[Adopted 8-9-1977 by Ord. No. 5-77
as Part 3, Art. 381 of the 1977 Code]
The city hereby elects to become subject to
the provisions of the County Assessment Law, Act of November 24, 1967
(P.L. 520, § 1, 72 P.S. § 5350j).
The city hereby adopts a predetermined ratio
of 100% of each dollar of market value, which is different from that
used by the county.
[Added 10-17-1981 by Ord. No. 4-81]
A.
Discount. On and after January 1, 1982, all taxpayers
subject to the payment of taxes assessed by and in the City of New
Kensington shall be entitled to a discount of 2% from the amount of
such tax, after the date of the tax notice.
B.
Penalty. All taxpayers subject to the payment of taxes
assessed by the City of New Kensington who shall fail to make payment
of any such taxes charged against them for four months after the date
of the tax notice shall be charged a penalty of 10%, which penalty
shall be added to the taxes by the Tax Collector and shall be collected
by him.[1]
[1]
Editor's Note: Former Article VII, Exemption
for Certain Deteriorated Property, adopted 1-13-1998 by Ord. No. 8-97,
pertaining to a LERTA tax exemption for residential properties, was
repealed 3-11-2002 by Ord. No. 3-02. And former Art. VII, Commercial,
Industrial and Business LERTA Tax Exemption, adopted 12-10-1996 by Ord. No.
2-96, as amended, which immediately followed this
section, terminated on December 10, 2006.
