14.02.160 - ENFORCEMENT OF LATECOMER OBLIGATIONS
A. In processing and imposing obligations in this chapter for reimbursement of developers, the city in no way guarantees payment of assessments by latecomers, or enforceability of assessments, or enforceability of the Developer Reimbursement Agreement, or the amount(s) thereof against such persons or property. Nor will the offices or finances of the City be used for enforcement or collection of latecomer obligations beyond those duties specifically undertaken by the City herein. It shall be the obligations of a developer to take whatever authorized means are available to enforce payment of latecomer assessments; and, developers are hereby authorized to take such actions. The City shall not be responsible for locating any beneficiary or survivor entitled to any benefits by or through a Developer Reimbursement Agreement. B. Any funds collected under this Chapter that are unclaimed by developers after 3 years from the expiration of the Developer Reimbursement Agreement shall be returned to the parties making payment to the City, if they may be reasonably found and minus any reasonable administrative processing costs. Any undeliverable funds shall inure to the benefit of the City. [Ord. 2004-01-003 §10; Ord. 10906 §2, 1997]
