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HomeMy WebLinkAboutOrd1962-310 r- CITY OF SENARD, ALASKA ORDINANCE NO. 310 AN or DINA;\JCE Ar,;ENDIN} SECTION 7.110 OF THE CODE OF ORDINANCES, 5ELATI:~} TO TAX RATES AND PENALTY AND INTEREST FOR DELINQUJNT FAn~mHS. THE CITY OF SEv'lARD, ALASKA, ORDAINS: That Section 7.110 of the Seward General Code, be, and the same hereby is, amended to change the maximum penalty on delinquent taxes from 15/, to 10}6, in conformance with the provisions of Chapter 120, Session Laws of Alaska, 1961. This Section 7.110 is thus amended to read as follows: "See tion 7.110 Iax Ji.at~and_ DeJinquen~_ DateL Tax S ta t~ments _, PeD:9-1.!;.L and-1.I1~ere~!- The Council shall thereupon by resolution fix the rate of tax levy and designate the numoer of mills upon each dollar of assessed real and personal property that shall be levied, and shall levy said tax in accordance therewi th, and s :1all determine the date when taxes shall become delinquent. The Assessor shall then prepare and mail tax statements to the person or persons listed as the owner on the tax rolls. The taxpayer may be given the right to pay such taxes in two installments, and if tlle first half is not paid when due, the entire tax becomes delinquent and penalty and interest accrue as hereinafter provided. If the first half be paid when due, the second half of such taxes shall be payable on the due date fixed by the Council for suen second half, and if not paid, - 1 - r- , I I I I beK II JOSEPHSON IORNEYS AT LAW lTHAVEN.UE8UllOING IUITES 4, 5 &: 6 16 "H" STREET IHORAGE. ALASKA !OAOWAY 2.3242 QADWA.Y 7.0401 shall be delinquent after such date. A penalty of eight per centum (8%) shall be added to all taxes delinquent until the due date fixed for payment of such second half, and the interest at the rate of eight per centum (8%) per annum shall be charged on the whole of the unpaid taxes (pot including penalty) from due date until paid in full. After the due date for the payment of the second half, a total penalty of ten per centum (100,6) shall be added to all delin- quent taxes, and interest at the rate of eight per centum (8%) per annum shall accrue, as herein provided, upon all unpaid taxestnot including penalty) from due date until paid in full. or Publication of this Ordinance shall be by posting a copy hereof on the CITY HALL Bulletin Board for a period of ten (10) days following its passage and approval. First reading 15 December, 1961 Second reading - 5 January r 1962 Passed and approved by the City Council of the City of Seward, Alaska this 19th day of January, 1962. ;:/'It ty ~r2 4I;i/~ Perry R. Stockton, Mayor Attest: /"" &/ /z<. l. (~_.. /,. ?/'a- 0 Beatrice E. Watts Approved as to form: Howard W. Pollock City Attorney -2-