(A) The tax imposed and levied by this article, if not paid when due, shall bear interest at the rate of 6% per annum from the due date of the return until paid.
(B) If any hotel operator fails to make the return or any quarterly installment required by this article, or makes his or her return, but fails to remit in whole or in part the proper amount of tax, there shall be added to the amount of tax unpaid, for the date such tax should have been paid, a penalty in the amount of 2% of the tax for the first month, or fraction thereof, of delinquency and 1% of the tax for each succeeding month, or faction thereof, of delinquency; provided, that if such failure is due to reasonable cause, the Finance Director may waive in whole or in part these penalties.
(C) Interest and penalties may be collected in the same manner as the tax imposed by this article.
(Ord. 1334, passed 1-7-02)