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LS 3.31.16 E. Whenever any other payment of any fee required to be paid is received after the time prescribed and such payment was deposited in the United States mail prior to the time prescribed for the receipt thereof, the Executive Director shall regard such payment as having been timely received. Where said due date falls on a weekend, holiday, or City Hall closure day then payment of said fee may be deemed timely if received on the next City business day following in accordance with the criteria established in subsection (D) above. To effectively and equitably implement the purpose and intent of the general provisions of this Division the Executive Director, in his or her discretion, may vary the strict procedural, enforcement, collection, or other administrative requirements of this Division. In addition to all other authority conferred upon him or her, the Executive Director shall have the power, for good cause shown, to waive or reduce any penalty or late interest imposed, or fee demanded. Sec. 8 -1968. Fees - Adjustment for Annual Change in Consumer Price Index. The fees adopted in accordance with this Division shall be adjusted annually in accordance with the consumer price index as published by the United States Department of Labor for the Los Angeles - Riverside- Orange County (formerly Los Angeles -Long Beach - Anaheim) metropolitan area. For purposes of calculating the annual adjustment factor under this section the base year shall be the calendar year ending December 31, 2015. Fees shall first be adjusted on April 1, 2017, to reflect the change between the 2015 base year and the 2016 calendar year ending December 31, 2016, and shall be adjusted on April 1st of each successive year thereafter, based on the annually adjusted change from the base year. Said adjustment shall be rounded off to the nearest whole percent per hundred as follows: If the remaining fraction of a percent is forty -nine one- hundredths of a percent or less such fraction shall be omitted. If the remaining fraction of a percent is fifty one - hundredths of a percent or more, the next highest percent shall be applied to each fee specified pursuant to this Division as adopted, or as from time -to -time amended. Sec. 8.1969. Penalties for Delinquent Payment of Fees. For failure to fully pay any required fee(s) when due, the Executive Director shall add the following penalties: A. Ten dollars ($10.00) or ten (10) percent of the unpaid balance of said fee(s), whichever is greater, on the past due date thereof; B. Fifteen dollars ($15.00) or fifteen (15) percent of the unpaid balance of said fee(s), whichever is greater, on the first day of the second month after the due date thereof; Ordinance No. NS -XXXX Page 10 of 16 75B -22