Chapter 3.48
LOCAL IMPROVEMENT
DISTRICT ASSESSMENTS
Sections:
3.48.030 Interest – Delinquency.
3.48.050 Redemption after foreclosure.
3.48.010 Definitions.
For the purposes of this chapter, the terms “local improvement assessments” and “assessments” mean assessments with respect to a local improvement district, utility local improvement district, or road improvement district. [Ord. 87-144, § 1, 7-20-87.]
3.48.020 Notice – Payment.
Upon confirmation of the assessment roll for any local improvement district, utility local improvement district, or road improvement district, the County Treasurer shall promptly publish notice as required by RCW 35.49.010. All or any portion of an assessment may be paid within 30 days from the date of the first publication of such notice without penalty, interest, or costs. The balance of any assessment not paid within such 30-day period, plus interest on the unpaid balance, shall be paid in a number of equal annual installments as shall be prescribed by resolution. The first such annual installment shall be due one year after the end of the 30-day period described above. Subsequent annual installments, plus interest, shall be due on the same day of each year thereafter. [Ord. 87-144, § 2, 7-20-87.]
3.48.030 Interest – Delinquency.
The balance of assessments not paid within the 30-day period described in CCC 3.48.020 shall bear interest at such rate as shall be set by the Board of County Commissioners. In addition to such interest, delinquent installments of local improvement assessments shall be subject to a penalty of not less than five percent of the delinquent amount per year, as shall be prescribed by resolution. [Ord. 87-144, § 3, 7-20-87.]
3.48.040 Foreclosure.
For the purposes of Chapters 35.50, 36.88 and 36.94 RCW, as amended as of or after the effective date of the ordinance codified in this chapter when delinquent assessments are subject to foreclosure, proceedings for foreclosure shall be commenced on or before September 1st of each year, and shall be carried out in the manner prescribed by law. [Ord. 87-144, § 4, 7-20-87.]
3.48.050 Redemption after foreclosure.
When delinquent assessments are foreclosed upon, all sales shall be subject to a two-year right of redemption as provided by RCW 35.50.270. During the two-year redemption period delinquent interest and penalties shall continue to accrue on the delinquent assessments. Whenever property has been struck off to the county in foreclosure action for delinquent assessments, the owner of that property may redeem it during the redemption period by paying the balance of the assessment plus all interest, penalties, and costs to date of redemption. [Ord. 87-144, § 5, 7-20-87.]
3.48.060 Sale at foreclosure.
When any property is sold at foreclosure for delinquent assessments, the County Treasurer shall hold the amount bid in a special account until the property is redeemed or the redemption period expires, whichever comes first. At any time prior to expiration of the redemption period the owner may redeem the property by paying to the County Treasurer, for the benefit of the successful bidder, the full amount of the bid plus interest thereon from the date of the sale to the date of redemption, at the rate in effect for judgments as of the date of sale. If the property is not redeemed during the redemption period the County Treasurer shall deliver a deed to the property to the successful bidder. [Ord. 87-144, § 6, 7-20-87.]