In addition to all other powers conferred upon him or her, the City Clerk shall have the power, for good cause shown, to extend the time for filing any required sworn statement for a period not exceeding 30 days, and in the case to waive any penalty that would otherwise have accrued; and shall have the further power, with the consent of the Council, to compromise any claims as to amount of license tax due.
(1994 Code, § 5.04.110)