(a) The City Treasurer shall add a one percent charge, as a property tax administration fee, on all taxes, except City taxes, that become a lien in 1983 and all succeeding years thereafter.
(b) The City Treasurer shall add a late penalty charge, equal to three percent of such tax, upon all taxes paid after February 14 and before March 1, in addition to the one percent administration fee to the extent imposed on taxes paid before February 15.
(c) The late penalty charge shall be waived by the City for the homestead property of a senior citizen, paraplegic, quadriplegic, eligible serviceman, eligible veteran, eligible widow, totally and permanently disabled person, blind person, or a person who seeks a poverty tax exemption, as those persons are defined in Chapter 9 of Act No. 281 of the Public Acts of 1967, as amended, being M.C.L. 206.501 to 206.532, if the person makes a claim before February 15 for a credit for that property provided by Chapter 9 of Act No. 281 of the Public Acts of 1967, as amended, if he or she presents a copy of the form filed for that credit to the Treasurer, and if he or she has not received the credit before February 15.
(Res. 95-15. Passed 4-17-95.)