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In the event license and/or moorage fees are not paid within 60 days from the date of delinquency as outlined in HBC 16.16.030, a penalty of 10 percent of the license and/or moorage fees due shall be levied against and added to the delinquent account. Additionally, interest of 1.5 percent per month shall accrue upon all unpaid fees, not including penalty, from the due date until paid in full. Transient moorage which must be invoiced will be charged at twice the normal rate. (Ord. 12-01-281 § 4; Ord. 07-08-162)