Establish that the interest rate be 3.25 % for the first quarter of FY'21 and 5 % for the remainder of FY'21 for non-payment of taxes on properties.

Resolution to establish that the interest rate be 3.25 percent for the first quarter of Fiscal Year 2021 and 5 percent for the remainder of Fiscal Year 2021 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.