27-1433 – Waiver of Interest or Penalties or Other Charges on Brownfield Properties.

§ 27-1433. Waiver   of   interest  or  penalties  or  other  charges  on
           brownfield properties.
Notwithstanding any provision of law to the  contrary,  the  governing
  body  of  any tax district shall be authorized, by resolution, to permit
  the enforcing officer to effect the cancellation in whole or in part  of
  any  interest,  penalties  or  other charges on real property where such
  real property is subject  to  the  brownfield  site  clean-up  agreement
  entered  into  by a volunteer pursuant to section 27-1409 of this title.
  Provided, however, that in cases  where  such  interest,  penalties,  or
  other  charges,  if  collected  by a tax district, belong to a municipal
  corporation within such tax district, no reduction or remission in whole
  or in part of such interest, penalties, or other charges shall  be  made
  without the consent of the municipal corporation affected, which consent
  may  be  given  by resolution adopted after a public hearing. Failure of
  such real property to receive a certificate of  completion  pursuant  to
  section 27-1419 of this title or revocation of such certificate shall be
  grounds  for revocation of any waiver of interest, penalties, or charges
  granted pursuant to this section.