Every person conducting or maintaining real property in the city for rental as a dwelling unit, whether as a single-family, two-family, or multi-family residential unit, except the Housing Authority of the city and owners of motels and hotels, which are taxed pursuant to the provisions of Chapter 3 of Title 8 of this code, shall pay an annual license tax based upon the average monthly gross receipts for such rental units in accordance with the schedule set forth in § 6-1.22 of this chapter. Applications for issuance of a business license for residential income properties shall be submitted to the Director of Finance together with a fee as set by Council Resolution no later than June 17, 1994 or within one calendar year of commencement of the use of the property as rental income property, either as a new use or as a change of use. This application fee shall not apply to any property for which a business license has been applied for and previously obtained. Any owner who fails to make application for such a license within the time frame specified herein shall be charged a penalty of an additional $25 for the application fee plus ½ the amount of tax to be imposed for the year. Such penalty may be waived at the discretion of the Director of Community Development or his or her designated representative upon a finding that such applicant did not have notice of such requirement.
('61 Code, § 6-1.28) (Ord. 228 N.S., passed - - ; Am. Urgency Ord. 302 C.S., passed 6-23-78; Am. Ord. 303 C.S., passed 6-30-78; Am. Ord. 597 C.S., passed 5-17-93; Am. Ord. 617 C.S., passed 3-16-94; Am. Ord. 709 C.S., passed 9-15-99)