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An independent project organizing public records from the City of Nowthen, Minnesota. Not an official city site. Documents and votes are sourced from cityofnowthen.gov; interpretations are AI-extracted and may need correction.

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Cluster · rate · no year

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Interest rate charged on past due balances for building official services invoices.

Not promoted to the official baseline.

This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.

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1docs

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Date range

2024-02-13 — 2024-02-13

Every document that mentions this number (1)

Meeting City Council Meeting — Agenda Packet (2024-02-13)Feb 13, 2024p.4raw: 1.0% per month
PDF →Auto-extracted
Interest rate charged on past due balances for building official services invoices.
Invoices shall be submitted periodically (customarily on a monthly basis) and are due and payable within thirty-five (35) days of receipt by the Jurisdiction. Past due balances may accrue interest at a rate of 1.0% per month (or the maximum rate of interest permitted by law, if less).
Reasoning: This is a rate, not a dollar amount.