The City Treasurer shall endorse said tax bills, and within ten days after receipt of same from the City Clerk, and upon the effective date of the annual ordinance setting the tax rates and ten days before October 1 of each year shall give notice by publication pursuant to KRS Chapter 424, in a qualified newspaper that the taxes for the current year are in his hands for collection and are due, and that in default of payment on or before November 1, a penalty of 5% of said taxes will be attached, and that in default of payment on or before January 1 of the following year, a penalty of 15% of said taxes shall be attached.
(Ord. O-14-90, passed 7-2-90; Am. Ord. O-17-91, passed 7-15-91; Am. Ord. O-11-92, passed 6-15-92; Am. Ord. O-12-93, passed 7-6-93; Am. Ord. O-10-94, passed 7-5-94; Am. Ord. O-19-95, passed 8-7-95; Am. Ord. O-14-00, passed 9-5-00; Am. Ord. O-22-2008, passed 9-22-08; Am. Ord. O-17-2009, passed 9-21-09)