[Adopted 3-4-1980 STM]
The property taxes of the Town of Putnam shall be due and payable as follows:
A. 
Motor vehicle taxes shall be due and payable July 1, in full.
B. 
Real property taxes:
(1) 
Real property taxes of less than $100 shall be due and payable July 1, in full.
(2) 
Real property taxes of $100 or more shall be payable 50% July 1, and 50% January 1, following.
C. 
Personal property taxes:
(1) 
Personal property taxes of less than $100 shall be payable July 1, in full.
(2) 
Personal property taxes of $100 or more shall be payable 50% July 1, and 50% January 1, following.