The Vail Town Council will continue its review of policy considerations regarding the regulation and compliance of short-term rentals during its evening meeting on Tuesday, Sept. 5. The discussion item is listed as 6.1 on the meeting agenda which begins at 6 p.m. in the Vail Town Council Chambers with opportunities for public comment.
Currently the town has three requirements for short-term rentals: a business license for any owner renting a unit more than 14 days per year, a posting of a Vail sales tax account number on all advertisements and remittance of sales and lodging taxes.
The Town Council has been gathering information and feedback from the community throughout the summer in its consideration of additional requirements in the categories of life safety, licensing enforcement, community impacts and lodging quality standards.
During Tuesday’s discussion, staff will present a series of options for consideration ranging from internal software tracking rental inventory and nuisance violations to neighbor notification during the business license application process. Other considerations include the requirement of local property contact information and a hotline for non-emergency complaints. Another possibility is a requirement that owners sign an affidavit indicating they have safety tools in place including fire extinguishers, carbon monoxide detectors, smoke alarms and maximum occupancy to address life safety concerns.
To evaluate the impact of short-term rentals on the long-term rental market, staff has identified several options for consideration. This includes creation of an incentive program for properties to stay in the long-term rental pool. Another is to require long-term rentals to obtain a business license to help track the movement between short and long-term rental properties and to ensure life safety requirements are also provided for long-term rentals.
Review the staff memo for Tuesday’s discussion here or to comment in advance of the meeting, contact the Vail Town Council at firstname.lastname@example.org.