HomeMy WebLinkAboutItem #80 - First Reading Ordinanceb'»
40
C,
J-88-449
5/25/88
ORDINANCE NO.
AN ORDINANCE AMENDING SECTION 22-28, OF THE
CODE OF THE CITY OF MIAMI, FLORIDA, AS
AMENDED, TO PROVIDE THAT THE INTEREST CHARGE
ON DELINQUENT SOLID WASTE FEES SHALL BE AT A
RATE OF ONE (1.0%) PER CENT PER MONTH;
CONTAINING A REPEALER PROVISION AND A
SEVERABILITY CLAUSE.
WHEREAS, the City of Miami's delinquent solid waste billing
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system currently provides that delinquent solid was6 fees not
paid within sixty (6D) d8ys after the due ldkte shall bear a
penalty of six (6%) per cent, biannually, each year in March and
September, respeo4ivel7�; and {;
WHEREAS, changing the above r.Ate-of penalty on a biannual
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basis to A<n interest rate of one percent (1%) on a monthly basis
will resul� in a rate equiva.'ent to twelve (12%) per cent per
annum and this charge will be "in accord with the statutory rate
currently prevailing under Chapter 687, Florida Statutes, for
interest charges payable in the absence of a contract; and
WHEREAS, the herein rate of one (1%) per cent per month will
result in a reduction of interest charges to the owners and
operators of properties responsible for payment of such charges
and will simplify administration and collection of such changes;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE
CITY OF MIAMI, FLORIDA:
Section 1. Section 22-28(a) of the Code or the City of
Miami, Florida, as amended, is hereby amended in the following
particulars: .1/
Words and/or figures stricken through shall be deleted.
Underscored words and/or figues shall be added. The
remaining provisions are now in effect and remain unchanged.
Asterisks indicate omitted and unchanged material.
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