§ 124.06 OPERATING LICENSE FEES.
   (A)   Each application for an operating license shall be accompanied by a license fee. The license fee shall be determined by the following schedule:
 
Number of Units Owned
Operating License Fee
2-50
$145 per Building and $5 per Unit
51-350
$ 95 per Building and $5 per Unit
351 or more
$ 90 per Building and $5 per Unit
   (B)   In the event a completed operating license application is not submitted together with the required license fee prior to January 1 in any given year, the license fee shall be increased by 20%; and further, the base license fee shall be increased by an additional 20% on the first day of each subsequent month, until such time as a complete operating license application and the required license fee is paid.
   (C)   In the event the ownership of a building changes during the license year, the license fee for the new owner shall be determined on a prorated per diem basis. No refund of any license fee paid shall be made.
   (D)   Notwithstanding any provisions contained hereinabove to the contrary, the owner of a multiple-family building containing more than 100 dwelling units may elect to pay the license fee in two installments. The first installment shall be in the amount of 50% of the applicable license fee and shall be paid at the time of application for an operating license hereunder. The balance of the applicable license fee shall be paid on or before July 1 of the license year. In the event the balance of the applicable license fee is not paid on or before July 1 of the license year, the operating license shall be deemed to have terminated on July 2 of the license year, without further action by the village.
   (E)   Notwithstanding any provision contained hereunder to the contrary, no operating license shall be renewed until such time as all costs provided by this chapter have been paid.
(Ord. 03-43, passed 8-20-03; Am. Ord. 03-59, passed 11-12-03)