The annual fee for a residential rental lease shall be paid by the property owner, based on number of total units owned by that owner in the village. For a corporation, LLC or partnership owning real estate in the village, all business entities sharing more than 50% common ownership with one another shall be considered as one owner for purposes of computing total number of units owned. The annual license fee is as follows:
(1) For each single- family property = $300; and
(2) Multiple-family properties = $300 base fee per building plus $15 for each rental unit.
(A) In addition to the individual license fees provided for in this section, each licensee shall pay at the time of filing an initial application for a license a separate initial application fee in the amount of $50. No application shall be processed until such application fee is paid.
(B) All license fees provided in § 112.33 shall be paid in advance on an annual basis on or before the last day of December each year (or in the event of a new license, issued as of a date other than January 1, in full on or before the time of issuance of the license). In the event that any license fee is not paid when due, such license fee shall be increased $100 if paid within the first week after the date it was due, $200 if paid in the second week after the date it was due and $300 if paid any time thereafter. No license shall be issued until the license fee and this late fee are paid in full, along with any outstanding fees, fines or penalties due and owing the village. If after six months the annual installment has not been paid, the licensed premises shall be subject to penalties as described in § 129F.15.
(C) Every license shall expire on December 31 following its issuance. In the event a license is revoked or abandoned prior to December 31, there shall be no refund of any license fee.
(Ord. 2008-O-008, passed 5-6-08; Am. Ord. 2012-O-033, passed 8-21- 12; Am. Ord. 2024-O-004, passed 1-16-24)