(1) Any marijuana retailer that fails to timely file a return or remit any portion of the tax imposed by the due date shall pay a penalty in addition to the amount of the tax due.

(2) If the Chief Financial Officer determines that the nonpayment of any remittance due under this ordinance is due to fraud, a penalty shall be added thereto, in addition to original and continued delinquency penalties, if applicable.

(3) In addition to the penalties imposed, any marijuana retailer that fails to remit any tax imposed shall pay interest on the amount of the tax, exclusive of penalties, from the date on which the remittance first became delinquent until paid.

(4) The amounts for penalties and interest are established in the most recent fee schedule approved by resolution of the City Council.

(5) Every penalty imposed, and such interest as accrues under the provisions of this section, shall become a part of the tax required to be paid.

(6) Any marijuana retailer who fails to timely file a return or remit the tax herein levied within the time herein stated shall pay the penalties herein stated, provided, however, the operators may petition the City Council for waiver and refund of the penalty or any portion thereof and the City Council may, if a good and sufficient reason is shown, waive and direct a refund of the penalty or any portion thereof.