The property taxes of the Town of Putnam shall be due and payable
as follows:
A. Motor vehicle taxes shall be due and payable July 1, in full.
B. Real property taxes:
(1) Real property taxes of less than $100 shall be due and payable July
1, in full.
(2) Real property taxes of $100 or more shall be payable 50% July 1,
and 50% January 1, following.
C. Personal property taxes:
(1) Personal property taxes of less than $100 shall be payable July 1,
in full.
(2) Personal property taxes of $100 or more shall be payable 50% July
1, and 50% January 1, following.