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<br />.. <br />- <br />property and the property is not pledged as security to the holders <br />of any evidence of city indebtedness{~}i or e <br /> ill When the adjustment of the claim involves only interest <br />or penalties which were imposed by a discretionary administrative <br />decision. <br />(5) The authority granted the finance officer in this section does <br />not allow the waiver of any sum due the city under this code or state law <br />the payment of which is a precondition to receiving a benefit, service, deci~ <br />sion, permit or privilege issued or to be performed by the city. <br />(6) Any modification, compromise, settlement or cancellation of a <br />claim under this section shall be reviewed by the city attorney, reduced to <br />writing, signed when possible by the parties thereto, and recorded when <br />necessary. Such agreements shall provide that in the event the obligor has <br />withheld or misrepresented material facts or committed fraud, a penalty in <br />the amount of the original claim shall be added to the sums then due and the <br />entire amount shall be immediately due and payable to the city, and such <br />other provisions as may be required by the finance officer. <br />Section 2. That the matters contained herein concern the public welfare <br />and in order to insure the orderly implementation thereof, an emergency is <br />hereby declared to exist, and this Ordinance shall become effective immedi~ <br />atelj upon its passage by the Council and approval by the Mayor. '. <br />Passed by the City Council this Approved by the Mayor this <br />day of , 1985 day of , 1985 <br />City Recorder Mayor <br /> - <br />Ordinance .,:". 2 <br />