ORD NO 10-1975 CITY OF VAN BUREN, ARKANSAS
ORDINANCE No. 10 -1975
An Ordinance Amending Ordinance No. 30 -1974, As Amended, To
Provide a Penalty For Late Payment of Privilege License.
NOW, THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF VAN BUREN, ARKANSAS:
1. That Ordinance No. 30 -1974, as amended is further
amended to add a Section VII A, to wit:
SECTION VII A- LATE PAYMENT PENALTY:
After April 30th of each year any person, firm, individual or
corporation who have not paid the privilege license as provided
in SECTION III and SECTION VII, will be charged a penalty of 20%
of the privilege license each month said privilege license
remains unpaid until such penalty equals the amount of the privilege
license. That where the person, firm, individual or corporation
have elected, and paid, the first semiannual payment as provided
in Section VII of Ordinance 30 -1974, as amended, and have not paid
second payment by September 30, of each year a penalty of 20% on
the unpaid balance of the privilege license shall be charged each
month until such penalty equals the amount of the unpaid balance
of the privilege license.
2. If any section, sentence, subdivision or clause of this
ordinance is for any reason held invalid or to be unconstitutional,
such decision shall not affect the validity of the remaining
portions of the ordinance.
3. That due to the need to collect the privilege license as
due and payable, and emergency therefore is declared and the
Ordinance being necessary for the preservatio.n of the public peace,
health and safety shall be in full force and effect from and after
its passage, approval and publication.
PASSED AND APPROVED THIS 10th DAY OF March, 1975.
Mayor
ATTESTED:
(El, T�-
City Llerk