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of this article should a person or entity already possess a commercial <br />cannabis business license or other city permit to operate as a commercial <br />cannabis business. <br />3. The payment of the two thousand dollars ($2,000.00) minimum basic rate <br />gross receipts tax required annually for each separate branch location or <br />separate property location of the business in accordance with this section, <br />shall be made annually prior to the beginning of the fiscal year beginning <br />April first of the current year and expiring on the 31 st day of March of the <br />following year. In the case of a new commercial cannabis business the <br />minimum basic rate gross receipts tax shall be paid in advance prior to <br />any new business activity being undertaken. Every new licensee shall pay <br />in advance an amount equal to one-quarter ('/a) of the annual minimum <br />basic rate gross receipts tax, for each quarter and fraction of a quarter <br />remaining during the period for which the new license is issued. <br />(o) Delinquent date—Penalty. Any individual or entity who fails to pay the taxes required <br />by this article when due shall be subject to penalties and interest as set forth in <br />accordance with this chapter. The collector is not required to send a delinquency or <br />other notice or bill to any person subject to the provisions of this article and failure <br />to send such notice or bill shall not affect the validity of any tax or penalty due under <br />the provisions of this article. <br />(p) Business license tax certificate—Required. There are imposed upon all persons <br />engaged in transacting and carrying on any commercial cannabis business activity <br />in the city taxes in the amounts prescribed in this article. It shall be unlawful for any <br />person, either for him or herself or for any other person, to commence, transact or <br />carry on any business in the city without first having procured a business license <br />from the city under this chapter and having paid the taxes set forth in this article, and <br />without complying with any and all applicable provisions contained in this chapter. <br />The carrying on of any commercial cannabis business activity without complying with <br />all the provisions of this article shall constitute a separate violation of this chapter for <br />each and every day that such commercial cannabis activity is so carried on. <br />(q) Classification of business license assessment type—Term and renewal. The <br />business license issued to commercial cannabis businesses shall be classed as a <br />gross receipts assessment type, issued for the same term of license as set forth in <br />subsection 21-71(c) of this chapter and shall be subject to renewal in accordance <br />with sections 21-72(c), 21-73(c), and 21-77. <br />(r) Operative date. Upon the approval by the majority of the voters of the city at the <br />November 6, 2018 general election, the taxes imposed by this article shall become <br />operative and shall be applied by the collector upon all commercial cannabis <br />businesses. <br />Sec. 21-134. Payment of tax does not authorize unlawful business. <br />(a) The payment of a business tax required by this article, and its acceptance by the <br />city, shall not entitle any person to carry on any commercial cannabis business <br />unless the person has complied with all of the requirements of this code and all other <br />applicable laws, nor to carry on any commercial cannabis business in any building <br />Resolution 2018-049 <br />Page 14 of 16 <br />55A-58 <br />