§ 5.17.240. Late payments.

Latest version.

In the event a state franchise holder fails to make payments required by this chapter on or before the due dates specified in this chapter, the city shall impose a late charge at the rate per year equal to the highest prime lending rate during the period of delinquency, plus one percent.

(Ord. 12819 § 1 (part), 2007)

                    
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