(A)
The regulatory fee for each rental license shall be $40 per unit per license period to compensate the city for its costs related to issuance, recording, inspection, and other costs related to the enforcement of this chapter.
(B) The license period shall be one full year, beginning on July 1 of each calendar year and ending on June 30 of the following calendar year.
(C) There shall be no proration of or reduction in the regulatory fee for the first year in which a rental license is issued.
(D) A licensee must apply to renew his or her license on or before June 1 of each year if the unit will be occupied or offered for short-term rental in the following license period. A non-refundable regulatory fee of $40 must accompany the renewal application to compensate the city for its costs related to issuance, recording, inspection, and other costs related to the enforcement of this chapter. If the application is not approved or if the licensee voluntarily withdraws his or her renewal application, the regulatory fee shall be retained by the city.
(E) There shall be a grace period for renewals, such that a license may be renewed if an application is received after June 2 and on or before June 30 for the following license period. However, such applications must be accompanied by the payment of a late fee of $20 per unit.
(F) Any license not renewed on or before June 30 for the following license period will be deemed lapsed and, if the rental dwelling unit is occupied, or if the short-term rental is offered for rent, § 97.99 shall apply.
(Ord. 12-03, passed 1-18-2012; Ord. 15-12, passed 12-2-2015; Ord. 19-09, passed 8-7-2019)
Penalty, see § 97.99