(A) A tax is hereby imposed upon the activity of demolition of dwellings within the city. Any person granted a permit for demolition (a “demolition permit”) as provided in the City Building Code for a principal structure as defined by the City Zoning Code shall pay a demolition tax for the demolition of any single-family dwelling or other building in which a dwelling unit (as defined in the city’s Zoning Code) is located (a “demolition building”).
(B) The demolition tax shall be at a rate of not less than:
(1) Ten thousand dollars per demolition permit for any single-family dwelling or two-family dwelling that is a demolition building;
(2) For any other demolition building, $5,000 times the number of dwelling units in such demolition building, but not less than $10,000; or
(3) Such greater amount as may be established from time to time in the city’s annual fee ordinance.
(C) The tax imposed pursuant to this subchapter shall be in addition to any demolition permit fee authorized in connection with the city’s Building Code or any other applicable fees and charges. Payment of the demolition tax shall be due prior to issuance of a demolition permit by the city.
(D) The funds received by the city for the amount imposed pursuant to this subchapter shall be deposited as follows:
(1) Fifty percent in the city’s Capital Improvement Fund; and
(2) Fifty percent in a special fund to be established for affordable housing.
(Ord. 2006-01, passed 2-6-2006; Ord. 2016-02, passed 1-19-2016)