(A) The city will issue tax bills to financial institutions no later than December 1 of each year. Payment of the tax shall be due with a two percent (2%) discount by December 31 of each year, or without the discount by January 31 of each year.
(B) All taxes imposed by this chapter which are not paid before January 31 shall be deemed delinquent and shall be subject to a penalty of six percent (6%) and shall bear interest at the rate of six percent (6%) per annum.
(Ord. 96-6, passed 7-15-96; Am. Ord. 97.13, passed 10-6-97; Am. Ord. 2005-7, passed 9-19-05; Am. Ord. 2006-13, passed 9-18-06; Am. Ord. 2007-7, passed 9-4-07; Am. Ord. 2008-10, passed 9-29-08; Am. Ord. 2009-08, passed 9-8-09; Am. Ord. 2010-12, passed 10-4-10; Am. Ord. 2011-11, passed 10-3-11; Am. Ord. 2012-07, passed 8-20-12; Am. Ord. 2013-10, passed 9-16-13; Am. Ord. 2014-08, passed 9-29-14; Am. Ord. 2015-08, passed 9-25-15; Am. Ord. 2016-13, passed 9-29-16; Am. Ord. 2017-13, passed 9-18-17; Am. Ord. 2018-18, passed 9-21-18; Am. Ord. 2020-16, passed 9-21-20; Am. Ord. 2021-09, passed 9-20-21; Am. Ord. 2022-06, passed 9-22-22; Am. Ord. 2023-21, passed 9-5-23)