No penalty shall be charged for special assessments paid on or before September 15. After September 15, a 4% tax administration fee shall be added to special assessments paid after that date. Should September 15 fall on a Saturday, Sunday, or holiday, the next business day for the city shall be considered the last day for payment without penalty. Special assessments remaining unpaid after September 15 shall be subject to 1% interest per calendar month or any part of a calendar month added until paid. Such charges belong to the city and constitute a charge, and shall be a lien against the property to which the special assessments apply, collectible in the same manner as special assessments which they are added. If summer taxes are collected by the city, collection shall be in accordance with the provisions of Public Acts 333 of 1982, as amended.
(2011 Code, § 3.04.130) (Ord. 169, passed - -1992)