§ 23-5.2. Payment of tax; penalty and interest.

(a)

Except as otherwise expressly provided, the license taxes levied herein shall be due and payable to the tax collector as follows:

(1)

In the case of any business which is subject to license under this article commencing on or after the effective date of this article, the license tax shall be due and payable on such date of commencement.

(2)

In the case of a business commenced prior to the effective date of this ordinance, the license tax shall be due and payable on January 1, 2003.

(b)

(1)

Annually thereafter, all license taxes levied hereunder shall be due and payable January 1 of each calendar year for which the license is due, except that for a new business commencing after January 1 of any calendar year, the first license shall be due and payable on the date the business is commenced.

(2)

All licenses unpaid after the last day of February of the calendar year for which they are due, or in the case of a new business, unpaid on the date such business is commenced, shall be deemed delinquent and subject to the payment of delinquent interest and penalty.

(c)

When any taxpayer fails to pay the tax, or any portion thereof, on or before March 1, interest at the rate of one and one-quarter percent per month or fractional part thereof, shall be added to the amount of tax due and such interest shall be computed from the due date until the tax is paid.

(d)

In addition to the interest charged on delinquent taxes there shall be imposed a penalty of five (5) percent of the total tax due if the failure or delinquency is for not more than thirty (30) days, with an additional five (5) percent for each additional thirty (30) days or fraction thereof during which the failure or delinquency continues, not to exceed twenty-five (25) percent of the tax in the aggregate.

(e)

If any taxes, penalties or interest due under this ordinance are referred to an attorney at law for collection, an additional charge for attorney fees will be charged at the rate of ten (10) percent on the aggregate of the taxes, penalties and interest due.

(Ord. of 8-12-02)