RESOLUTION 12-0716- 174
AUTHORIZING EXTENSION GRACE PERIOD ON TAX BILLS TO
AUGUST 17, 2012
WHEREAS, due to a delay in receiving the certified State Aid figures from the Division of Local Government Services, the County Board of Taxation was not able to strike the 2012 rate for the Borough of Somerville until July 12, 2012. This resulted in the delayed of printing and mailing of the Borough of Somerville 2012-2013 tax bills.
WHEREAS, the grace period for payment without interest on the 3rd quarter of 2012 tax payments due August 1st is usually 10 days, and
WHEREAS, the Borough of Somerville is required to provide a 25 day grace period from date of mailing.
NOW, THEREFORE, BE IT RESOLVED, that the Mayor and Council of the Borough of Somerville, County of Somerset, State of New Jersey do hereby grant an additional grace period through and including August 17, 2012. Interest on late payments—made after August 17, 2012—will be calculated from the due date of August 1, 2012.
Adopted by Borough Council on July 16, 2012