Establish that the interest rate be 9% per annum for FY'09 for non-payment of taxes on properties with an assessed value of not more than eighty thousand dollars ($80,000), or not more than eighty thousand dollars ($80,000) per residential unit.

Resolution to establish that the interest rate be 9% per annum for Fiscal Year 2009 for non-payment of taxes on properties with an assessed value of not more than eighty thousand dollars ($80,000), or not more than eighty thousand dollars ($80,000) per residential unit for cooperative apartments.