(A) Tax due plus penalty. If any electrical utility subject to this chapter fails to pay the taxes as provided herein, the full amount thereof shall be due and collected from each company, and the same, together with an addition of 10% of the amount of taxes due, shall be and is hereby declared to be a debt due and owing from such utility to the town.
(B) Payment due cumulative. If any officer, agent or manager of an electrical utility which is subject to the provisions of this chapter shall fail, neglect or refuse to file any statement required by this chapter within the time herein prescribed, such officer, agent or manager shall be subject to penalty as provided in § 1-4-1 of this code; provided, that each day after such statement becomes delinquent during which said officer, agent or manager shall so fail, neglect or refuse to file such statement, shall be considered a separate offense.
(Ord. 48(1978) § 4; 1997 Code)