The fee imposed by this chapter shall be paid by the person, firm, association, corporation or beneficial owner maintaining residential rental units as herein defined. Such payments as set forth herein shall be payable to the City on or before the first day of January of each year in which the license fee herein imposed shall be applicable, or within twenty-nine (29) days following the applicability hereof which shall be defined to mean twenty-nine (29) days following the first day such residential rental units are offered for occupancy for a fee. Forms shall be provided by the manager for the computation of the license fee here required. The manager shall issue receipt evidencing payment of said license fee. (Ord. 10-2003 § 5, 2003; Ord. 1-1977 § 1, 1977.)