THE 2008 INSTALLMENT
PAYMENT SCHEDULE SHALL BE AS FOLLOWS: |
| |
| 1st Installment
Payment: |
 |
One quarter of the total estimated
taxes discounted 6%. Payment shall be made not later
than June 30, 2008. A taxpayer must make the first
installment payment in order to participate in this
plan. |
| |
| 2nd Installment
Payment: |
|
One quarter of the total estimated
taxes discounted 4 1/2%. Payment shall be made not
later than September 30, 2008. No discount shall
be allowed after September 30, 2008. |
| |
| 3rd Installment Payment: |
|
One quarter of the total estimated
taxes plus one-half of any adjustment pursuant to
a determination of actual tax liability discounted
3%. Payment shall be made not later than December
31, 2008. No discount shall be allowed after December
31, 2008. |
| |
| 4th Installment Payment: |
|
One quarter of the total estimated
taxes plus one-half of any adjustment pursuant to
a determination of actual tax liability with no
discount. Payment shall be made not later than March
31, 2009. Interest shall apply after March 31, 2009. |