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19661101 1996-12ORDINANCE NO. 1966-12 AN ORDINANCE PROVIDING FOR THE AMENDMENT OF SECTION 7-3 OF THE CITY CODE OF FAIRFAX, VIRGINIA, AND ESTABLISHING THE DUE DATE OF PERSONAL PROPERTY TAXES, THE DUE DATE OF RETURNS FOR THE SAME AND PENALTIES FOR THE FAILURE TO PAY PERSONAL PROPERTY TAXES AND FOR FAILURE TO FILE RETURNS. THE CITY COUNCIL HEREBY ORDAINS: Section 7-3 of the City Code of the City of Fairfax is hereby amended to read as follows: 1. All taxes on tangible personal property shall be due and payable on the fifth day of December in the year assessed and shall be subject to a penalty of five (5) per cent if not paid on or by that date. Every person owning tangible personal property subject to taxation shall file a return with the Commissioner of the Revenue declaring the same on or before the first day in May in the year in which said property is subject to taxation by the City of Fairfax. For the failure to file timely such a return the Commis- sioner of the Revenue shall assess a penalty of ten (10) per cent of the amount of the tax otherwise assessed or two ($2.00) dollars, whichever is greater. Said penalty for late filing shall be due and payable at the time that the tax assessed is due and payable; and if not paid at that time, an additional penalty thereon of five (5) per cent shall be imposed. 2. Whenever December fifth or May first falls on a Satur- day or Sunday the time for payment of a tax or filing of a return required hereby shall be extended to the Monday immediately following. 3. In any case where the tax due on a single return does not exceed one ($1.00) dollar the same shall not be assessed by the Commissioner of the Revenue. 4. The present provisions of Section 7-3 of the Code of the City of Fairfax are hereby repealed. This Ordinance shall become effective immediately upon Se its adoption. 6. Should any penalty provided by this Ordinance be de- clared unlawful or void all remaining provisions of this Ordinance shall stand in full force and effect. ADOPTED this first day of APPROVED: ATTEST: City ~Clerk November , 1966. Mayor - 2 -