Any person served pursuant to Section 3.08.310 of this chapter may, within fifteen (15) days after service or mailing of such notice, make application in writing to the director of finance for a hearing to review the amounts determined and assessed under Section 3.08.290 or 3.08.300 of this chapter. If application by the person for a hearing is not made within the time prescribed, the tax, interest, and penalties, if any, determined by the administrator shall become final and conclusive and immediately due. (Prior code § 23.05.507)