(A) The current property owner is liable to pay any current or delinquent property taxes. All city ad valorem taxes shall become delinquent on November 1 following their due date be due October 31. If in the event October 31 falls on a Saturday, Sunday or legal holiday in which the city building is closed, then such taxes shall be due and payable on the next regular business day immediately after October 31, and shall become delinquent the day immediately following such regular business day.
(B) There will be a grace period until November 30 with no penalty and interest. Taxes paid during the first three days after they become delinquent will be assessed a 1% penalty after the November 30 grace period shall be subject to a penalty of 10% and shall bear 12% interest per annum (1% per month) 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.
(C) If the payment of ad valorem taxes is delivered by the United States mail to the City Clerk, the date of the United States postmark stamped on the cover in which the payment is mailed shall be deemed to be the date of payment.
('88 Code, § 38.03)
(D) If a property owner is unable to pay the full amount of the current year property tax bill by the grace period due to financial hardship, the property owner may apply for a payment plan of ten monthly payments. The affidavit for a hardship payment plan must be completed, signed and turned in with supporting documentation. If a hardship affidavit is completed and a payment plan contract is signed, then penalty and interest will be calculated as if payments were made on the date of the signed contract. Each property owner (includes joint ownership) is limited to three annual hardship payment plans.
(Ord. 1976-5, passed 3-15-76; Am. Ord. 1996-1, passed 3-4-96; Am. Ord. 1999-14, passed 10-4-99; Am. Ord. 2017-16, passed 8-21-17; Am. Ord. 2020-05, passed - -20)