There is a special common council meeting on Monday September 17th at 8:05 to handle 2 things:
Adopt FY13 General Fund Transfers and Amendments
This will up the FY2013 budget from $232,351,309 to $232,454,709- an increase of $103,400.
Residential Rental Property Business Ordinance
This is to approve a resolution that would create the need for landlords to obtain a Residential Rental Property License.
This would mean anyone that owns a rental property will be required to register it, unless:
1. It is their primary residence
2. The lived there or inherited it within the past 2 years and are still a NB resident
3. Their only tenants are blood relatives.
Registering will require a few things, like no back taxes owed, no blight fines owed, etc. But also Landlords must disclose anyone that has a greater than 5% interest in the property.