A. Licenses issued under this chapter expire on the date established by the Business Licensing Service, and must be renewed on or before that date to continue to conduct business in the city.

B. Application for renewal of the license must be submitted to the Business Licensing Service. Said application must include all information required to renew the license, the total fees due to renew license, and the renewal handling fee required by RCW 19.02.075.

C. The license term and respective fee amount may be prorated in order to synchronize the license expiration with the expiration of the business account maintained by the Business Licensing Service.

D. Failure to renew the license by the expiration date will incur the late renewal penalty required by RCW 19.02.085 in addition to all other fees due.

E. Failure to renew the license within one hundred twenty days after the expiration date will result in the cancellation of the license and requires reapplication and approval of a license in order to continue to conduct business in the city.