(1) Business license fees not paid in full by the due date shall be deemed delinquent and subject to a penalty as established in the most recent fee schedule approved by resolution of the City Council. Payment shall be deemed to have been made on the date it is delivered to the Business License Department, the date it is paid online, or on the postmark date if mailed.

(2) A previously unlicensed business that is in operation shall be assessed past due business license fees for only one previous 12-month period in which the business was first notified by the City that the fee was due, regardless of how long the business existed prior to such notification.