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HomeMy WebLinkAboutORDINANCE 1267-1988t. Y� Suggested by: Finance CITY OF KENAI ORDINANCE 1267-88 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA AMENDING KMC 17.25.010 TO PROVIDE FUR A NEW DATE OF APPLICATION OF PENALTY AND INTEREST ON DELINQUENT WATER AND SEWER BILLS. WHEREAS, the current City Code provides that penalty and interest should be applied to water and sewer bills if not paid by the 25th of the month, and WHEREAS, the volume of activity near the end of the month tends to delay issuance of utility bills, and WHEREAS, the City currently bills utility charges a month in arrears, allowing payment up to 25 days into the following month, and WHEREAS, the billing process would operate more efficiently by setting the delinquency date as of the 20th of the month to allow more timely distribution of utility bills. NOW THEREFORE BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that KMC 17.25.010 is hereby amended as follows 17.25.010 Pennaal_ty: Failure to pay a water and sewer bill for services in full by the (25TH] 20th day of the month, following the (FIRST DAY OF EACH] month for which services are billed shall result in a penalty charge on the amount due. In addition to such penalty, interest shall be charged. Such penalty charge and interest shall be computed as specified in KMC 1.75.010. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 15th day of June, 1988. OHNAAN, MAYOR ATTEST: rft Ruoteala, City Clerk First Reading: June 1, 1988 Second Reading: June 15, 1988 Effective Date: July 15, 1988 Approved by Finance: C j -- - (5 27 88) -- - - - jal I ti