[Adopted 5-12-1987 by Ord. No. 420[1]]
[1]
Editor's Note: This ordinance also cited § 14-702
of the Tax-Property Article of the Annotated Code of Maryland as its
authority and provided that it shall be effective January 1, 1988,
on all taxes in default on January 1, 1988.
Taxes levied pursuant to §§ C6-13 et seq. of the Charter which are in default on the first day of January after they are first due and payable shall bear a penalty at the rate of 1% per month for every month or fraction of a month the payment shall remain in default, which penalty shall be collected and paid at the same time and in the same manner as the taxes and accrued interest.
