Sample Payment Plan Agreement Template - City Of Chandler printable pdf download

Sample Payment Plan Agreement Template - City Of Chandler

SAMPLE PAYMENT PLAN AGREEMENT

DATE

TAPAYER

NAME

ADDRESS

Chandler, AZ 85000

Payment Plan Agreement

Re:

License No.: 999999

This letter confirms the City of Chandler’s agreement with the above noted taxpayer, in which

they acknowledge their indebtedness to the City as specified below and promise to pay the

amount due in monthly installments as follows:

Payment Period:

___/___/___

through

___/___/___

Total Amount Due:

$_________.__ (includes penalties)

Payment Schedule:

______ (__) equal monthly installments of

$1_________.__with the first payment due

___/___/___, plus one (1) final payment of

approximately $_________.__ due ___/___?___.

The payment plan is contingent upon receipt of the signed payment plan agreement and a good

faith payment of $_________.00 due by ___________, 20____. This payment will be applied to

the total amount due listed above. Furthermore, in accordance with Chandler Tax Code Section

62-590, Civil Actions, a tax lien may be filed against any and all real and personal property

owned by the taxpayer in order to satisfy all amounts due.

Interest will continue to accrue on the outstanding tax balance. An estimated payment schedule

has been included for reference. Payments are applied toward the penalty first, interest second,

and then the tax balance. Be advised that penalties may be abated, but such consideration cannot

be taken until the completion of the payment plan agreement. Failure to comply with any

portion of this agreement may disallow any previously agreed upon penalty abatement.

The final payment cannot be calculated exactly at this time, as the interest rate will vary over the

course of the plan. Please contact us during the last month of the plan for the exact payoff

amount. Due to this uncertainty, the final payment is not due until the last business day of the

month.

Sample Payment Plan Agreement Template - City Of Chandler