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HomeMy WebLinkAbout1374 - Residential Rental UnitsORDINANCE NO. 2 3 7 4 AN ORDINANCE OF THE CITY OF NEWPORT BEACH ADDING SECTION 5.04.105 TO THE NEWPORT BEACH MUNICIPAL CODE, PROVIDING. EXEMPTION -FOR RESIDENTIAL RENTAL UNITS The City Council of the City of Newport Beach does ordain as follows: SECTION 1. Section 5.04.105 is.added to the Newport Beach Municipal Code to read: "5.04.105 Exemption for Residential Rental Units. No business license shall be required for the business of renting two or less residential rental units at the same or different locations. A 'rental unit' shall mean and include all residential units except one which is the part or full -time residence of the owner, and no part thereof is offered or available for rent at any time 4 during the license year." SECTION 2. This ordinance shall be published once in the official newspaper of the City, and the same shall be effective 30 days after the date of its adoption. This ordinance was introduced at a regular meeting of the City Council of the City of Newport Beach held on the 8th day of February , 1971, and was adopted on the 22nd day of February , 1971, by the following vote, to wit: ATTEST: C.ty Clerk �— MAR 4 1971 DA72............................... -\ CIiY CIEWC OF THE C11Y�OP-NEWPO DEACH AYES, COUNCILMEN: McInnis, Kymla, Rogers, Hirth, Croul, Dostal, Parsons NOES, COUNCILMEN: None ABSENT COUNCILMEN: None c('7 C� v Mayor THS:adw 1/28/71