§ 2.12.030. Metropolitan trustee to collect delinquent property taxes.

A.

Pursuant to Section 6-55-101(b), Tennessee Code Annotated, the metropolitan trustee is directed to collect real and personal property taxes or tax equivalents and all merchants' ad valorem taxes, including all such delinquent taxes and any interest and penalties thereon. It shall then be the duty of the metropolitan trustee to collect said delinquent taxes.

B.

The metropolitan trustee shall remit daily to the metropolitan treasurer, all taxes and penalty and interest collected under the provisions of this section, and furnish such reports, accounting, inventories, and other documentation consistent with generally accepted accounting procedures as may be required by the director of finance. The metropolitan trustee shall report the status of delinquent taxes filed for further legal action with the chancery court in a form approved by the director of finance.

C.

The metropolitan trustee shall not receive a commission or other compensation for receiving and paying over such taxes, penalty and interest collected pursuant to this section, nor for providing reports and accounting pursuant to this section.

(Ord. 96-299 § 1, 1996)