A. Late Payment Penalties: Any semiannual fee which is not received by the division on or before the due date shall be assessed a late payment penalty in an amount equal to ten percent (10%) of the amount of such semiannual fee. If the semiannual fee and penalty is not received by the division within fifteen (15) days after the due date, an additional late payment penalty in the amount equal to thirty five percent (35%) of such semiannual fee shall be assessed. If the semiannual fee and all penalties are not received by the division within sixty (60) days after the due date, the license shall be automatically revoked.
B. Reinstatement:
1. A license which has been automatically revoked because a licensee has not complied with the semiannual license fee provisions of this section or because of nonoperational status, or because a licensee has not complied with the origination fee provisions in section 2-4-24 of this chapter may be reinstated by the city manager if, not later than sixty (60) days following the date the license was automatically revoked, the licensee pays to the division:
a. The delinquent and unpaid semiannual license fee or origination fee;
b. All late payment penalties that have accrued pursuant to the provisions of subsection A of this section; and
c. A five hundred dollar ($500.00) license reinstatement assessment.
2. Upon payment of the delinquent semiannual license fee and/or origination fee, all applicable late payment penalties and the reinstatement assessment, the city manager shall reinstate the revoked license. Upon such reinstatement of the license, the licensee shall be allowed to reengage in the sale of alcoholic beverages at the location to which the license applies. (Ord. 453, 3-27-2012, eff. 4-19-2012)