§ 9.9. [City taxes due.]

City taxes shall be due and payable on the 1st day of July of each year. To all taxes paid after August 14th, there shall be added a penalty as permitted by law, and to all taxes paid after said date, there shall be added interest at the rate of one percent for each month or fraction thereof between said date and the date of payment, or the first day of March of the next succeeding calendar year, whichever date shall occur first. The added penalties and interest herein provided shall belong to the City and shall constitute a charge and a lien against the property to which the taxes themselves apply, collectible in the same manner as the taxes to which they are added.