[HISTORY: Adopted by the Board of Supervisors
of the Township of Pocopson as indicated in article histories. Amendments
noted where applicable.]
[Adopted 3-8-1982 by Ord. No. 3-1982]
The interest to be charged with municipal liens
and claims filed by it shall be 10% per annum, to be computed in accordance
with Section 9, Act of May 16, 1923 (P.L. 207), referred to as the
Municipal Claim and Tax Lien Law, as amended, 53 P.S. § 7143;
provided, however, that after the effective date of this article,
where municipal claims or liens are filed arising out of a Township
project which requires the Township to issue bonds to finance the
project, interest shall be collectable on such liens or claims at
the rate of interest of the bond issue or at the rate of 12% per annum,
whichever is less.
