The TBID shall include all hotels located within the TBID boundaries. The assessment shall be levied on all hotels, existing and future, within the city of San Luis Obispo based upon two percent of the paid gross rent charged by the operator per night for all transient occupancies. The assessment shall be collected monthly, based on two percent of the gross rent charged by the operator per night in revenues for the previous month. New hotels within the boundaries shall not be exempt from the levy of assessment authorized by Section 36531 of the law. Assessments pursuant to the TBID shall not be included in gross room rental revenue for the purpose of determining the amount of the transient occupancy tax. The value of rooms for extended stays of more than thirty consecutive calendar days shall be exempt from the levy of assessment. (Ord. 1517 § 3 (part), 2008)