(A) All city taxes, except ad valorem taxes on motor vehicles, shall become delinquent on January 1 following their due dates.
(B) A two percent (2%) early payment discount shall be applied to any tax bill, except ad valorem taxes on motor vehicles, paid in full on or before November 15 of the year in which the tax first becomes due.
(C) Any taxes not paid by January 1 following their due date shall be subject to a penalty of 6% on the taxes due and unpaid. The delinquent taxpayer shall also pay all costs and expenses incidental to any action taken by the city for collection of the delinquent tax bill.
(D) Any taxes not paid by February 1 following their due date shall be subject to another 6% annual interest in addition to the 6% penalty imposed in division (B) above.
(E) Delinquent taxes shall be collectable under the provisions of the state law relating to the collection of delinquent taxes by cities of the fourth class.
(Ord. 9-86-1, passed 9-24-86; Am. Ord. 9-92-4, passed 9-14-92)