§ 5.04.191  PENALTIES.
   For failure to pay a license tax when due, the Director of Finance shall add as a penalty a percentage of the original license tax on the first day of each month after the due date, providing that the total penalty to be added shall in no event exceed 100% of the amount of the original license tax; the penalty schedule to be as follows:
First month   10%
Second month   25%
Third month   50%
Fourth month   75%
Fifth month   100%
and provided further that such penalty shall not be less than $5, or 10%, whichever is greater.
('86 Code, § 5.04.191) (Ord. 3962, passed  - - )