The Village will endeavor to read each meter at regular intervals of six months. The Village reserves the right to alter said billing periods in the interest of economy and efficiency.
Bills shall become due and payable within the month indicated on the bill without penalty, and such payment shall be made to the Village Clerk.
There shall be charged a penalty on past due water rents at the rate of 5% thereof for the first month after the same shall become due and an additional charge of 1/2 of 1% for each month or fraction thereof thereafter until paid or included in the annual Village tax levy.
If such bill remains unpaid for a period of 60 days from the invoice date, water service shall be discontinued until such bill, together with penalties hereinbefore provided and together with the charge set forth in the schedule of rates established pursuant to § 195-29 to cover the expense of discontinuance and restoration of service, is paid.
Water rents and charges and penalties thereon shall be a lien upon the real property upon which the water is used and may be collected in accordance with § 11-1118 of the Village Law.