Article 6 — Transient Occupancy Tax

All timeshare units shall be subject to the payment of the transient occupancy tax. Units occupied as traditional hotel/motel rentals shall have the tax levied on the rent paid. Units occupied on a timeshare basis shall have the tax levied on the basis of the equivalent rent which would be charged for that particular unit if it were to be rented as a traditional hotel/motel rental unit. The management of the timeshare facility shall provide sufficient data to the City to justify the equivalent rental rate used in calculating the transient occupancy tax. (§ 1, Ord. 612, eff. October 13, 1983)