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Ordinance 1350ORDINANCE NO. l.a AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, RELATING TO THE FORECLOSURE OF LOCAL IMPROVEMENT DISTRICT ASSESSMENTS; PROVIDING THAT UPON THE FAILURE TO PAY ANY TWO INSTALLMENTS DUE THE ENTIRE ASSESSMENT SHALL BECOME DUE AND PAYABLE; AND PRO- VIDING THAT FORECLOSURE PROCEEDINGS BE COMMENCED ON OR BEFORE APRIL 1, OF THE YEAR OF FORECLOSURE; MENDING SECTION 7.04.050 OF THE EDMONDS CITY CODE AND ADDING A NEW SECTION, SECTION 7.04.055 TO THE EDMONDS CITY CODE. THE CITY COUNCIL OF THE CITY OF EDMONDSa WASHINGTON DO ORDAIN AS FOLLOWS: Section 1. Section 7.04.050 of the Edmonds City Code is hereby amended to read as follows: "Section 7.04.050 Delinquent Assessments - Accelleration of Installments Due. When any assess- ment has become delinquent it shall be the duty of the City Treasurer to make and file with the City Clerk a statement of all such delinquencies. If on the first day of January in any year,, two installments of any local improvement assessment are delinquent, then all installments shall at that time become due any payable and the collection thereof enforced by foreclosure. Section 2. A new Section, Section 7.04.055, is hereby added to the Edmonds City Code: "Section 7.04.055 Commencement of Proceedings. If on the first day of January in any year, two in- stallments of7any local improvement assessment are delinquent, or if the final installment thereof has been delinquent for more than one year, foreclosure proceedings shall be commenced on or before April 1, of that year. APPROVED: rWRY! 111111 "I ATTEST: CITY CLERK PASSED BY THE CITY COUNCIL: February 20, 1968 FILED WITH THE CITY CLERK: February 20, 1968 PUBLISHED: February 28, 1968 36