737.17 COLLECTING RENTALS, ROYALTIES, ETC.; EXEMPTION.
   Upon every person engaging or continuing within the City in the business of collecting incomes from the use of real or personal property or of any interest therein, whether by lease, conveyance or otherwise, and whether the return be in the form of rentals, royalties, fees, interest or otherwise, the tax shall be $1.00 per one hundred dollars ($100.00) of the gross income of any such activity.
   An exemption from the payment of this tax shall be extended to those who provide acceptable proof to the City Treasurer, that they are either totally disabled and receiving payments for such disability from the Social Security Administration or the Police and Fire Department, or are sixty-five years of age or older. These exemptions shall apply only to residential rental units, a unit being defined as a single apartment rental, not a complete building or house , and to those individuals who control, for tax purposes, no more than two such rental units.
(Ord. 2063. Passed 4-21-05.)