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<br />to transact business in the State of Florida created pursuant to Florida Statutes. No more <br /> <br />than five percent (5%) of the apartment units may be occupied for more than six (6) months <br /> <br />by the same owner, lessee or Sublessee. The remaining apartments may be occupied by the <br /> <br />owner for extended-stay periods of up to six ~months duration during any twelve-ill} <br /> <br />month period. The apartment and any appurtenant lockout bedroom( s) may be rented <br /> <br />collectively or separately on a transient basis for periods of one (1) to one hundred eighty <br /> <br />(180) days supported by a single management entity except as provided herein providing <br /> <br />central reservation service, maid, linen and other room services customarily provided by <br /> <br />hotel management and operations. A management company shall manage the building at <br /> <br />all times and shall submit to the City's Zoning and Planning Departments an annual report <br /> <br />delineating lease and rental activities for each unit within the building by June 30th of each <br /> <br />year. Failure to file this report shall result in a fine of $500 and an audit by the City or <br /> <br />County. <br /> <br />(b) Hotel. <br /> <br />ill Definition: A building in which lodging, or boarding and lodging, are <br /> <br />provided as the more or less temporary residence of individuals who are lodged <br /> <br />therein and in which ingress and egress to and from all rooms are made through <br /> <br />an inside lobby supervised by a person in charge at all times. <br /> <br />ill Ownership: Hotels are un-subdivided as to ownership and shall be <br /> <br />evidenced by the submission of a Declaration of Restrictions as to the ownership <br /> <br />prior to the issuance ofa Certificate of Use and Certificate of Occupancy. A hotel <br /> <br />shall be managed by a single entity and open to the public on a transient basis <br /> <br />with no unit therein occupied by the same tenant or group of tenants in excess of <br /> <br />Page 3 of 36 <br /> <br />02001- 2nd Rdg MU-R District <br />5/30/01 - 9:54 AM <br />