The compensation to be paid to the person holding
the office of Income Tax Officer established by Ord. No. A-733, passed
the fifth day of December, and approved the 10th day of December,
1966, for performance of all of the duties of that office, shall be
4% of the gross amount of all taxes, interest and penalties collected
by such officer and finally received by the Borough of Kane after
allowance for all credits, deductions or refunds authorized by Ord.
No. A-733 or by an Act of the General Assembly of the Commonwealth
of Pennsylvania of December 31st, 1965, being Act 511 of the 1965
Session of the General Assembly as hereafter amended or supplemented.