(A) The tax bill shall be due January 31, of the next year after it has been issued; thereafter, the bill shall be delinquent and subject to a penalty of 10% and interest of 12% per annum.
(B) The financial institution shall be allowed a 2% discount if the tax bill is paid by December 31 of the same year the tax bill is issued.
(C) The two percent 2% discount shall be allowed on bills paid by May 31, 1997, for the transitional year. All other bills during this year shall be due June 1, 1997; thereafter, the bill shall be delinquent and subject to a penalty of 10% and shall bear interest at the rate of 12% per annum.
(D) Boone County shall have a lien for taxes upon any and all property subject to the tax imposed by these sections, which lien shall be superior to all encumbrances prior or subsequent.
(Ord. 07-96-03, passed 7-30-96; Am. Ord. 10-96-01, passed 10-29-96)