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A Commercial Business Registration issued by the Master License Service shall expire on the date established by the Master License Service and a person shall renew the Commercial Business Registration through the Master License Service on or before the expiration date in order to continue to engage in business within the City after that date. All businesses must pay a renewal fee as set forth in the current fee resolution, as well as the Master License Service handling fee authorized by RCW 19.02.075 where applicable. The term of registration and the annual City fee amount may be prorated in order to conform the registration expiration date with an expiration date previously established by the Master License Service for the business. Persons not renewing their Commercial Business Registration by the expiration date are subject to a late renewal penalty fee charged by the Master License Service as authorized by RCW 19.02.085 or as established by the City. (Ord. 12-4 §8, 2012; Ord. 08-14 §9, 2008).