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(A) Payment schedule. The city shall establish a payment schedule whereby sewer charges collected by the city shall be billed and paid monthly.
(B) Late charges. If the bill for sewer services is not paid by the fifteenth day of the month a penalty of 10% will be added, with a minimum penalty of $.10 for any one bill. If the fifteenth day of the month falls on a Saturday, Sunday or holiday, bills may be paid without penalty on the next business day.