When the taxes and assessments or any portion thereof charged against any property or person on the duplicate for the current fiscal year are not paid before January 16 or 30 days after the mailing of tax notices, whichever occurs later, the Finance Director shall add a penalty of three percent (3%) on the tax duplicate and the Finance Director shall collect the penalty; and if the taxes and penalty are not paid before the second (2nd) day of the next February, an additional penalty of seven percent (7%) must be added by the Finance Director on the tax duplicate and collected by the Finance Director, and if the taxes and penalties are not paid before the 17th day of the next March, an additional penalty of five percent (5%)must be added by the Finance Director on the tax duplicate and collected by the Finance Director and the Finance Director shall issue his tax execution. The United States postmark is the determining date for mailed payments.
(Ord. passed 4-16-1986)