ORDINANCE By Bender and Ellison Amending Title 12, Chapter 244 of the Minneapolis Code of Ordinances relating to Housing: Maintenance Code. The City Council of the City of Minneapolis do ordain as follows: Section 1. That Chapter 244 of the Minneapolis Code of Ordinances be amended by adding thereto a new Section 244.2040 to read as follows: a ?5 rent 244.2040. Security deposits and pet damage deposits. eMgity deposits. if a landlord chooses to h/ lb, more than an amount equal to one?half of a month-gs re u1re,asacondition oftenanc re? a mentoflastmont V?la dlord ma notcollectin addition, l3 . grant as a secungi?gdeposit and the landlord must allow the tenant to pay the security deposit in over a peri?@up to three (3) months in installment amounts reasonably requested by thei?la/aint. If a landlord require last month?s . - rent, a landlord may not collect more than an to ong/ffl) month?s@s a security dep05it. lf rent is not due on a basis, then for the sole p?ggose off/?f? ?Weitotal rent shall be . a in this limit/2;, Mew/$9" calculated to determine the amount aged the tenantgin/rz .ual monthl installments and the total charge to a tenant for the cost of a may not egg/2w the resulting rental amount as calculated. "Security deposit? shall'glgavegg??'2? meaning spg?ified in Minnesota Statutes, Section . 5048.178. Any security deposit furnishedgherein ,all-zybe govern/aid, by the provisions of Minnesota Statutes, Section EMBAW raneously With a landlord obligation . - to return the dep05it depOSIt, . . gather th sgf/ection. (2%111 . 276%- - .1 0.2/4 rovre?a?f" Mitten statement ursuant to Minnesota Statutes, Section 504Be174748, a landlq;;damust also, e: the tenant a written notice of ri under state law regarding secunggy/g/deposnsg/ya form ande%nner approved by the CityndWa ayme?g/yof a pet damage depos;t prowded that the total amount depo/si?t?xj not left/(tired, tini?/gity?five (25) percent of one (1) month?s rent, 0' a" ?c x/ a. time %%he deg/gags paid. If rent is not paid or otherwise due on a then for the this limit the total rent shall be pro?rated on an equal, basis/w the total mag/g2}, to a ten/gr; for the pet damage depDSIt may not exceed twenty?five (25) percent renta?ligmount. ?Pet damage deposit? means money that is paid by the tenant to th??glandlord at as security to pay for damage to the landlord?s property that is caused by a pet for the ten/gig? is responsible. Any pet damage deposit furnished herein shall be governed by the yl%%esota Statutes, Section 5048.178, together with this section. A landlord may not charge additional one-time fee for keeping a pet. Enforcement. In addition to any other remedy available at equity or law, failure to comply with the provisions of this section may result in criminal prosecution, adverse rental license action, and/0r administrative fines, restrictions, or penalties as provided in Chapter 2 of this Code. A notice of violation, as described in section 244.150, shall not be required in order to establish or enforce a violation of this section. Effective date. This section shall become effective