AN ACT RELATIVE TO INTEREST RATES TO BE CHARGED UPON APPORTIONED BETTERMENT ASSESSMENTS IN THE TOWN OF WAREHAM.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same as follows:
SECTION 1. Notwithstanding any general or special law to the contrary, the town of Wareham, with respect to betterment assessments for projects assessed after the effective date of this act, may assess interest on betterment assessments at the rate of interest set by the town by by-law or by vote with respect to a particular project; provided, however, that no such rate shall exceed the rates authorized in section 13 of chapter 80 of the General Laws; and provided further, that if the town does not elect to set lower rates as authorized in this act, the town shall charge interest at the rates authorized in said section 13 of said chapter 80.
SECTION 2. This act shall take effect upon its passage.
Approved July 26, 2010