Payments under a semiannual schedule are due as specified in <cite data-doc="Md. Code" data-path="gtp|10-204">State Tax-Property Article § 10-204</cite>.3. Each semiannual installment that has not been paid by the respective date allowed in <cite data-doc="Md. Code" data-path="gtp|10-204">State Tax-Property Article § 10-204</cite>.3 for its payment without interest shall bear, until paid:interest at the rate of 1% for each month and fraction of a month; and penalty at the rate of 1% for each month and fraction of a month. City Code, 1976/83, art. 28, §16B(g) - (i) Ord. 94-323 Ord. 03-534