A. The first payment of property taxes is due September 30. Should the first one-ha1f (1/2) of the total amount due not be paid on or before September 30, the entire amount of taxes owed shall immediately become due and payable. A penalty of 10 percent per annum and interest of eight percent per annum shall accrue.
B. The second payment and final payment of property taxes is due and payable on or before December 1. Failure to make the final payment shall cause penalty and interest to accrue from the due date of the second payment.
(Ord. 77-01 (part), 1977)