Establish that the interest rate be (6%) per annum for FY'18 for non-payment of taxes on properties with an assessed value of not more than $250,000, or not more than $250,000 per residential unit for co-op apartments.

Resolution to establish that the interest rate be six percent (6%) per annum for Fiscal Year 2018 for non-payment of taxes on properties with an assessed value of not more than $250,000, or not more than $250,000 per residential unit for cooperative apartments.