(A) The annual license tax required to be paid hereunder, shall be $7 for each motor vehicle. The City Clerk/Administrator is authorized, empowered and directed to collect the license tax provided herein, which tax shall be payable on and after January 1 in each year.
(B) If the license tax is not paid before April 1 in each year, there shall be added thereto a penalty of $10. It shall be the duty of each and every person so applying for the license on and after April 1 to pay the $10 penalty in addition to the tax, and the City Clerk/Administrator is directed and required hereby, to collect the same except as provided in § 70.43.
(1989 Code, § 70.32)