A. For failure to pay a business license tax on or before the delinquency date, the Director of Finance shall add a penalty of 10 percent and shall add an additional penalty of 10 percent on the first day of each month thereafter; provided, that the amount of such penalty to be added shall in no event exceed 60 percent of the business license tax to which the penalty rates herein provided for have been applied.

B. The Director of Finance for good cause may extend for not more than 30 days the time for paying any sums required to be paid hereunder; provided, a written request therefor is filed with the Director of Finance prior to the delinquency date. (Ord. 2537 § 1, 1992; Ord. 2408 § 1, 1990; Ord. 1801 § 2, 1978).