A. For failure to pay a license tax within thirty days from the date due, the license administrator shall add a penalty of fifty percent of the license.
B. No license shall be issued, nor one which has been suspended or revoked shall be reinstated or reissued, to any person who, at the time of applying therefor, is indebted to the city for any delinquent license taxes, unless such person, with the consent of the license administrator, enters into a written agreement with the city through the license administrator to pay such delinquent taxes in monthly installments or more often extending over a period of not to exceed one year.
C. In an agreement so entered into, such person shall acknowledge the obligation owed to the city and agree that in the event of failure to make timely payment of any installment, the whole amount unpaid shall become immediately due and payable and that his or her current license shall be revocable by the license administrator upon thirty days' notice. In the event legal action is brought by the city to enforce collection of any amount included in the agreement, such person shall pay all costs of suit incurred by the city or its assignee, including a reasonable attorney's fee. The execution of such an agreement shall not prevent the prior accrual of penalties on unpaid balances at the rate provided in subsection A of this section, but no penalties shall accrue on account of taxes included in the agreement after the execution of the agreement and the payment of the first installment and during such time as such person shall not be in breach of the agreement. (Ord. 338 § 20, 1975).