(A) The short-term rental licensing fee shall be $300 per year regardless of the date of application or as the Board of Trustees may, from time-to-time, adopt and attach to this chapter. No license or renewal may be issued until the applicable fee has been received by the Town Clerk.
(B) Licensing fees are not refundable. In the event that any license is suspended or revoked, no refund shall be made to the owner. Further, no refund shall be made to any owner who discontinues engaging in the short-term rental business during the licensing year. However, if a licensing or renewal application is denied, the Town shall return the license fee submitted with the application to the owner.
(C) The purpose of the fees collected under this chapter is to off-set administrative and personnel costs associated with the short-term rental license administration and enforcement. The rate of the short-term rental license fee shall be set and may from time-to-time be amended to reflect the cost of regulations, administration, and enforcement of this chapter.
(Ord. 2020-1, passed 1-9-2020)