[Amended 3-12-2007 by Ord. No. 07-03]
A. The Mayor is hereby authorized to establish periodic
payment tax accounts for the purpose of permitting eligible taxpayers
to make tax payments on a periodic basis.
B. The Mayor shall be authorized to enter into agreement
with any financial institution to create and administer the period
payment account and shall authorize the office of the Stratford Tax
Collector to withdraw funds for payment of personal property taxes
as such taxes become due.
The purpose of this article is to assist senior
citizens in the budgeting for the payment of real or personal property
taxes to the Town.
All Stratford taxpayers who meet the criteria
set forth herein are eligible to participate in this program, provided
such taxpayer does not owe past due taxes to the Town.
Any Stratford taxpayer owning real property,
and such person is over the age of 60, or such person has met applicable
federal regulations to receive permanent total disability benefits
under social security laws or such person is qualified for permanent
and total disability benefits under any state, local or federal government
retirement or disability plan is eligible to participate in this program.