The contractor shall annually certify all unpaid accounts to the city. In accordance with M.S. § 443.015, the city shall annually levy an assessment equal to all unpaid costs as of September 1 of each year, against each lot or parcel of land within the city for which charges are unpaid. The assessment shall include a penalty of 10% of the amount thereof and shall bear interest at a rate of 6% per annum. The assessments shall be certified to the County Auditor, and shall be collected and remitted to the city in same manner as assessments for local improvements. The city shall in turn remit the charges collected to the contractor, less the 10% penalty as provided, which shall be retained by the city.
(Ord. passed - -2018)