Title
A RESOLUTION AMENDING SECTION 4 OF THE DIRECTORY OF CITY FEES AND CHARGES TO ADD THE FEE CHARGED FOR SHORT TERM RENTAL UNIT LICENSES
Body
Summary and Background Information:
On August 5, 2024, City Council passed Ordinance 2583 on second reading, establishing regulations for all short-term rental units that operate within the City, beginning January 1, 2025. The adopted regulations will create a licensing system to ensure compliance with these requirements. Licenses will be available online through eTRAKiT and will cost $150, comparable to what other municipalities along the front range charge for short-term rental licensing programs. Licenses will be valid for one-year, and will need to be renewed on an annual basis to continue operating.
Staff Responsible (Department Head): Jim Tolbert; Assistant City Manager
Staff Member Presenting: Alex Van Zante; Policy Analyst II
Financial Impact: Neutral
Funding Source: N/A
Staff Recommendation: Approve Resolution 2024-128.
Suggested Motion: Motion to approve Resolution 2024-128.