Any fees, charges or sums due the Town of Macedon by any person, firm, corporation, association or other organization for which penalties and/or interest for late or nonpayment are not otherwise prescribed shall be subject to the following penalty and interest charges:
A.
Penalty of 5% of the amount due after 30 days of due date. The due date shall be that set by local law, regulation or ordinance or, if there is none, 30 days after invoice.
B.
Interest at the rate of 12% per annum upon the amount due after 30 days of due date. The due date shall be that set by local law, regulations or ordinance or, if there is none, 30 days after invoice.