(A) In the event that the initial licenses required under this article for existing businesses are not applied for within 60 days of July 1, 2019, a penalty of 10% shall be added to the cost of the licenses; and if not applied for within 90 days of July 1, 2019, a total penalty of 20% shall be added to the cost of the licenses.
(B) Thereafter, in the event that the licenses required under this article are not obtained, or the appropriate tax is not paid, on or before the starting date of the business, a penalty of 10% shall be added to the cost of the licenses; and if the license is not obtained, or the appropriate tax is not paid within 30 days after the starting date of the business, a total penalty of 20% shall be added to the cost of the licenses.
(C) On or after July 1, 2019, if a license is not renewed or if the appropriate tax is not paid within 30 days from the beginning of the fiscal year, a 10% penalty shall be added to the cost of the license, and if not renewed within 60 days from the beginning of the fiscal year, a total penalty of 20% shall be added to the cost of the license.
(D) In addition to the penalties imposed, any person who fails to pay any tax imposed by this article shall pay interest at the rate of one and one-half percent per month or fraction thereof on the amount of the tax, exclusive of penalties, from the first day of the month following the month for which the tax was payable. No interest penalty shall accrue from July 1, 2019 through September 1, 2019.
(1966 Code, § 21-214) (Ord. 601, § 1(part); Measure H Initiative, adopted 2018)