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§ 3.44.040 — Prepayment premiums

Riverside Municipal Code (Supp. No. 33: codified through Ordinance No. 7776, enacted June 23, 2026) · Riverside Municipal Code § 3.44.040

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3.44.040 - Prepayment premiums.

In any proceedings leading to the issuance of bonds pursuant to the 1915 Act, the City Council may provide for premiums payable by property owners upon the prepayment of assessments in amounts other than that authorized therein and correspondingly provide that the bonds called in connection therewith be redeemable upon payment of such premium.

(Ord. 5295 § 1, 1985)