CCP 04-20-1993 - Laserfiche WebLink

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. hareof. The total prinai.pal SAC pa}'l!l8nt shall be paid 1n tive annual installments of $10,400.00, plus accrued interest thereon. The first principal SAC payment shall be due on the date hereof, and subsequent payments shall be due on the first day of Pebruary each year ther.a~t.r until the SAC cha~es, plus accrued inter8st- thereon, are paid in fUll. 3. RZapC~8IBI~ITY FOR PAYKXaT. 3.1 Landowner agrees that it shall be primarily responsible for the payment of the principal SAC charges and accrued interest tha:t"8on. Landowner shall make annual installment payments directly to ths !'!Wec. If the Landowner tails to make annual inBtall~ent payments, the city aqrees to make the payment to the MWCC or, in the alternative, the MWCC in its discretion and upon . written notice to the City may add the installment payment to the City'S annual sewer bill. 3.2 :tt the Oi ty is nq\4ired to IIlllke Clnnual instdlment payments to the MWCC, the City may, in it~ discretion, litter fourt.en days written notice to the Landowner and Landowner's failure to remit s~ch payment to the City or to the MWCC within 8uch fourteen day period, certify such annual installment payment as an assessment against the Property to the County for incl~sion on the subsequent year's tax roll. Such as.essment Ghall be levied on council Resolution without he~ring or further notice to the Landowner. The Assessment Re5olution shall direct the County to certity the annual in~tallmQnt, accrued interest thereon, a~ditional interest at the rat. ot B% par annum through Oecemner . 3