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HomeMy WebLinkAbout2745 Min. Rent Exemption/TOTORDINANCE NO. c~ AN ORDINANCE AMENDING SECTION 4.24.030.B OF THE ASHLAND MUNICIPAL CODE TO INCREASE THE MINIMUM RENT EXEMPTION FROM THE TRANSIENT OCCUPANCY TAX TO $15.00. ANNOTATED TO SHOW DELETIONS AND ADDITIONS. DELETIONS ARE L!NED-THROUGH AND ADDITIONS ARE i~i~11~:i~i/~.E.D. THE PEOPLE OF THE CITY OF ASHLAND DO ORDAIN AS FOLLOWS: SECTION 1. Section 4.24,030.B of the Ashland Municipal Code is amended to read: 4.24.030 Exemptions. No tax shall be imposed upon: B. Any occupant whose rent is of a value of S~.00-15.00 or less per day. This amount shall be adjusted on July 1 of each year based on the change in the Portland Consumer Price Index. The foregoing ordinance was first READ on the ¢_//'7~ day of .¢'~~, 1994, and duly PASSED and ADOPTED this /~:~day of (~~, 1994. Nan E. Franklin, City Recorder SIGNED and APPROVED this Ayr~/~ t~: Paul Nolte, City Attorney day of ¢~, 1994. Catherine M. Golden, Mayor PAGE 1-ORDINANCE (p:ord,,tax-tot.arnd}