(A) Filing required. On or before March 31 of each even-numbered year, the owner of each parcel of property that is exempt under Wis. Stats. § 70.11, except as provided in Wis. Stats. § 70.337(7), shall file with the Village Administrator/Clerk the tax exemption report required under Wis. Stats. § 70.337(1).
(B) Income-producing property report. In addition to the report required under division (A) above, the owner of property that is exempt under Wis. Stats. § 70.11, except Wis. Stats. §§ 70.11(1) and 70.11(2), and was used in trade or business in the most recently ended taxable year shall file with the Village Administrator/Clerk, on or before March 15 of each year, the report required under Wis. Stats. § 70.339.
(C) Late filing notice; penalty. In the event the reports required under divisions (A) and (B) above are not timely filed, the Village Administrator/Clerk shall, by certified mail, notify the property owners as follows.
(1) The owners required to file the report under division (A) above shall file such report within 30 days, together with a $25 filing fee, and, if not so filed, the property shall be appraised either by the Village Assessor or a person hired by the village to conduct the appraisal. The cost of such appraisal will be charged to the property owner and, if not paid within 30 days, shall be placed on the tax roll as a charge for current services as provided in Wis. Stats. § 66.0627.
(2) The owners required to file the report under division (B) above shall file such report within 30 days, together with a $25 filing fee, and, if not so filed, the owner shall be subject to a forfeiture of $10 for each succeeding day the report is not received by the Village Administrator/Clerk, but not more than $500.
(Prior Code, § 3.10) (Ord. 101-94, passed 1-27-1994)