All taxes imposed by this chapter shall be collectable, together with any interest and penalties thereon, by suit, as other debts of like amount are recoverable.
The Tax Director is authorized, in addition to other duties, to institute civil law suits to collect delinquent taxes due and owing the Village by virtue of the provisions of this chapter. The Tax Director is authorized to waive penalties and interest and compromise tax liability and the right to accept waiver of State statutes of limitations.