Lyndhurst City Zoning Code

§ 21-21.6

Interest Accruing on Unpaid Relocation Costs.

[Ord. No. 2621, § 1; Ord. No. 2762, § 2]

In the event that the relocation costs to be paid to the Township with regard to any parcel of real property shall not be paid within 10 days after the due date, interest shall accrue and be due to the Township on the unpaid balance at the rate of 18% per annum until the costs, and the interest thereon, shall be fully paid to the Township.

Lyndhurst City Zoning Code

§ 21-21.6

Interest Accruing on Unpaid Relocation Costs.

[Ord. No. 2621, § 1; Ord. No. 2762, § 2]

In the event that the relocation costs to be paid to the Township with regard to any parcel of real property shall not be paid within 10 days after the due date, interest shall accrue and be due to the Township on the unpaid balance at the rate of 18% per annum until the costs, and the interest thereon, shall be fully paid to the Township.