[Adopted 1-5-1983 as Ord. No. N-1]
A discount of 5% of the tax assessed shall be permitted on all taxes paid to the Town Collector of Taxes on or before September 30 of each fiscal year.
A. 
The Town Tax Collector shall, if the taxes assessed have not been paid on or before September 30, add to the taxes to be paid thereafter a penalty of 1% per month, or any part thereof, until the same shall be paid.
B. 
In addition to the penalty set out in Subsection A hereof, a penalty of 5% shall be added on after the 30th day of September on the taxes due for the current tax year.
This Article shall apply only to those taxes assessed after enactment of this Article.