A. Application for renewal of a license and payment of the biennial fee shall be made or postmarked by the United States Postal Service or private delivery service before December thirty-first (31st) of the license expiration year. Any renewal application made or postmarked after December thirty-first (31st) of the license expiration year shall be subject to a fee for the business license of twice the fee set out in BMC 5.04.040. By December tenth (10th) of each year, the finance department shall mail a written notice of renewal to each licensed business whose license will expire that year; provided, neither the failure of the city to mail the notice or the failure of a business to receive the notice shall have the effect of extending the December thirty-first (31st) renewal deadline nor of waiving any penalty or additional or increased fee for the late filing of a renewal application.

B. When a business license holder ceases to do business that the holder has been authorized to conduct under a business license issued by the city, the license holder shall notify the city in writing of the termination of the business within fourteen (14) days of such termination. Notice is not required where the business license holder transfers the business license to a successor assignee or purchaser. [Ord. 20-22 § 2, 2020; Ord. 00-14 § 2; Ord. 98-29 § 2.]