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HomeMy WebLinkAbout10-17-23 Public Comment - S. Witmer - NO on Ordinance 2149From:Sten Witmer To:Agenda Subject:[EXTERNAL]NO on Ordinance 2149 Date:Tuesday, October 17, 2023 10:45:58 AM CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. City Commissioners, The numbers do not support action, nor will the action proposed in Ordinance 2149 have the intended consequences. It seems the intent of this ordinance is to address the affordable housing issue, or crisis. That issue is real. A 2 bed, 2 bath bungalow easily sells for $700k within City limits. That equates to nearly $5k in mortgage alone, before taxes and maintenance costs are considered. If that home is purchased as an investment to become a long-term rental, the rental rate is surely not affordable. Picking on a relatively small number of STRs is not the solution to this grand problem. There are currently just over 300 STRs in the city, out of a total of over 22,000 housing units. This ordinance is focused on less than 2% of housing units. If all STRs were eliminated tomorrow, would the needle move in any perceptible way? It’s hypothetical, but there is good evidence that many of those STRs would not be converted to long-term rentals, for a variety of reasons. In any case, those units would certainly not become affordable housing. STRs are primarily a mom & pop, DIY, Cottage industry. Even in the occasional cases of “owner” being an out-of-state investor, there is a local economy that has been built around this small industry. Home owners, property managers, maintenance and cleaning contractors all rely on this sector for their livelihood. STRs also offer an alternative and attractive product for tourists and business visits, supporting yet another sector of local economy. Eliminating STRs will only hurt our neighbors, while hurting tourism and increasing demand for hotel stock to be added to the City. Changing rules that have been used as a basis for development and investment will be unduly disruptive for no realized benefit. Ordinance 2131 was passed just months ago. The City should enforce and evaluate the current regulations before adding more confusion and complication to those aiming for compliance. Ordinance 2149 will disrupt and negatively impact livelihoods, businesses, and investments with few positive outcomes. Please vote No on Ordinance 2149. Thank you, Sten Witmer Spruce Property Care(406) 629-1372 sten@sprucepc.com