ALBERT C. RITCHIE, GOVERNOR. 351

from the southern boundary to the town north along Pitts-
burgh Avenue to Richmond Avenue, then to Bay Avenue, and
thence north to the northern boundary line, where such unim-
proved lots shall be found to constitute 75 per cent or more of
the total area within the block, shall be valued for taxation as
agricultural property and not as town lots; and further, pro-
vided, that lots entirely unsuited for building purposes shall
be held for purposes of taxation to have no value.

SEC. 22. And be it enacted, That the fiscal year shall begin
on the first day of July of each year and shall be known by the
name of the calendar year in which it begins.

SEC. 23. And be it enacted, That as soon as may be after
the 15th day of May following the passage of this Act and
after the 15th day of May in the year that a reassessment may
be deemed desirable, the Council shall appoint two or more
persons whose duty it shall be to make a new assessment or
revise the present assessment of all real property within the
corporate limits subject to taxation; such persons shall as soon
thereafter as practicable report to the Council the result of
their labors and the Council shall thereupon publish such as-
sessment by posting for at least ten days in at least five con-
spicuous places in said town, and by mailing a copy of the
same to such owner of realty so assessed at the last known ad-
dress of such owner or if the address be known by posting on
the premises assessed; such notice shall also apprise those
interested that all complaints and appeals in regard thereto
will be heard and determined by the Council sitting in regular
or special session at a place and time therein specifically stated,
which shall not be earlier than the 15th of June nor within ten
days of the posting or mailing of such notices.

SEC. 24. And be it enacted, That after the determination
of such appeals by a decision which shall be final, the Council
shall by ordinance on or before the 15th day of July in each
year adopt such assessment or modification thereof as the as-
sessment which shall apply until a new assessment or revision
be made under the provisions of this Act, and shall by ordi-
nances levy a tax for the fiscal year, which tax shall become
due immediately upon the levy thereof.

SEC. 25. And be it enacted, That if the taxes of any prop-
erty owner shall not be paid by the first day of January there
shall be added a penalty of one per centum thereof, and a like