175.11 PENALTIES ON UNPAID TAX.

   In addition to interest as provided in Section 175.10, penalties on the unpaid tax are hereby imposed as follows:

   (a)    For failure to timely pay taxes: one and one-half percent (1-1/2%) per month or fraction thereof or eighteen percent (18%), whichever is greater.

   (b)    Any penalty assessed hereunder shall be in the minimum amount of twenty-five dollars ($25.00).

      (Ord. 88-8. Passed 1-5-88.)