A. License Term: Except as otherwise provided, all licenses shall expire on April 30 after the same are issued. All license taxes shall become due on May 1 or at the commencement of business, whichever event first occurs.
B. Late Payment; Penalty:
1. If not paid within fifteen (15) days after the due date as specified in subsection A of this section, a penalty of ten percent (10%) shall be added to the cost of the license, and an additional ten percent (10%) shall be added to the cost of the license and previous penalty on the first day of each month thereafter. If the license tax remains unpaid on September 1 of each year, the amount of the license shall be doubled and the penalty shall be collected in the same manner as the license.
2. The addition of a penalty, if any, to a license shall not exempt the person from whom the license tax may be collected for any penalty to which he may be liable for violating any provisions of this title. (Ord. 01-01-2002, 1-24-2002)