(A) All taxes hereunder shall be due and payable pursuant to KRS 132.487 and the relative Kentucky Administrative Regulations. Those tax bills remaining unpaid shall be declared delinquent and shall bear interest at the rate of ten percent (10%) per annum, until paid.
(B) In addition, a penalty of ten percent (10%) of the amount of tax for general assessments shall be added to the bill and collected, being the penalty for nonpayment when due.
(Ord. passed 9-27-84)