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(A) All license and permit fees except Class T-2 license may be paid in two installments of 50% each. The first installment to be paid on or before the first day of July and the second installment to be paid on or before the first day of January of the following year. In the event that a payment is made after the due date for such payment, a penalty in the amount of 10% of the amount due shall be assessed if paid during the first 30 days after the due date. If the payment due is not paid within 30 days after the applicable due date, the Local Liquor Control Commissioner shall hold a hearing to determine whether such license or permit shall be renewed. The hearing shall be pursuant to notice and the cost of the hearing shall be assessed against the licensee or permittee.
(B) All such application fees paid to the Local Liquor Control Commissioner at the time application is made shall be forthwith turned over to the City Treasurer. If the license or permit is granted, then the additional license or permit fee shall also be turned over to the City Treasurer to be deposited in the general corporate fund, or in such other fund as shall have been designated by the City Council by proper action of that body.
(Ord. 99-4981, passed 3-2-1999; Am. Ord. 2002-5140, passed 9-17-2002; Am. Ord. 2006-5214, passed 1-17-2006)