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.