APPROVED AS TO FORM:
Wohlforth, Argetsinger, Johnson & Brecht,
Attorneys for the city of Seward, Alaska
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City Attorney
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