Each of the various taxes imposed by this chapter shall be computed on the basis of activity during each calendar quarter year, shall be due and payable in quarterly installments, and remittance therefor, together with return forms, shall be made to the city, on or before the last day of the month next succeeding the quarterly period in which the tax accrued, that is, on January 31, April 30, July 31 and October 31 of each year; provided, that the following exceptions to this payment schedule shall be allowed, or required:
A. Whenever any person, association or organization taxable hereunder conducting or operating a taxable activity for a period of more than two (2) consecutive weeks, quits business, sells out, otherwise disposes of its business or terminates the business, any tax due hereunder shall become due and payable, and such taxpayer shall, within ten (10) days thereafter, make a return and pay the tax due.
B. Whenever it appears to the city treasurer that the collection of taxes from any person, association or organization may be in jeopardy, the city treasurer, after not less than ten (10) days' notice to the taxpayer, is authorized to require that taxpayer to remit taxes and returns at such shorter intervals than quarterly or annually, as the city treasurer shall deem appropriate under the circumstances. (Ord. 958, 7-9-2014)