A developer shall first obtain a certificate of use and occupancy for community housing prior to the sale, lease, use or occupancy of any building or structure as community housing.
Such certificate shall be obtained regardless of the previous use, occupancy or tenancy or whether any changes, alterations or modifications have been made to any portion of any existing building or structure.
Application for a certificate of use and occupancy for community housing shall be made to the building official. Such application shall be submitted with an inspection fee as set forth in the municipal fee schedule, and shall include the following:
(a) The organizational documents;
(b) A preliminary annual operating budget containing a sinking fund reasonably calculated to accumulate reserve funds to pay for major anticipated maintenance, repair or replacement expenses.
(Ord. 3295 § 2, 1981: Ord. 2960 § 66, 1976: Ord. 2821 § 1 (part), 1974)