(A) All bills unpaid on the first day of November, each year, shall be delinquent and shall be stamped by the City Treasurer with the word "delinquent" and shall be turned over to the City Clerk, together with a complete statement to the Board of Council of the total amount of the bills not collected. The City Clerk shall add to and enter upon each unpaid tax bill a penalty of 5% of the amount of the tax and shall redeliver to the City Treasurer said unpaid bills and take receipt therefor.
(B) The City Treasurer shall collect said unpaid bills with said 5% penalty added, and interest at the rate of 8% per annum until paid, on the amount of the tax.
(C) The City Treasurer shall make a full and complete settlement with the Board of Council and the Board of Education at the meetings of said respective Boards in January of all tax bills placed in his hands for collection for the previous year and furnish said Boards a list of delinquents and insolvents. He shall, at the first regular meeting of the Board of Council in January, deliver to the City Clerk all unpaid bills in his hands and the City Clerk shall add to and enter upon each of said bills an additional penalty of 10% of the amount of the tax, and shall redeliver said unpaid bills to the City Treasurer and take a receipt therefor. The City Treasurer shall then proceed to collect the said bills, with a total penalty of 15% of said taxes added thereto as hereinbefore provided, and interest from the first day of November of the previous year, until paid, until further directed by the Board of Council, and, as said amounts are collected, shall deposit them in the General Fund of the city to be apportioned and paid into the respective funds for which levied.
(D) There is hereby imposed, levied and ordered to be collected a penalty of 5% upon all taxes unpaid as of November 1 of the year when due, and an additional penalty of 10% making a total penalty of 15% upon all taxes unpaid as of January 1 of the following year, which shall bear interest at the rate of 8% per annum from November 1 of the year due, until paid. In the event that a delinquent tax bill is referred to the City Attorney for collection, legal action will be initiated to collect the delinquent tax, interest and penalty levied thereon, and the costs associated with collection, including but not limited to court costs, filing fees, and attorney fees.
(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; Am. Ord. O-24-2018, passed 9-17-18)