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Interest Charges on Overdue Accounts, #C-747A

 

CITY OF GRANDE PRAIRIE 

BY-LAW C-747A

A By-law of the City of Grande Prairie to
Authorize the Imposition of Interest Charges
on Overdue General Accounts.

WHEREAS, pursuant to the Municipal Government Act, R.S.A., 1980 Section 152, a Council by by-law may authorize the imposition of interest charges not exceeding one and one-half percent (1 1/2%) per month on general accounts payable to the Municipality that remain unpaid after 30 days from the date of the mailing of the account, and

WHEREAS the Municipal Council of the City of Grande Prairie deems it desirable and expedient to pass a by-law for the enactment of Section 152 of the Municipal Government Act, R.S.A., 1980 and amendments thereto

NOW THEREFORE THE MUNICIPAL COUNCIL OF THE CITY OF GRANDE PRAIRIE, IN THE PROVINCE OF ALBERTA, DULY ASSEMBLED, ENACTS AS FOLLOWS:

1. That the City of Grande Prairie impose an interest charge of one and one-half percent (1 1/2%) per month on general accounts payable to the City of Grande Prairie that remain unpaid after 30 days from the date of the mailing of the account.

2. By-law C-747 is hereby repealed.

3. This by-law shall come into effect on the date of final passing thereof.

READ a first time this 24th day of January , 1983 A.D.

"H. Impey" (Signed)
MAYOR

"L. Saunders" (Signed)
CITY CLERK

READ a second time this 24th day of January , 1983 A.D.

READ a third time and finally passed this 24th day of January , 1983 A.D.

"H. Impey" (Signed)
MAYOR

"L. Saunders" (Signed)
CITY CLERK