All taxpayers subject to the payment of real property taxes
assessed by the Borough of Folcroft shall be entitled to a discount
of 2% from the amount of such tax upon making payment of the whole
amount thereof within two months after the date of the tax notice.
All taxpayers who shall fail to make payment of any such taxes charged
against them for four months after the date of the tax notice shall
be charged a penalty of 10%, which penalty shall be added to the taxes
by the Tax Collector and be collected by him.
The provisions of this article shall be effective for the taxes
assessed for the calendar year 1978 as well as all future calendar
years unless otherwise changed by Council.