[Adopted 1-12-1977 by Ord. No. 1438]
Pursuant to the provisions of Act No. 126 of 1976 of the General Assembly, effective January 12, 1977, all taxes levied by the Township of Ridley shall have the following discounts and penalties:
A. 
The discount of 2% from the amount of the taxes shall be accorded to the taxpayer upon making payment of the whole tax within two months after the date of the tax notice.
B. 
All taxpayers who shall fail to make payment of the taxes charged against them for a period of four months after the date of the tax notice shall be charged a penalty of 10%, which penalty shall be added to the tax by the Tax Collector and collected by him.
This article shall apply to all taxes levied and assessed by the Township of Ridley pursuant to the provisions of the First Class Township Code and the Local Tax Collection Law, being the Act of May 25, 1945, P.L. 1050, as amended.[1]
[1]
Editor's Note: See 72 P.S.§ 5511.1.