§ 12-42. Method of payment.

An approved plan and the yearly amounts due will be entered on the secured tax roll and collected along with the current taxes levied on the property for each respective year. The current tax roll and tax will be adjusted immediately to reflect the first installment due when approved prior to January 1 of the current fiscal year. All provisions of law relative to current taxes shall apply to tax installments entered on the tax roll. If the installment, along with current taxes due, is not paid by the April 10 delinquency date, the total unpaid installment tax amount will be transferred to the current secured tax roll and become subject to the same penalties required of current delinquent taxes.

(Ord. No. 1912 § 1.)