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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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Interest rate for unpaid invoices related to land use application costs.

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Every document that mentions this number (1)

2018_ordinances.pdfp.2raw: 6% per year
PDF →Auto-extracted
Interest rate for unpaid invoices related to land use application costs.
The invoice shall be paid within 30 days of the date of the invoice. Invoices not paid within the 30 days of request for payment by the City shall accrue interest at the rate of 6% per year.
Reasoning: This is a rate, not a dollar, but is a financial figure related to late payment interest.