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ORDINANCE 2017-055 By Frey I ntro $4.1st Reading: 6/16/20.17 Refto CARS 2nd Reading: 10/20/2017 Amend€ngTitle 13 cfthe Minn "polls Code ofOrdinancesmWIngtoo Licenses and BusinessRegulatione. The City Council of the City of Minneapolis do ordain as follows; Section 1..That the Minneapolis C6deof.Ordinances be am ended by. addrig thereto a new .Chapter .351 to read as follows: CHAPTER 35.1, SHORT TERM. RENTAL HOSTING PLATFORMS 351.10, DAnitions- Whenever used in this chapter the following words shall have the meanings Indicated. License. A short term rental hosting platform Ii.eense. Licansing offMaL The official designated to. supervise thelicensing:-and consumer services. functions provided by this Cpde.pursuant to sectlon 259.10. Short term rentvl hosting'plotfam A person or. entity that participates In the short-term rental business by providing, and oufiecting or receiving:a fee for, booking services throughwhich an owner may offer.a dwelling unit, or a portion thereof, for tourist or transient use. Hosting platforrns..usualiy, though not necessarily, prov€de booking services. through an 0ril[he platform that allows an owner to.advertise the dwell€ng unit through..a webs(te.provided by the hosting pIatfprrn and tha hosting platform con ducts .a transaction by which potential tourlst.or transient users..arrarge tourist or transient use and payment: whe6er the. tou ris t o r transient pays rent directly to the owner or to the.hosting platform. Shortterm. rentol property. A short term rental. property Is a residential dwelIfrg required by Chapter 244 to operate pursuant to a rental dwelling license ar.short term rental registraton providing..tourlst or transtent0cctipancy for a period of less titan thirty (30) consecutive days for a fee. 35.1,20. License Required. No person shall engage in the 96WfLy of a short term rental hosting platform in the city without a license Issued pursuant to this chapter. 351.30, Short term rental hokIng platform I[canse fee and IIcan se tern::, (a) The. annuaI fee for .the. Issuance or renewal of a short term rental hosting piatf.orm license shah[ be. as is 11sted In: the 11cense fee schedule. The Iice nsirg official may, .through the I[cense fee schedule, impose a lesser annual feefor .a shortter ni rentd hosting.piatform 6at11stsorwiil Iistn0more than one -hundred 6fty�150) durelIIrig units at any Oven time. The I1cense fee sha[I be. paid as a"precondition to issuance or renewal of the keme. (b).Except for .the Initial I[cense period, a short term rental hosting platform license.shall be issued or: renewed for a one (1) year license term starting on November 1st of each year. W A short term rental hosting platform .license.[s oonwtransferable.