Municipal claims and tax liens — See 53 P.S. Chap. 25.
Validation and filing of liens for improvements — See 53 P.S. § 7440 et seq.
[Ord. 26-1982 § 1, passed 3-31-1982]
Interest at a rate of 10% per annum shall be collectible on all City liens from the date of the completion of the work after it is filed as a lien. Such liens shall consist of those arising from street openings, sidewalk and curb construction and repair, paving and sewer assessments, curb cuts and driveway openings.
[Ord. 26-1982 § 2, passed 3-31-1982]
After the effective date of this section, where the Municipal lien arises out of a Municipal project which required the issuance of bonds to finance the project, the interest shall be collectible on such claims at the rate of interest of the bond issue or at the rate of 12% per annum, whichever is less.
[Ord. 26-1982 § 3, passed 3-31-1982]
This article shall not affect the rate of interest as established by the City for late payment of water or sewer rental obligations.