Adopt an interest rate of 7.5 % for a portion of FY'21 for the non-payment of taxes on real property with an assessed value over $250,000 for property owners adversely affected by COVID-19.

Resolution to adopt an interest rate of 7.5 percent for a portion of Fiscal Year 2021 for the non-payment of taxes on real property with an assessed value over $250,000 for property owners adversely affected by COVID-19 as authorized by the local law for the year 2020 as proposed in introduction number 1964-A.