HomeMy WebLinkAbout94-08 Interest Charges for Payments/Financial Obligations to the CityORDINANCE NO. 94-1
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF COSTA MESA, .CALIFORNIA, ADDING SUBSECTION
(j) TO SECTION 2-153 OF THE COSTA MESA
MUNICIPAL CODE PERTAINING TO INTEREST CHARGES
FOR PAYMENTS OR FINANCIAL OBLIGATIONS TO THE
CITY OF COSTA MESA.
THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY ORDAIN
AS FOLLOWS:
Section 1. Subsection (j) is hereby added to Section 2-153
of the Costa Mesa Municipal Code to read as follows:
"(j) Impose and/or negotiate the payment of an interest
charge, at the highest rate allowed by California law, by
and from any person or entity for any financial
obligation due and payable to the City of Costa Mesa
pursuant to Federal, State, County or City statute,
ordinance, resolution, or regulation or court order or
contract."
Section 2. Publication.
This Ordinance shall take effect and be in full force and
effect thirty (30) days from and after its passage and, before the
expiration of fifteen (15) days after its passage, shall be
published once in the NEWPORT BEACH -COSTA MESA PILOT, a newspaper
of general circulation printed and published in the City of Costa
Mesa, or, in the alternative, the City Clerk may cause to be
published a summary of this Ordinance and a certified copy of .the
text of this Ordinance shall be posted in the -office of the City
Clerk five (5) days prior to the date of adoption of this
Ordinance, and within fifteen (15) days after adoption, the City
Clerk shall cause to be published the aforementioned summary and
shall post in the office of the City Clerk a certified copy of this
Ordinance together with the names of the members of the City
Council -voting for and against the same.
PASSED AND ADOPTED this /(o day of , 1994.
ATTEST:
C
Mayor of the City of Costa Mesa
APPROVED AS TO FORM:
au;v
City C rk of the City of Cost Mes City Attorney.
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF COSTA MESA )
I, MARY T. ELLIOTT, Deputy City Clerk and ex -officio clerk of
the City Council of the City of Costa Mesa, hereby certify that the
above and foregoing Ordinance No. 94- $ was introduced and
considered section by se tion at a regular meeting of said City
Council held on the ,;?/*Oday of 1994, and thereafter
passed and adopted as a whole at a r g lar meeting of said City
Council held on the //?L day of , 1994, by the
following roll call vote:
AYES: COUNCIL MEMBERS: G`EN(S, NUIhAUAgy� %IoQ,Jilac-4.6 bur-.eA,
NOES: COUNCIL MEMBERS:domg
ABSENT: COUNCIL MEMBERS: NpAIE
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
Seal of the City of Costa Mesa this day of 1994.
77
Deputy ity Clerk and ex -officio
Clerk the City Council of the
_ City of Costa Mesa
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