§ 12-28. License fee due date; penalty for late payment.

(a)

All licenses required by this article shall be due and payable on January 1 of each year, or where license has been issued for a term of six (6) months. A grace period of forty-five (45) days shall be allowed after the due date before any license shall become delinquent.

(b)

To any license which is not issued before the delinquent date, a penalty of one (1) percent per month shall be added to the cost thereof with the maximum penalty being ten (10) percent. In addition, interest shall accrue on all late fees at a rate of one (1) percent. For the purpose of computing the amount of the penalty provided by this section, the delinquency shall be dated back to the date the license became due and payable, and the penalty shall be assessed for each full month of the delinquency, only full months being counted. Where a license is delinquent from the first of the year, the penalty shall be computed on the basis of the amount due for the full year. Where the delinquency occurs on licenses due during the last six (6) months of the year, the penalty shall be computed on the basis of the balance due thereon.

(c)

Any business that receives a license pursuant to chapter 12 is required to only pay fifty dollars ($50.00) for a city occupation license and is in violation of subsection (a) of this section shall have a late fee of fifty cents ($.50) per month.

(d)

Any business that operates without a business license shall be assessed the following fine: first offense, seventy-five dollars ($75.00) plus court cost; second offense, one hundred fifty dollars ($150.00) plus court cost; third and subsequent offense as determined by the court. The fine associated under subsection (d) shall be in addition to any other penalties and/or late fees.

(Code 1978, § 615.050; Ord. No. 12-02, § I, 2-14-2012; Ord. No. 13-02, § I, 2-26-2013)