RESOLUTION 120-09

 

A RESOLUTION OF THE WEST MIFFLIN SANITARY SEWER MUNICIPAL AUTHORITY, ALLEGHENY COUNTY, PENNSYLVANIA INSTITUTING PENALTY AND INTEREST CHARGES ON DELINQUENT ACCOUNTS ON ALL NON-SEWER REVENUE BILLING OF THE AUTHORITY

 

NOW THEREFORE, be it resolved and it is hereby resolved as follows:

1. The Board of Directors of the West Mifflin Sanitary Sewer Municipal Authority hereby approves the charging of penalty and interest at the maximum rates set according to state law on all non-sewer accounts. All charges billed shall be payable on or before the due date shown on the invoice. After such due date, a penalty and interest shall accrue. Interest shall be computed for each day delinquent, and interest shall begin on the day after the due date. Computation of the delinquent charges shall be computed monthly; provided, if the due date falls on a non-business day or a holiday recognized by WMSSMA, then the due date shall be the next business day.

 

2. The Authority hereby establishes the initial rates as following:

a. Penalty 10% of the amount past due

b. Interest rate 10% per annum based on a 360 day year. Interest shall be computed for each day delinquent, and interest shall begin on the day after the due date.

The above rates can vary without future Board action, if applicable state law changes.

RESOLVED, this 6th day of August 2009.

 

ATTEST: WEST MIFFLIN SANITARY SEWER MUNICIPAL AUTHORITY:

 

Glenn Labosco, Secretary Richard M. Babjak, Chairman