(A) Imposed. A tax is hereby imposed upon the construction or placement of each residential unit and the construction, placement, or expansion of each commercial unit or commercial building in the city.
(B) Rates. The rates of the tax imposed, which may be amended by resolution, are as follows:
(1) For each single-family dwelling unit, $125;
(2) For each dwelling unit in a duplex or mobile home park, $90;
(3) For each dwelling unit in a multiple-family structure, $75; and
(4) For each square foot of gross floor area in a commercial unit or commercial building, $0.02.
(C) Due dates. The amount of the tax due pursuant to the provisions of this article shall be determined at the time a building permit is sought for construction, and the tax shall be due and payable concurrently with the application for the building permit. If the tax is not paid on or before the date the permit is issued, the tax shall be delinquent. In the case of a mobile home park, the tax shall be determined and paid on the basis of one residential unit for each mobile home pad shown in the plans therefor at the time the plans are approved by the Commission.
(D) Delinquencies; penalties; interest. When the tax becomes delinquent, there shall be added a penalty of 7% which shall thereupon become payable in the same manner as the tax. The tax and penalty shall bear interest at the rate of 0.5% per month until paid.
('66 Code, § 9-4.1403) (Ord. 275-C-S, passed 3-11-75)