(A) There shall be an ad valorem tax each year on all property situated in the city, said tax to be due December 31 and delinquent January 1. All taxes which remain unpaid at the time they become delinquent shall be subject to a 10% penalty and a 12% per annum interest. The assessment of all property, real and personal, in the city, as made by the County Tax Commissioner, is hereby adopted as the assessment on the property for the city for the purpose of this tax and the city assessment list shall be made from the County Tax Commissioner’s Assessment list, after it has been supervised and corrected by the County Board of Equalization. The tax herein shall be collected by the City Clerk.
(B) The rate of taxation for the city for each year shall be determined by the City Council for each $100 of assessed valuation for real estate, a rate for each $100 of assessed valuation of motor vehicle and a rate for each $100 of assessed valuation for other personal property. Waste collection charges shall be included on the real estate tax bill. All of the amount shall be, and is, hereby taxed for the General Fund of the city.
(C) The taxes herein shall be collected by the City Clerk.
(D) A lien is hereby created against all property in the city to secure payment of the ad valorem tax provided herein. The lien shall exist and shall be enforceable for a period of 11 years from the date of assessment and shall not, during such period, be defeated or cease to exist except by the payment of the tax. Payment of the tax shall satisfy the lien and shall release and discharge the property concerned therefrom.
(2005 Code, § 37.05) (Ord. 94-1201, passed 12-16-1994; Ord. 95-1001, passed 10-16-1995; Ord. 96-10-01, passed 10-8-1996, Ord. 05-09-01, passed 10-4-2005; Ord. 06-10-01, passed 10-9-2006; Ord. 07-09-02, passed 10-2-2007; Ord. 09-10-01, passed 11-3-2009; Ord. 10-09-01, passed 10-12-2010; Ord. 11-09-01, passed 10-4-2011; Ord. 12-09-02, passed 10-2-2012; Ord. 13-08-01, passed 9-5-2013; Ord. 15-09-02, passed 10-1-2015; Ord. 14-09-02, passed 10-2-2014; Ord. 16-10-01, passed 11-3-2016; Ord. 17-09-01, passed 10-5-2017; Ord. 19-0902, passed 11-7-2019; Ord. 21-0901, passed 10-7-2021; Ord. 22-0901, passed 10-6-2022; Ord. 23-0901, passed 10-5-2023)