(a) Application. Unless otherwise specified, an application for the renewal of an existing license or permit shall be made prior to the expiration date of the license or permit and shall be made in such form as the
may require.
(b) Penalties. Where a licensee makes application for the renewal of a current license and pays the required fee to the city on or before the last day of the current license year, the licensee is authorized to operate the licensed business until such time as the license is either renewed or denied. When a licensee fails to submit an application for a renewal or to pay the required fee on or before the last day of the license year, the license may be renewed only upon payment of the required license fee and a penalty fee, applied as follows: a penalty equal to 10% of the original license fee shall be applied to a license on the first day of the second month following the expiration date of the license; a penalty equal to 20% of the original license fee shall be applied to a license on the first day of the third month following the expiration date of the license; and a penalty equal to 30% of the original license fee shall be applied to a license on the first day of the fourth month following the expiration date of the license.
(c) Interest. No interest shall be charged by the city in addition to the penalties herein described.
(1958 Code, § 125.08) (Added by Ord. 67-67, passed 12-18-1957; Ord. 74-93, passed 11-18-1974, renumbered § 125.10; Ord. 80-55, passed 12-15-1980; deleted by Ord. 87-77, passed 10-16-1987; Ord. 94-5, passed 1-24-1994; recodified by Ord. 95-13, passed 8-7-1995)