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AgdaPkt 2010-09-13
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AgdaPkt 2010-09-13
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Last modified
9/14/2010 2:25:04 PM
Creation date
9/9/2010 4:56:18 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
9/13/2010
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<br />7.A <br />Page 19 <br /> <br />the Bonds bear interest at a variable interest rate, or otherwise if, in the judgment of the <br />Director of Finance of the City, such means of collection will reduce the administrative <br />burden on the City in administering the District or is otherwise appropriate in the <br />circumstances. In such event, the special taxes shall become delinquent if not paid <br />when due as set forth in any such respective billing to the applicable property owners. <br /> <br />Section 7. If for any reason any portion of this Ordinance is found to be <br />invalid, or if the special tax is found inapplicable to any particular parcel within the <br />District, by a Court of competent jurisdiction, the balance of this Ordinance, and the <br />application of the special tax to the remaining parcels within the District shall not be <br />affected. <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />A TTY IORD/ORD.336 <br />090110 <br /> <br />3 <br />
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