19800520 1980-10ORDINANCE NO. _~~
AN ORDINANCE A~NDING AND REENACTING SECTION 8-2
OF THE CODE OF THE CITY OF FAIRFAX, VIRGINIA
INCREASING THE PENALTIES AND
RATE OF INTEREST ON REAL ESTATE TAXES.
BE IT ORDAINED by the City Council of the City of
Fairfax, Virginia, that Section 8-2 of Article I of Chapter
8 of the Code of the City of Fairfax, Virginia, be and it
hereby is amended and reenacted to read in its entirety as
fol lows:
"Sec. 8-2. Due date of real estate taxes; when
same deemed delinquent; penalty for failure
to pay taxes when due.
(a) All taxes assessed on real estate in the
city shall be due and payable to the city treasurer,
without discount, on or before June 5 of the year
in which assessed, but may be paid in two equal
installments, the first to be paid not later than
June 5 and the last installment not later than
December 5, but if the first installment of such
real estate tax is not paid on or before June 5,
the amount of such installment shall be delinquent
as of that date, and if the second installment is
not paid on or before December 5, the amount of
such second installment shall be delinquent as of
that date. Any payment made on real estate taxes
after a penalty has accrued on the first half
installment shall be applied first to the payment
of the first half installment.
(b) To all real estate taxes that may be
delinquent, there shall be added and collected as
a part thereof a penalty as follows: On the first
one-half installment, a penalty of ten percent
(10%), or the sum of ten dollars ($10), whichever
shall be the greater, if not paid on or before
June 5, and on the second one-half installment, a
penalty of ten percent (10%), or the sum of ten
dollars ($10), whichever shall be the greater, if
not paid on or before December 5. In addition to
such penalties, interest of ten percent (10%)
shall be due on such taxes and penalties from the
first day of the month following the month in
which such taxes are due to be paid as required by
subsection (a) above."
This ordinance shall become effective July 1, 1980.
1980-10
Introduced:
Adopt ed:
-2-
May 13, 1980
May 20, 1980
MAYOR
ATTEST:
CITY ~LERK
AUTHORITY: Virginia Code Sections 58-847 and 58-964.