A. Initial semiannual license fees paid by applicants who receive license approval on a date other than the due dates of January 31 and July 31 shall be prorated on a quarterly basis until the next semiannual due date.
B. Notwithstanding the provisions of section 2-4-23 of this chapter and subject to any other legal requirements, the City Manager is authorized, upon the written request of an applicant, to permit an applicant to make four (4) equal payments of the entire origination license fee required in section 2-4-23 of this chapter in the manner set forth below. In the event that a request is made for four (4) equal payments of an origination fee, the first payment must be paid prior to issuance of the liquor license. The remaining three (3) origination fee payments shall be paid in successive three (3) month intervals. Failure to make a timely origination fee payment shall result in immediate revocation of the liquor license. Reinstatement of the liquor license shall be in accordance with the provisions of section 2-4-26 of this chapter. (Ord. 453, 3-27-2012, eff. 4-19-2012)