A. Annual License Fees. Annual license fees shall be in accordance with LMC 3.20.010, the fee schedule, at least one copy of which shall be kept on file in the Office of the Lakewood City Clerk. There shall be no proration of license fees, and all licenses issued pursuant to this chapter shall expire at 12:00 a.m. (midnight) on December 31st of the year issued.

B. Renewal of License. All business licenses shall be renewed on or before February 28th of the tax year following the year of issuance or renewal of the current license if the business is to be continued. Application for renewal shall be made on forms prescribed by the City Manager or designee. Each application for renewal shall be accompanied by the license renewal fee for the ensuing tax year as prescribed by an annual resolution of the City Council establishing fees and charges. Applications for renewal shall be processed hereafter by the City commencing during December of each tax year for the ensuing tax year. Although the City shall endeavor to mail renewal notices for the next year to persons who possess valid licenses at the end of the current year, it shall be the responsibility of the applicant to submit to the City the appropriate applications and fees for license renewal, regardless of whether or not renewal notices are sent out or received.

C. Late Penalty. A late penalty shall be charged on all applications for renewal of a license not renewed by February 28th, or by the next business day after February 28th if February 28th falls on a weekend or holiday. This penalty shall be computed as and assessed at 100 percent of the cost of the applicable license fee, which shall be added to the prescribed license renewal fee. This late penalty shall be in addition to any other penalty or consequence stemming from failure to obtain or maintain an appropriate license.

D. Cancellation of Delinquent License. Notwithstanding the provisions of subsection C of this section, if an application for the renewal of an adult cabaret business license is received by the City more than 90 calendar days past the due date, the business license (renewal) application shall be considered a new license application, with any rights, privileges or expectations related to a license renewal being canceled, so that all applicable code requirements and regulations must be met as if the business had not operated in the past. It is provided, however, that if a license application is approved after having been canceled because of more than 90 calendar days delinquency, the additional penalty percentage of the license fee (100 percent) shall be paid prior to issuance of the license. [Ord. 288 § 4, 2002; Ord. 245 § 3, 2000; Ord. 171 § 1, 1998.]