If the Transient Lodging Tax is not paid on or before five o'clock (5:00) P.M. on the fifteenth day of the month in which it becomes due, or if such day falls on a Saturday, Sunday or legal holiday, by five o'clock (5:00) P.M. on the next succeeding day not a Saturday, Sunday or legal holiday, then the licensee shall pay a penalty of ten percent (10%) of the unpaid, due and delinquent Transient Lodging Tax, and the licensee shall also pay the costs of collection of the tax, penalty, court costs and attorney fees. In addition, the licensee shall pay interest on the amount due at the rate of 1.5 percent per month from the date on which the tax became due until the date of payment. If payment of the Transient Lodging Tax is not received within sixty (60) calendar days following the fifteenth day of the month when due, the City may thereafter place a lien on the property upon which the transient lodging rental business is located in the manner set forth in Nevada Revised Statutes 268.095, as amended. If payment of the Transient Lodging Tax is not received within seventy (70) calendar days following the fifteenth day of the month when due, the City may terminate, suspend or revoke the transient lodging rental business's business license in the manner outlined in section 4-1-14 of this title. (Ord. 832, 6-26-2018)