Chapter 8.01
Delinquent Payments

Sections:

8.01.010    Assessment acceleration.

8.01.010 Assessment acceleration.

As authorized by R.C.W. 35.50.040, the City hereby provides that, upon failure to pay when due any installment of an assessment for local improvements, the entire assessment shall be come due and payable and the collection thereof enforced by foreclosure; provided, that the payment of all delinquent installments together with interest, penalty, and costs at any time before entry of judgment in foreclosure shall extend the time of payment of the remainder of the assessments as if there had been no delinquency or foreclosure.  Where foreclosure of two installments of the same assessment on any lot, tract, or parcel is sought, the City Treasurer shall cause such lot, tract or parcel to be dismissed from the action if the installment first delinquent together with interest, penalty, costs and charges is paid at any time before sale.  (Ord. 460 § 1, Aug. 20th, 1992).