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Any hotel that fails to remit any assessment imposed by this chapter within the time required shall pay a penalty in accordance with the policies, regulations, and ordinances of the city of San Luis Obispo. Any and all remedies available to the city of San Luis Obispo for nonpayment of assessments or taxes shall be applicable in the event of nonpayment of an assessment under this chapter. (Ord. 1517 § 3 (part), 2008)