Ordinance No. 18402 - Laserfiche WebLink

Home Browse Search

1~~-oz tax is imposed. ~2~ Within 14 days after the conveyance is officially recorded, the tax ~.s delinquent to the extent not paid. ~3~ The penalty for the delinquency is ten percent of the amount of the tax. 4.4 ~ Ninety days after the recording, if the tax is not fully paid, an additional ten percent of the unpaid amount is due as an additional penalty. ~.5~ On a delinq•~ent amount of the tax, interest accrues at the rate of ane percent a month or fraction thereof , from the date the delinquency beginsuntil the date the delinquent amount is paid. ~6} A penalty fir, and ,interest on, such a tax becomes a part of the tax. 4:7 ~ The finance officer nay bring an action in a court of competent jurisdiction to enforce payment of a tax delinquent under sections 3.840 to 3.852. The finance officer may also make the delinquent tax a lien on the property involved in the trans- fer and enforce payment of the delinquent tax by foreclosure of the lien in the manner authorized by law. Section 2. That the provisions contained herein concern the public welfare and safety and therefore, an emergency is hereby de- clared to exist, and this ordinance shall become effective November 1, 1979 if approved by the voters of the City at an election to be held on June 26, 1979. Passed by the City Council this ~~ ~-~- day of , 19 7 9 Cit Recorder Approved by the Mayor this --- day of 19 7 9 crt~ g May nci res ~ dent Ordinance - 3