Real Estate Taxes, Water and Sewer Rents

Resolution to establish that the interest rate to be charge for Fiscal Year 2000 for non-payment of wate rents and sewer rents be 18% per annum for any parcel where the annual real estate tax is more than $2,750 or where the real estate taxes are held in escrow and paid to the Commissioner of Finance by a mortgage escrow agent per or where the parcel consists fo vacant for unimproved land; and 9% per annum in all other cases.