The Town Manager is authorized to enter into agreements with respect to any unpaid Town tax bill, including any penalties and interest, to provide for the payment of the amounts due by installments. All such arrangements shall be subject to the provisions of this Article
IV.
Any tax payment installment agreement authorized
by this article should contain the following provisions:
A. The owner of the property from which taxes are due
shall guarantee the payment of the total amounts to be paid, including
any attorneys' fees, in the event of default;
B. In the event of default in the payment of any installment
due under the tax payment installment agreement, the total amount
provided for in that agreement, together with attorneys' fees in the
amount of 10% of the total amount due, shall become due immediately
if the default is not cured within 30 days of the date any installment
is not paid on the date it is due;
C. The amounts due shall include all penalties and interest
up to the date of the agreement and shall also include per-annum interest
on the total amount due, computed on the basis of the amortized amount
outstanding and at the rate provided by 6 Del. C. § 2301;
D. The installments shall be calculated so as to provide
for full payment of all amounts due within 36 months of the date of
the tax payment installment agreement; and
E. The installments shall be due and payable without
any further notice or demand by the Town of Elsmere on the dates provided
for in the agreement.
[Amended 3-8-2012 by Ord. No. 545]
A. Any person
who applies for a tax payment installment agreement shall be eligible
to enter into such an agreement upon the payment of an application
fee of $100. Any person paying this fee who completes the plan he
or she entered into without failing to meet any of the terms or conditions
of that plan shall have the option to have his or her application
fee returned or to have his or her application fee applied towards
his or her final payments; and
B. The Town
Manager may waive the payment of this fee at the time the application
is made; however, if the applicant fails to meet any of the terms
or conditions of that plan, the application fee shall be added to
the total amount due.
This article shall be effective immediately
upon adoption.