[Adopted 3-18-2010 by L.L. No. 1-2010[1]]
[1]
Editor’s Note: This local law repealed L.L. No. 2-1995, adopted 8-7-1995 (Ch. 113 of the 1987 Code) and superseded the ordinance adopted 3-2-2010, which comprised former Art. VI, Delinquent Taxes.
The amount of interest to be added on all City real property taxes received after the interest-free period on all delinquent real property taxes shall be not less than 24% per annum, and 1/12 shall be added for each month or fraction thereof until such taxes are paid.