§ 745.10 PENALTY FOR DEFAULT.
   A tax due and unpaid under this article shall be a debt due the town. It shall be a personal obligation of the taxpayer and shall be a lien upon all property used in the business or occupation upon which such tax is imposed; provided that, no such tax lien shall be enforceable against a purchaser, including a lien creditor, for valuable consideration without notice, unless docketed in the office of the Clerk of the County Court before a deed therefor to such purchaser or the lien of such creditor is delivered for record to the Clerk of the County Court. A penalty of 5% of the tax shall be added for any default for 30 days or less and, for each succeeding 30 days elapsing before payment, there shall be an additional penalty of 1%, all of which penalties shall be secured by the lien herein provided; provided, however, that, if such failure is due to reasonable cause, the Recorder may waive or remit in whole or in part these penalties.
(Ord. passed 6-30-1971; Ord. 1990-05, passed 6-12-1990)