There is imposed an annual charge on each business situated within the boundaries of the downtown parking and business improvements district Zones 1 and 2 which shall be computed as follows:

Computation of Rate

    Number of employees____________

    (Instructions for determining number of employees are set forth below.)

    Basis rate from rate schedule set out in this section.

    (Enter in column two below.)

    

Computation of Delinquent Penalty, If Applicable

Total rate due:            $_______

    Delinquent Penalty: Ten percent each month if paid after delinquent date.

    Delinquent Charge -- Penalties: For failure to pay a license tax when due, the finance officer shall add a penalty of ten percent of the license charge on the last day of each month after the due date thereof, providing that the amount of such penalty to be added shall not exceed fifty percent of the license charge due.

Total payment due:        $_______

    There shall be charged a ten percent charge per each month any payment is made after the delinquent date.

Assessments -- Rates

Zones 1 and 2

(Ord. 607 § 1, 2002; Ord. 450 § 2 (part), 1990: prior code § 6A-4)