The council shall thereupon by resolution fix the rate of tax levy and designate the number of mills upon each dollar of assessed real and personal property that shall be levied and shall levy the tax in accordance therewith. The assessor shall then prepare and mail tax statements to the person or persons listed as the owner on the tax rolls. After the due date for the payment of taxes, a penalty of 10 percent shall be added to all delinquent taxes, and interest at the rate of eight percent per annum shall accrue, as herein provided, upon all unpaid taxes (not including penalty) from due date until paid in full. (Ord. 77-01 (part), 1977)