[Ord. 276, 12/13/1976]
1. 
All taxpayers who shall fail to make payment of any taxes charged against them by the Borough of Akron pursuant to the Act of May 25, 1945 (P. L. 1050, No. 394), known as the "Local Tax Collection Law" for four months after the date of the tax notice forwarded to such taxpayers, shall be charged a penalty of 10%, which penalty shall be added to the taxes by the Tax Collector and be collected by him.
2. 
All taxpayers subject to the payment of taxes assessed by the Borough of Akron pursuant to the Local Tax Collection Law 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.