A.
Municipal claims filed upon the assessment for amounts
remaining unpaid for improvements to real estate shall, upon filing,
have added thereto a penalty of five percent (5%) of the amount of
the claim.
B.
Municipal claims filed upon the failure to pay for
services rendered or provided shall, upon filing, have added thereto
a penalty of 10% of the amount of the claim.
C.
In addition, upon collection of any municipal claim,
there shall be added thereto interest on the claim and penalty at
the rate of 10% per annum from the date of the filing of the lien
or the completion of the work, whichever shall last occur; except
that, where a municipal claim is filed arising out of a project financed
by the issuance of township bonds, interest shall be collectible at
the rate of interest paid on the bonds, or at the rate of 12% per
annum, whichever is less.