1969-04 Amending Chapter 3 Penalty and Interest for Personal PropertyKODIAK ISLAND BOROUGH
ORDINANCE NUMBER 69 -4 -0
AN ORDINANCE AMENDING CHAPTER 3, SUB- CHAPTER 2, SECTI.N
3 OF THE KODIAK ISLAND BOROUGH CODE OF ORDINANCES AND RESOLUTIONS
BY DELETING THE PROVISION FOR PENALTY AND INTEREST FOR FAILURE TO
FILE A PERSONAL PROPERTY RETURN WHERE SUCH PENALTY AND INTEREST
WOULD AMOUNT TO ONE DOLLAR ($1.00) OR LESS
BE IT ORDAINED by the Borough Assembly of the Kodiak
Island Borough as follows:
Section 1. Chapter 3, Sub- Chapter 2, Section 3 of th
Kodiak Island Borough Code of Ordinances and Resolutions be and
the same is hereby amended to read as follows:
ATTEST
"Section 3. Penalties.
Any person who fails, refuses or neglects to
file a personal property return in accordance
with Sections 1 and 2 of this sub- chapter shall
be liable for a penalty of ten per cent (10 %)
of the tax assessed against said personal property
as assessed by the Borough Assessor, in accordance
with Section 1 of this sub- chapter. Said person
shall pay interest at the rate of eight per cent
(8 %) per annum, exclusive of penalty, from the
due date until paid in full. In addition to the
foregoing remedies, any person failing to submit
a personal property tax return or additional
information in regard thereto shall be deemed
guilty of a misdemeanor, and upon conviction shall
be subject to imprisonment for a period of not more
than thirty (30) days and /or a fine of not more than
THREE HUNDRED and No /100ths ($300.00) DOLLARS.
This Section shall apply to all persons having per-
sonal property within the Kodiak Island Borough,
irrespective of residence. However, when such
penalty and interest amounts to ONE DOLLAR ($1.00)
or less there shall be assessed a minimum penalty
of ONE DOLLAR ($1.00).
Section 2. This ordinance shall become effective
thirty (30) days after the second reading, public hearing and
adoption date.
BY:
BY:
OROUGH CLERK
KODIAK ISLAND BOROUGH
A/_cs
CHAI
PRESIDING OFFICER
First Reading & Approval Date: February 6, 1969
Second Reading, Public Hearing & Passage Date: February" 20th, 1969
Effective Date: Mardi 20th, 1969