Assessments are payable at the city finance department quarterly at the same time and in the same manner as payment of transient occupancy tax. Assessments not received within thirty days from the date on which they are due, the "delinquent date," unless under appeal consideration, shall be subject to a late penalty of ten percent of the amount due for the period. An additional penalty of ten percent of the amount due for the period is due if the assessments are not paid within thirty days after delinquent date. In addition, if payment of the assessment is not made by the delinquent date, interest will be due calculated at one-half of one percent per month or fraction thereof on the assessment (exclusive of penalties).
(Ord. 2019 § 1, 2000)