The period for payment of Borough of Edgewood real estate taxes
at discount shall be and the same is hereby fixed from the first day
of April to May 31 of each fiscal year.
The rate of discount to all taxpayers subject to the payment
of Borough of Edgewood real estate taxes upon making payment of the
whole amount thereof within the discount period shall be and the same
is hereby fixed at 2%.
The discount period and discount rate fixed herein shall remain
in force from year to year until again changed by ordinance of the
Council of the Borough of Edgewood.
The period of payment of Borough of Edgewood real estate taxes
at face shall be and same is hereby fixed from the first day of June
to July 31 of each fiscal year.
All such taxes not paid on or before July 31 of each fiscal
year shall be considered delinquent and shall be subject to a penalty
of 10%.