[Added 9-6-1994 by L.L. No. 12-1994; amended 8-5-2003 by L.L. No. 4-2003; 12-6-2005 by L.L. No. 6-2005[1]]
Notwithstanding any federal, state or other law, rule and regulation, including any provision of this title, all real property taxes due and owing to the City of Fulton shall be paid as follows:
A.
Taxes may be paid in two equal installments as follows: One-half of the tax due may be paid on or before February 28 without penalty and interest, and the remaining 1/2 of the tax due may be paid after February 28 at an interest rate of 1% per month, retroactive to January 1.
B.
If the taxpayer fails to make payment on the installment basis as set forth in § C240A above, the entire tax shall be due and payable on March 1 at an interest rate of 1% per month, retroactive to January 1, on the unpaid balance, up to a maximum of 12% per year.
D.
Administrative hearing. When all or any portion of real property taxes due is not paid on or before March 1, interest and penalties shall accrue at the rates specified in § C240A or B. The property owner is entitled to request relief from the interest and penalties by requesting an administrative hearing. The administrative hearing shall be held before the Clerk/Chamberlain, Mayor and the Audit/Finance and Budget Committee of the Common Council. Upon completion of the administrative hearing, the Audit/Finance and Budget Committee, by majority vote, is hereby authorized to waive the interest and penalties accrued, in the event that they determine the request for relief by the property owner is justified.
[Amended 12-1-2009 by L.L. No. 6-2009]
[1]
Editor's Note: This local law provided that it take effect 1-1-2006.