File #: Pres 24-047    Version: 1 Name:
Type: Presentation Status: Filed
File created: 1/17/2024 In control: City Council
On agenda: 3/18/2024 Final action: 3/18/2024
Title: Short-Term Rental Registration
Attachments: 1. Council Communication, 2. Presentation, 3. Draft Code Updates, 4. January 8, 2024 City Council Meeting Video
Title
Short-Term Rental Registration

Body
Summary and Background Information:
Short-term rentals are residential living spaces available to rent for short amounts of time. Shorter than a traditional lease, these range from 1-29 days. Short-term rentals (STR) are also commonly called vacation rentals. In March of 2022, there were 99 STR properties, units, or rooms operating within Commerce City. By January of 2024, the amount of STRs increased to 250. It is expected that this number will continue to increase. Many nearby municipalities utilize short-term rental regulations to track rentals, collect taxes, and adequately address concerns from residents. But Commerce City currently does not have regulations that guide the operations of these properties. In the absence of regulations, enforcement of any type is challenging, the City receives no tax benefit from these STRs, neighborhood conflicts exist, there is an impact on affordable housing, and absentee hosts may not provide proper oversight to their properties. By establishing short-term rental regulations, these issues could be addressed efficiently and fairly.
Staff have drafted regulation language, and that draft language is included in the packet. Current provisions of note in the draft language include the following requirements:
· All parking must be on an approved surface on the lot
· No STR shall be allowed in subsidized housing
· All hosts shall post the City’s noise ordinance in a visible location
· The property owner must hold a business license from the City, and the unit must be registered as a short-term rental unit
· The business license number must be included in any advertisement of the short-term rental unit
· Before issuance of a permit, each property shall be inspected for compliance with all building and fire codes
· All platforms and managers of multiple rental properties must register and provide detailed records of rental activity and taxes

Staff is actively working to finalize the...

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