A. Rate:
1. There shall be and there hereby is fixed and imposed a license tax for revenues, commencing August 1, 2016, on every licensee operating a rental business within the city, in addition to license taxes heretofore fixed and imposed and now existing, in the total amount of twelve and one-half percent (12.5%) of the amount of gross income derived from room or dwelling unit rentals received by each licensee from the renting of rooms or other temporary lodging within the corporate limits of the city.
2. There shall be and there hereby is fixed and imposed a license tax for revenues, commencing July 1, 2017, on every licensee operating a rental business within the city, in addition to license taxes heretofore fixed and imposed and now existing, in the total amount of thirteen and one-half percent (13.5%) of the amount of gross income derived from room or dwelling unit rentals received by each licensee from the renting of rooms or other temporary lodging within the corporate limits of the city.
B. Exemption From Tax: There shall be and there hereby is excepted from the license tax herein fixed and imposed each rental by any licensee of a room or dwelling unit for a period of twenty eight (28) consecutive days or more, provided that the room or dwelling unit includes a kitchenette with a stove and oven, refrigerator, and a separate sink (excluding a bathroom sink). Furthermore, in order for this exemption to apply, the same natural person must reside in the room or dwelling unit as described herein for a period of at least twenty eight (28) consecutive days. If the room or dwelling unit does not have the aforementioned criteria the natural person will qualify for the exemption from the tax after having resided in the same room or dwelling unit for nine (9) consecutive months paying all applicable taxes during that time period. (Ord. 609, 12-8-2005; amd. Ord. 701, 7-14-2016; Ord. 728, 11-21-2019)