(A) The city shall have a lien for taxes on the property assessed for taxes to the extent allowed under KRS 134.420.
(B) All taxes due in accordance with this subchapter which are not paid before June 30, 1997, for tax year 1996, or which are not paid before January 31 for all subsequent tax years shall be deemed delinquent and shall be subject to a penalty of eight percent (8%) per annum.
(Ord. 21:96, passed 9-9-96)