A tax is hereby imposed upon all persons engaged in the Village in the business of renting, leasing or letting rooms in a hotel at the rate of five percent (5%) of the gross rental receipts from such renting, leasing or letting, excluding, however, from gross rental receipts, the proceeds of such renting, leasing or letting to permanent residents of that hotel. (Ord. 2023-O-11, 6-19-2023)