A. The time of delinquency for the assessment of penalties for all assessments covered by this Chapter shall be the same as set forth in Section 5.04.075 for the business license tax.
B. Payments of the assessment which are received in the Department of Finance and Management Services after the applicable delinquent dates, or bearing a postmark after said dates, as set forth in Section 5.04.075, shall be deemed delinquent and subject to penalty assessment.
C. For failure to pay the assessment on or before the start of business, or for failure to pay the assessment before the applicable delinquent date, there is imposed a penalty of fifty percent of the assessment. An additional penalty of fifty percent of the assessment shall be imposed on the last day of the third consecutive month of delinquency. Such penalties shall be added to the assessment due.
(Ord. MC-1625, 2-21-24; Ord. MC-1484, 4-18-18)